Endurance Worldwide Reinsurance Expands Underwriting Capabilities in Europe and Asia Pacific

Business Wire, Sept 8, 2008

PEMBROKE, Bermuda -- Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced several new leadership appointments in its international reinsurance operation servicing non-US clients.

* Laurent Beauregard has been appointed Senior Account Underwriter in Endurance's Zurich office to manage accounts in Continental Europe with a focus on the French speaking markets. Mr. Beauregard has 18 years experience in these markets including several years as a reinsurance broker with AON. His most recent role was Senior Treaty Underwriter with Converium.

* Patrizio Amedeo Cassinis also joined Endurance's Zurich office as a Senior Account Underwriter. With more than 20 years of experience in treaty underwriting in Europe, Mr. Cassinis will focus on the Southern European markets. He joins us from Converium where, as Underwriting Manager for Southern Europe, he developed their property and casualty reinsurance portfolio in Italy, Portugal and Spain.

* Tim Griffiths has been appointed Senior Underwriter with Endurance in Zurich. Mr. Griffiths, formerly of Guy Carpenter, has focused on marine treaty and facultative business across Continental Europe for more than 20 years.

* In Singapore, Kevin Quek joined Endurance as a Senior Account Underwriter reporting to Patrick Aeschbacher, Head of Reinsurance for Asia Pacific. Mr. Quek has 16 years experience in the Asian reinsurance markets, working for XL Re and Munich Re in Singapore.

* Also in Singapore, Endurance looks forward to welcoming Christian Ladoux in December as a Senior Account Underwriter. Mr. Ladoux brings more than 20 years experience in the reinsurance industry, writing treaty business with a focus on the Japanese market.

* Pierre Balthazard will assume the new role of Senior Reinsurance Pricing Actuary for Asia Pacific when he joins Endurance in October. With 13 years experience, Mr. Balthazard has most recently been in a similar role at XL Re in Singapore. He is an Associate of the Singapore Actuarial Society.

* Gareth Christopher, Reinsurance Pricing Actuary in Endurance's London office will transfer to Zurich to provide actuarial support for the underwriting team in Continental Europe. Mr. Christopher is an Associate of the Casualty Actuarial Society and the Institute of Actuaries.

Endurance also recently announced the appointment of Lauren Kent as Senior Underwriting Manager and Head of Reinsurance for Endurance Worldwide Insurance Limited in London. Ms. Kent, in her fifth year with Endurance, has worked in both the United States and London markets as a casualty treaty underwriter. She has 18 years of industry experience, most recently with ERC, and started her reinsurance career in claims management.

The Singapore team is led by Patrick Aeschbacher, Head of Reinsurance for Asia Pacific. He brings to Endurance strong client relationships and depth of knowledge of the regional markets from 23 years of experience in the reinsurance industry.

Hans-Joachim Guenther, Chief Underwriting Officer and Head of Reinsurance for Europe and Asia, remarked "I am excited to welcome our newest colleagues to Endurance. Our knowledge of the local business environments coupled with Endurance's specialized industry expertise and multi-line capability will position us to further expand and strengthen our reinsurance portfolio in Europe and Asia."

William Jewett, Chief Executive Officer of Endurance Worldwide Reinsurance, added, "We are very pleased to announce these additional steps in realizing our ongoing global expansion. Our expanded capability in Continental Europe and Asia, together with our London team, provides us with the depth of reinsurance expertise to better serve our clients and brokers in these regions. This enhancement to our strategy is integral to our commitment to be recognized globally as a leading specialty reinsurer."

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. For more information about Endurance, please visit http://www.endurance.bm.