Endurance (ENH) Tops Q2 EPS by 16c

Go back to Endurance (ENH) Tops Q2 EPS by 16c

Endurance (ENH) Ratings Affirmed by S&P Following Montpelier Re Deal

August 3, 2015 3:33 PM EDT

Standard & Poor's Ratings Services said today that it affirmed its 'BBB+' long-term counterparty credit rating on Endurance Specialty Holdings Ltd. (NYSE: ENH) (ESHL) and its 'A' financial strength and long-term counterparty credit ratings on ESHL's core operating subsidiaries. The outlook is stable.

At the same time, we raised our long-term counterparty credit rating on Montpelier Re Holdings Ltd. (MRH) to 'BBB+' from 'BBB' and subsequently withdrew the ratings on MRH. We also raised our senior unsecured debt rating on MRH's $300 million 4.7% senior notes due in 2022 to 'BBB+' from... More