Endurance Announces Peter Mills to Head Specialty Reinsurance
PEMBROKE, Bermuda - May 22, 2013 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Peter Mills will be joining the company as Executive Vice President and Head of Specialty Reinsurance. The creation of this new role focused on building Endurance's specialty reinsurance capabilities will support the company's plans for international expansion. Mr. Mills brings to Endurance almost thirty years experience underwriting specialty risks with responsibilities across global reinsurance markets. He will join Endurance's Bermuda operation on August 14, 2013, subject to approval by the Bermuda Department of Immigration.
Jerome Faure, Chief Executive Officer of Global Reinsurance, commented, "Peter's demonstrated ability to introduce new specialty product lines will be an important component to our international growth strategy. We are confident that, working closely with our local account teams, the technical capabilities of these specialty underwriting teams will enable us to develop richer multi-line relationships with our clients around the world."
Mr. Mills joins Endurance from Tokio Millennium Re Ltd, where he served most recently as Strategic Underwriting Officer, expanding their specialty product lines and global reach. From 2005 to 2011, Mr. Mills was Senior Vice President of Specialty Lines responsible for developing Tokio Millennium Re's specialty portfolio worldwide. Prior to joining Tokio, Mr. Mills held various underwriting roles of increasing responsibility at Gerling America, XL Europe and Cologne Re over the last twenty years. He holds a Bachelor of Science degree in Economics from St. Francis College in Brooklyn, New York.
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.
Phone: (441) 278-0988
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