Charman buys $31mn in Endurance stock

Endurance CEO John Charman bought a further major block of shares
in the Bermudian (re)insurer during February.
Charman purchased 510,000 shares for $31mn on seven separate
days between 8 and 22 February. The move increases his shareholding
to 2.9 million shares, or 4.3 percent of the total outstanding.
His stake is currently valued at around $181mn.
Janney insurance analyst Ryan Byrnes said in a note that the
purchases showed that Charman was gaining confidence in the
transformation process he