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Rebuffed Endurance Specialty Holdings still on lookout for acquisition

Posted On: Mar. 19, 2015 12:00 AM CST

Bermuda-based Endurance Specialty Holdings Ltd. is still looking for an acquisition target following its failed attempt to merge with the country's Aspen Insurance Holdings Ltd. in 2014, reports The Royal Gazette.

"We would prefer a global business but we are also actively considering regional add-ons," said Endurance chief executive John Charman. Endurance's reinsurance business is expected to write $2 billion in annual premiums by 2017, said Mr. Charman.

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