Endurance Specialty Insurance Ltd.
Endurance Specialty Insurance Ltd., the Bermuda subsidiary of
Endurance Specialty Holdings Ltd., named Daniel Izard Iz´ard
n. 1. (Zool.) A variety of the chamois found in the Pyrenees. head of the
company's reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. operations. Izard will remain executive vice
president of the company's aerospace division. Lou Adanio, who was
formerly responsible for Endurance Specialty's reinsurance
operations, has been named chief underwriting Underwriting
1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).
2. The process of issuing insurance policies. officer.
COPYRIGHT 2004 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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