24 May 2013 News

Endurance appoints Specialty Reinsurance head

Endurance Specialty Holdings, a Bermuda-based property and casualty re/insurer, has appointed Peter Mills as executive vice president and head of Specialty Reinsurance.

The newly created role will focus on building Endurance's specialty reinsurance capabilities and support the company's plans for international expansion.

Mills brings to Endurance almost thirty years’ experience underwriting specialty risks with responsibilities across global reinsurance markets. He will join Endurance's Bermuda operation on 14 August, 2013, subject to approval by the Bermuda Department of Immigration.

"Peter’s demonstrated ability to introduce new specialty product lines will be an important component to our international growth strategy,” said Jerome Faure, chief executive officer of Global Reinsurance. “We are confident that, working closely with our local account teams, the technical capabilities of these specialty underwriting teams will enable us to develop richer multi-line relationships with our clients around the world."

Mills joins Endurance from Tokio Millennium Re, where he served most recently as strategic underwriting officer, expanding the specialty product lines and global reach. From 2005 to 2011, Mills was senior vice president of Specialty Lines responsible for developing Tokio Millennium Re's specialty portfolio worldwide. Prior to that, Mills held various underwriting roles of increasing responsibility at Gerling America, XL Europe and Cologne Re

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