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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

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Wall Street Reports

Jun 13, 2013, 08:00 ET

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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]

--

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]

--

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]

--

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]

--

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]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquires, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Wall Street Reports

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