updated 5/23/2011 4:16:26 PM ET 2011-05-23T20:16:26

PEMBROKE, Bermuda, May 23, 2011 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that John A. Davis has joined Endurance Worldwide Reinsurance as Senior Vice President and Manager of the U.S. Treaty Casualty and Workers' Compensation business unit. Mr. Davis has held a number of senior casualty underwriting positions with reinsurers over the last 20 years. He will now be responsible for overseeing the strategic direction, underwriting and marketing of Endurance's U.S. Treaty Casualty and Workers' Compensation portfolio, reporting to James D'Onofrio, Executive Vice President and Head of Endurance's U.S. Reinsurance business.

James D'Onofrio commented, "John's depth of underwriting expertise and knowledge built over many years of focused experience in the U.S. casualty treaty markets will be a great complement to our reinsurance leadership team. Casualty treaty accounts have always been an important component of our U.S. reinsurance portfolio, and I'm confident that under John's guidance, we will maintain our reputation for providing highly responsive and value-added service to our clients and brokers." 

"We are committed to the treaty casualty market in the U.S. and value the contributions John will bring to Endurance as he works with our present teams to continue to build on our long-standing partnerships with our key brokers and clients," added William M. Jewett, President of Endurance Specialty Holdings Ltd.

Mr. Davis joins Endurance from PartnerRe North America where, as Standard Lines Casualty Manager, he structured reinsurance treaties for Auto, General Liability, Umbrella and Workers' Compensation. Prior to that, he held a similar role at Ace Tempest Reinsurance for eight years, beginning in 2002. Earlier in his career, Mr. Davis held various senior underwriting roles focused on casualty treaty reinsurance for Odyssey America Reinsurance, Gerling Global /Constitution Reinsurance Corporation and Zurich Reinsurance Centre Inc. Mr. Davis holds a B.S. degree in Finance from Providence College.

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, 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 http://www.endurance.bm.

CONTACT: Investor Relations
         Phone: (441) 278-0988
         Email: investorrelations@endurance.bm

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.71%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.15%
17.14%
Source: Bankrate.com