Endurance Welcomes New E&S Excess Casualty Insurance Team
(Thomson Reuters ONE) -
PEMBROKE, Bermuda - May 14, 2013 - Endurance Specialty Holdings Ltd. (NYSE:ENH),
a Bermuda-based specialty provider of property and casualty insurance and
reinsurance, today announced that an Excess & Surplus (E&S) lines Excess
Casualty team will join the company next week. Joseph Rainone will be appointed
Executive Vice President and Head of Endurance's new Excess Casualty - E&S
insurance unit, which will include a team of underwriters located in Los Angeles
and Atlanta. Mr. Rainone began his underwriting career in 1979 and his
experience spans a range of casualty underwriting and management roles with a
focus on surplus lines.
Jack Kuhn, Chief Executive Officer of Global Insurance, commented, "With Joe and
his team's extensive knowledge of the E&S market and long-term relationships
with producers throughout the U.S., we will be able to quickly grow our current
Excess Casualty portfolio. The strong reputation and underwriting talent that
this team has developed in the wholesale casualty market will be a tremendous
resource to Endurance as we continue to build out our insurance capabilities."
Mr. Rainone was most recently Senior Vice President and Excess Casualty Division
Manager at Alterra Specialty. From 1998 through 2010, Mr. Rainone was a Senior
Vice President at RSUI Group, Inc. and head of their casualty underwriting
division responsible for excess and primary lines of business accessed through
wholesale brokers. Prior to that, he held various excess casualty underwriting
and management positions at Landmark Insurance Company, The Chubb Corporation,
AIG and Liberty Mutual Insurance. Mr. Rainone holds a Bachelor of Business
Administration degree from Hofstra University.
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: (441) 278-0988
Email: investorrelations(at)endurance.bm
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Source: Endurance Specialty Holdings Ltd via Thomson Reuters ONE
[HUG#1701596]
Unternehmensinformation / Kurzprofil:
Datum: 14.05.2013 - 22:15 Uhr
Sprache: Deutsch
News-ID 260089
Anzahl Zeichen: 3534
contact information:
Town:
Pembroke
Kategorie:
Business News
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