English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 18 October 2013, 06:30 HKT/SGT
Share:
    

Source: Endurance Specialty Holdings Ltd.
Endurance Announces Christopher Donelan to Lead North American Reinsurance

PEMBROKE, Bermuda, Oct 18, 2013 - (ACN Newswire) - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Christopher Donelan will join the company as President & Chief Underwriting Officer for Endurance Re U.S. Mr. Donelan has almost 25 years' experience in this market, having most recently built the reinsurance portfolio for Axis Re U.S. since its inception. Along with Mr. Donelan, Michael Fokken and Tracy Thomson will join Endurance as Executive Vice Presidents in Endurance Re's North America underwriting operation. Nicholas Leccese and Mark Strona will both assume roles as reinsurance pricing actuaries supporting this business unit. These latest additions to Endurance will start on October 28, 2013 and will be based in New York.

Jerome Faure, Chief Executive Officer of Global Reinsurance, commented, "The addition of Chris and the team will significantly strengthen our underwriting and analytical capabilities in the North America reinsurance market and expand our client and broker network. By reinvesting the restructuring savings we generated earlier this year to bolster our underwriting resources, we are fulfilling our commitment to transforming Endurance into a recognized leader in the global reinsurance market."

Mr. Donelan joins Endurance from Axis Re, where he was President & Chief Underwriting Officer for their U.S. operations. Mr. Donelan joined Axis in 2002 with the formation of Axis Re U.S. and was instrumental in building their domestic reinsurance portfolio. Before Axis Re, Mr. Donelan held the position of Vice President, Manager of the Professional Liability Division of Gerling Global Reinsurance Corporation of America. His prior experience includes managing ceded reinsurance with American International Group and serving as a Senior Claims Examiner with Tokio Re and Allstate Insurance Company. He holds a MBA in Insurance and Risk Management from St. John's University and holds both the Chartered Property Casualty Underwriter and Associate in Reinsurance designations.

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, agriculture, professional lines, and casualty and other specialty lines of insurance and property, catastrophe, casualty, 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 principal operating subsidiaries. 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. For more information about Endurance, please visit www.endurance.bm.

Contact
Investor Relations
Phone: +1-441-278-0988
Email: investorrelations@endurance.bm


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Endurance Specialty Holdings Ltd via Thomson Reuters ONE

Topic: Press release summary
Source: Endurance Specialty Holdings Ltd.


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Endurance Specialty Holdings Ltd. Related News
May 20, 2016 06:00 HKT/SGT
Endurance's Board of Directors Declares Quarterly Dividends on Ordinary and Preferred Shares
May 3, 2016 06:20 HKT/SGT
Blue Capital Reinsurance Holdings Reports First Quarter 2016 Financial Results
May 3, 2016 06:00 HKT/SGT
Endurance Reports Excellent First Quarter 2016 Underwriting Profitability With a Combined Ratio of 77.9%
Apr 15, 2016 08:00 HKT/SGT
Endurance Comments on First Quarter 2016 Investment Results
Apr 12, 2016 09:30 HKT/SGT
Endurance Hires Michael Nardiello to Join Global Risk Solutions
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575