Endurance Specialty Holdings has tapped former Axis Capital founder John R. Charman as its chairman and CEO, effective immediately.

Endurance Lead Director William H. Bolinder says Charman "brings to Endurance outstanding leadership qualities, global insurance experience and the demonstrated ability to attain strong and consistent operating performance."

"John has a blue chip track record of delivering bottom-line results, improving underwriting ratios, managing risk and allocating capital efficiently," Bolinder continues, in a statement.

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