Alterra Capital Appoints Eric Amadori Vice President of Alterra USA

HAMILTON, Bermuda--(BUSINESS WIRE)-- Alterra Capital Holdings Limited (“Alterra”) (NASDAQ: ALTE; BSX: ALTE.BH) today announced the appointment of Eric Amadori as Vice President, Underwriter of Alterra USA.

W. Marston (Marty) Becker, President and Chief Executive Officer of Alterra, commented: “We are pleased that Eric Amadori has joined Alterra USA to further strengthen its Executive Liability team. Eric has a fine underwriting record, and we expect that he will make an important contribution as we seek to build out our US insurance operations to complement Alterra’s successful insurance businesses in Bermuda and Dublin.”

Doug Worman, President and Chief Executive Officer of Alterra USA, commented: “Eric is a disciplined and respected underwriter with a clear understanding of executive liability business. We expect him to be a great addition to Alterra USA and a valuable asset as we gear up our US executive liability capabilities, and navigate through a market that is currently challenged by soft premium rates.”

Eric Amadori has more than twelve years of management liability underwriting experience, most recently as the New York Regional Vice President of Arch Insurance’s Executive Assurance Division. Prior to joining Arch, Eric worked in the National Accounts Management Liability Division at AIG. He graduated from Fairfield University with a Bachelor of Science in Marketing/Finance.

Eric will underwrite from the New York office of Alterra USA.

About Alterra Capital Holdings Limited

Alterra Capital Holdings Limited is a global enterprise dedicated to providing diversified specialty insurance and reinsurance products to corporations, public entities, and property and casualty insurers.

Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements that reflect Alterra's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those suggested by such statements. For further information regarding cautionary statements and factors affecting Alterra's future results, please refer to the most recent reports on Form 10-K and Form 10-Q and other documents filed by Alterra with the SEC. Alterra undertakes no obligation to update or revise publicly any forward-looking statement whether as a result of new information, future developments or otherwise.

Investors:
Alterra Capital Holdings Limited
Susan Spivak Bernstein, 1-212-898-6640
Senior Vice President
susan.spivak@alterra-bm.com
or
Press:
Kekst and Company
Peter Hill or Roanne Kulakoff, 1-212-521-4800
peter-hill@kekst.com / roanne-kulakoff@kekst.com

Source: Alterra Capital Holdings Limited