New Appointments and Team Expansions, Reduced Ownership Stakes, and Increased Cash Dividends - Research Report on MGIC Investment, XL Group, Endurance Specialty, ING U.S., and W.R. Berkley
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NEW YORK, June 13, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting MGIC Investment Corp. (NYSE: MTG), XL Group plc (NYSE: XL), Endurance Specialty Holdings Ltd. (NYSE: ENH), ING U.S. Inc. (NSYE: VOSA) and W.R. Berkley Corporation (NSYE: WRB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
MGIC Investment Corp. Research Report
On June 10, 2013, MGIC Investment Corp. (MGIC Investment) issued an Operational Summary of its insurance subsidiaries for the month of May 2013 for their primary mortgage insurance. The summary is also available on the Company's website, under Investor Information, Press Releases. The Full Research Report on MGIC Investment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/02cc_MTG]
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XL Group plc Research Report
On June 6, 2013, XL Group plc's (XL Group) Iberia and Latin America insurance operation announced the appointment of Ivan Torrecilla as Client & Distribution Leader of the Catalonia region. Further, XL Group announced the expansion of its team in Barcelona. The Company reported that Juan García has joined as Senior Loss Prevention Consultant in its risk engineering team XL GAPS, and that Estefanía Taboada, Senior Underwriter Professional Lines, will move from the XL Group office in Paris to Barcelona in September 2013. These steps were announced on June 5, 2013 during the inauguration cocktail party of the new XL Group office in Barcelona (Paseo de Gracia, 110), attended by clients, brokers, partners and colleagues. In his welcome speech, Bruno Laval, Regional Manager Iberia and Latin America of XL Group's insurance segment, stated, "We're committed to this region and the strengthening of our team here will help us better respond to the needs of our clients and brokers with new capabilities and a continued high level of service." The Full Research Report on XL Group plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5c47_XL]
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Endurance Specialty Holdings Ltd. Research Report
On May 28, 2013, Endurance Specialty Holdings Ltd. (Endurance) announced that its Board of Directors has elected John R. Charman as the Company's Chairman and Chief Executive Officer, effective immediately. The Company reported that David Cash stepped down as the Company's Chief Executive Officer and as a member of the Board, and William H. Bolinder, the current Chairman of the Board, has become the Company's Lead Director. "John Charman brings to Endurance outstanding leadership qualities, global insurance experience and the demonstrated ability to attain strong and consistent operating performance. John has a blue chip track record of delivering bottom-line results, improving underwriting ratios, managing risk and allocating capital efficiently. We believe the opportunity to benefit from his expertise is extraordinary and look forward to him helping Endurance build on its success to date while enhancing our focus on shareholder value creation. His investment of personal capital speaks volumes about his confidence in and commitment to our future opportunities," Bolinder said. The Full Research Report on Endurance Specialty Holdings Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/8042_ENH]
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ING U.S. Inc. Research Report
On May 28, 2013, ING U.S. Inc. (ING U.S.) announced that the underwriters in the Initial Public Offering (IPO) of ING U.S. have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share. ING U.S. shares started trading on the New York Stock Exchange on May 2, 2013. The exercise of the option has no financial impact to ING U.S. The gross proceeds from the exercise will go to ING Group and will reduce ING Group's ownership in ING U.S. to approximately 71%. The closing of the overallotment offering is expected to occur on May 31, 2013, subject to customary closing conditions. The Full Research Report on ING U.S. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9132_VOYA]
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W.R. Berkley Corporation Research Report
On May 21, 2013, W.R. Berkley Corporation (W.R. Berkley) announced that its Board of Directors has voted to increase the cash dividend to an annual rate of $0.40 per share, representing an 11% increase from the present rate. The first quarterly dividend at the new rate of $0.10 per share will be paid on July 2, 2013 to stockholders of record at the close of business on June 11, 2013. The Full Research Report on W. R. Berkeley Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/955e_WRB]
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SOURCE Wall Street Reports
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