Shares of the specialty insurer are rising on news it could be an acquisition target.
News & Analysis: Endurance Specialty
The specialty insurer and reinsurer saw its Montpelier acquisition cut into earnings per share, but it looks to be driving long-term value higher.
Premiums and total net income rose even though earnings per share took a big hit.
Earnings took a hit from the Montpelier Re acquisition, but the insurer's strategic direction looks sound.
The reinsurance company is fighting a tough market but has hopes for better prospects ahead.
Industry conditions posed headwinds to the company's otherwise impressive growth prospects.
The reinsurance industry is going through a rough patch, and that could have a substantial impact on earnings for Endurance.
The insurance company's earnings remain stable as premium volume soars.
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