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PEMBROKE, Bermuda, Dec 17, 2012 - (ACN Newswire) - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Catherine A. Kalaydjian will, in addition to her current responsibilities as Chief Claims Officer, be promoted to the role of Chief Administrative Officer and assume responsibility for Human Resources, Marketing and Communications and Facilities. Ms. Kalaydjian is based in Endurance's Bermuda office and will continue to report to Chief Executive Officer David Cash. Her appointment is subject to approval by the Bermuda Department of Immigration. David Cash, commented, "In addition to building and leading Endurance's global claims team, Cathy has been a passionate advocate and leader in the development of our staff and the promotion of Endurance's culture. Over the next few years, we are planning meaningful investments in our global insurance and reinsurance teams, this in turn will place a significant emphasis on Endurance's efforts to develop and promote our staff. In asking Cathy to take on the role of Chief Administrative Officer, Endurance is recognizing both the important role that our Administrative team will play through this period of expansion and the significant individual contributions that Cathy has made to the company and its development." Ms. Kalaydjian joined Endurance in 2003 as Senior Vice President, Head of Claims for the U.S. reinsurance operations and has served as the Chief Claims Officer since March 2007. During the span of her thirty year career, she has held senior claims and administrative roles covering a broad range of reinsurance, direct and property and casualty lines, most recently as Senior Vice President, Head of Claims for QBE North America. Ms. Kalaydjian is an active leader in industry organizations, where she has served on several not-for-profit boards and held the position of President of the International Association of Claim Professionals as well as the Association of Professional Insurance Women. Ms. Kalaydjian holds a BA cum laude in Marketing Management from Siena College, Loudonville, NY. 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, casualty, healthcare liability, agriculture, professional lines and surety and other specialty lines of insurance and property, catastrophe, casualty, aerospace and marine, and surety 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: +1-441-278-0988 Email: investorrelations@endurance.bm
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endurance Specialty Holdings Ltd via Thomson Reuters ONE
Topic: Press release summary
Source: Endurance Specialty Holdings Ltd.
http://www.acnnewswire.com
From the Asia Corporate News Network
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