Endurance Hires Michael Nardiello to Join Global Risk Solutions

PEMBROKE, Bermuda - April 11, 2016 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that Mr. Michael Nardiello has joined the company as Senior Vice President, Property Product Leader, Global Risk Solutions. Global Risk Solutions is a recently launched business within Endurance Insurance, targeting large account risk management clients within select global industry verticals. The new platform, headed by Michael Chang, CEO of Global Risk Solutions, is initially focused on the Real Estate & Hospitality, Financial Institutions and Professional Services industries. Mr. Nardiello will be based in Endurance's New York City office.

Mr. Nardiello was most recently Regional Property Executive with AIG since April 2012, responsible for property operations in their Northeast Region. Prior to that, Mr. Nardiello was with Marsh Inc., where he spent the majority of his 20 plus year career in a variety of roles of increasing responsibility.  He was promoted to Managing Director at Marsh in 2005 and served as U.S. Property Placement Leader since 2010. He is a graduate of Loyola University in Maryland.

Mr. Chang commented, "I am very pleased that Mike is joining our Global Risk Solutions' team. His deep property product knowledge and extensive experience in our target industry classes, both as an underwriter and a broker, will differentiate us in these key markets. Endurance is building a unique holistic service model offering industry tailored solutions across a broad range of products. I am confident that Mike's wide network and client-oriented approach will be instrumental to the success of this new business initiative."

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 visit www.endurance.bm.

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