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NEW YORK - Bermuda-based insurer and reinsurer Endurance Specialty Holdings Ltd. said Wednesday its Chief Operating Officer Daniel M. Izard will leave effective Sept. 1.
| ENH | 27.26 |  0.21 |
Izard's duties will be absorbed by other executives, the company said.
Earlier this month, the company reported first-quarter profit dropped 25 percent as write-downs hurt investment income.
Shares of Endurance Specialty rose 17 cents to close at $33.61. They hit a 52-week low of $33.01 earlier in the day.
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