Upon retirement from Bell Endurance Specialty

 

Thursday, Mar 26,2009, 2:02:59 PM   Click:

PEMBROKE, Bermuda, March 24, 2009 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (NYSE:ENH - News), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Thomas D. Bell will be retiring from his position as Executive Vice President of Compliance, effective June 1, 2009. Mr. Bell joined Endurance in December 2001 as one of the founding members of the company and, during his time with Endurance, served in a number of key roles including Executive Vice President of Reinsurance Operations and President of Endurance Specialty Insurance Ltd. Prior to joining Endurance, Mr. Bell spent 21 years at American Re Corporation in various underwriting, marketing and management roles culminating as Senior Vice President responsible for the Regional Middle Markets Marketing Group. Mr. Bell's current responsibilities will be assumed by other members of Endurance's executive team.

Kenneth J. LeStrange, Chairman, President and Chief Executive Officer, commented, ``Throughout Endurance's growth and development, Tom always exemplified the culture and values that Endurance seeks to project. In everything he does, Tom is a consummate team player and his constant focus on doing what was best for Endurance has helped shape our company. He has played an important role in developing our corporate and underwriting compliance culture, which has contributed significantly to our status as an industry leader in Enterprise Risk Management. Tom will be greatly missed by me and all his colleagues.''

About Endurance Specialty Holdings

Endurance Specialty Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance. Through its operating subsidiaries, Endurance writes property, casualty, healthcare liability, agriculture, workers' compensation, professional lines of insurance and property, catastrophe, casualty, agriculture, marine, aerospace, and surety and other specialty lines of reinsurance. We maintain excellent financial strength as evidenced by the ratings of A (Excellent) from A.M. Best (XV size category) and A (Strong) from Standard and Poor's on our operating subsidiaries (other than American Agri-Business Insurance Company) and A- (Excellent) from A.M. Best for American Agri-Business Insurance Company. Endurance's headquarters are located at Wellesley House, 90 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Endurance Specialty Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda.