updated 5/11/2011 4:18:27 PM ET 2011-05-11T20:18:27

PEMBROKE, Bermuda, May 11, 2011 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors declared a quarterly dividend of $0.30 per ordinary share and $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A. The dividend on Endurance's outstanding ordinary shares will be payable on June 30, 2011 to the ordinary shareholders of record on June 16, 2011 and the dividend on Endurance's Series A Preferred Shares will be payable on June 15, 2011 to the Series A Preferred shareholders of record on June 1, 2011.

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 and professional lines of insurance and property, catastrophe, casualty, agriculture, aerospace and marine, 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 & Poor's. 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: (441) 278-0988
         Email: investorrelations@endurance.bm

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