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2016-02-09

Endurance Specialty Holdings Ltd: Endurance Hires Michael Chang as Chief Executive Officer, Global Risk Solutions

New Business Within Endurance Insurance Will Target Global Industry Verticals

PEMBROKE, Bermuda - February 9, 2016 - Endurance Specialty Holdings Ltd.
(NYSE:ENH), a Bermuda-based specialty provider of property and casualty
insurance and reinsurance, announced today that Mr. Michael Chang will join
the company on February 22 as Chief Executive Officer of Global Risk
Solutions, a newly formed business within Endurance Insurance. Mr. Chang will
be responsible for building a platform targeting global industry vertical
solutions for large account risk management clients. He will report to Mr.
Jack Kuhn, Chief Executive Officer, Global Insurance and will be based in
Endurance's New York office.

Mr. Chang was most recently Executive Vice President, Real Estate&Hospitality
Practice of Chubb. He began his career at Chubb as a Surety trainee in 1997
and, since 2000, Mr. Chang has served in various management capacities in
Chubb's New York Brokerage Zone, Department of Financial Institutions
operation. In 2005, he was promoted to build and lead the then newly formed
Global Real Estate Practice of Chubb Specialty Insurance. Prior to joining
Chubb, Mr. Chang was a financial analyst for the Melville Corporation in
Mahwah, NJ following his graduation from the University of Pennsylvania
(Wharton Undergraduate Division) with a Bachelor of Science degree in
Economics.

Mr. Kuhn, Chief Executive Officer, Global Insurance, commented on Mr. Chang's
appointment, stating, "I am delighted to announce the formation of this new
business and that Michael has decided to join our team to lead this strategic
business initiative. Michael is a talented and innovative leader with a
reputation for driving profitable growth and is known for his ability to
build and motivate high performing teams. The entire leadership team at
Endurance is looking forward to working with Michael as we expand into this
important segment of the global insurance marketplace."

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 agriculture, professional lines, property, marine and
energy, and casualty and other specialty lines of insurance and catastrophe,
property, casualty, professional lines and 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 Waterloo House, 100 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 visitwww.endurance.bm.

Contact

Investor Relations
Phone: +1 441 278 0988
Email: investorrelations@endurance.bm

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endurance Specialty Holdings Ltd via Globenewswire

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Författare WKR

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