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2015-09-21

Endurance Specialty Holdings Ltd: Endurance Names Chris Gallagher as New Chief Risk Officer

PEMBROKE, Bermuda - September 21, 2015 - Endurance Specialty Holdings Ltd.
(NYSE:ENH), a Bermuda-based specialty provider of property and casualty
insurance and reinsurance, announced that Christopher Gallagher will assume
the position of Chief Risk Officer and Group Actuary effective today. Mr.
Gallagher will transition responsibility for the company's Corporate Risk
Management function from Joan deLemps who announced her intention to retire
from Endurance earlier this year. Mr. Gallagher's appointment is subject to
approval by the Bermuda Department of Immigration.

Mr. Gallagher joins Endurance from AXIS Capital where he has served as Chief
Risk Officer for the AXIS Insurance segment since 2007, responsible for
managing their risk, actuarial and catastrophe modeling functions on a global
basis. Prior to that, Mr. Gallagher was a Senior Manager with Ernst&Young LLP
from 2001 where he was a leader in their insurance and actuarial advisory
practice based in London. He holds a Bachelor of Science degree in
Mathematics and Statistics from the University of Glasgow and is a Fellow of
the Institute and Faculty of Actuaries in the UK.

Mr. John R. Charman, Chairman and CEO of Endurance commented, "Having worked
closely with Chris before, I am delighted to welcome him to Endurance and our
management team. His expertise will be extremely beneficial as we continue to
enhance our risk framework and practices to support the increasing scale and
complexity of our organization."

He continued, "Joan is a recognized industry leader who has had a long and
distinguished career, culminating in more than a decade contributing to the
development of Endurance from our start-up phase to the global company we are
today. I wish to thank Joan both personally and corporately for her insights
and guidance as a valued member of our management team and wish her a long,
healthy and happy retirement."

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, 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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