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Endurance Welcomes Christopher Smith to Head New Ocean Marine Insurance Unit

PEMBROKE, Bermuda - May 6, 2013 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Smith joins the company today as Senior Vice President to build and lead a new Ocean Marine insurance unit writing bluewater hull, brownwater hull, marine liability and cargo coverage. Over his 30 year career, Mr. Smith has focused exclusively on marine insurance, developing strong underwriting expertise in this niche market.

Jack Kuhn, Chief Executive Officer of Global Insurance, commented, "Chris brings to us a depth of understanding of the ocean marine market as well as connections with specialty brokers across the U.S. developed over many years of underwriting. We are especially pleased to welcome Chris to the Endurance team as we continue to add new specialty products to our insurance offerings."

Mr. Smith joins Endurance from XL Insurance where he launched their Hull business in 2000 as part of a team that started XL's Marine and Energy Department.  He then went on to become Product Head for XL's Marine Offshore Energy lines in the Americas and served as Chief Underwriter for that business for the last 5 years.  Prior to that, Mr. Smith was a marine underwriter with a focus on bluewater hull accounts at Reliance National, American International Marine Agency (AIG) and American Hull Insurance Syndicate.  He holds a Bachelor of Science degree from Manhattan 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, 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@endurance.bm

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