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Endurance posts profit for 2006


PEMBROKE, Bermuda—Endurance Specialty Holdings Ltd. posted net income of $498.1 million for 2006, compared with a loss of $220.1 million for the previous year.

The Pembroke, Bermuda-based insurer and reinsurer said it wrote total premiums of $1.95 billion in the 2006 year, up 10.3% compared with 2005.

In addition, Endurance said it estimated losses of between $30 million and $40 million from Windstorm Kyrill, which hit parts of Northern Europe in January.