2009-07-27 17:23:04 -

Odyssey Re Holdings Corp. (NYSE: ORH) announced today that Lambert Morvan has been appointed Senior Vice President and Chief Agent, with responsibility for the management of OdysseyRe’s Canadian operations within the Americas Division. Mr. Morvan will be based in Toronto.

Mr. Morvan is a Fellow of the Casualty Actuarial Society and has more than 12 years experience in the Canadian insurance and reinsurance market. During the past nine years, Mr. Morvan has served in senior management and actuarial positions within the Fairfax group of companies, most recently with Northbridge Financial Corporation. In his new capacity, Mr. Morvan will report to Brian Quinn, Chief Underwriting Officer of OdysseyRe's North American Reinsurance operations.

Odyssey Re Holdings Corp. is a leading worldwide underwriter of property

and casualty treaty and facultative reinsurance, as well as specialty insurance. OdysseyRe operates through its subsidiaries, Odyssey America Reinsurance Corporation, Hudson Insurance Company, Hudson Specialty Insurance Company, Clearwater Insurance Company, Newline Underwriting Management Limited, Newline Asia Services Pte. Ltd. and Newline Insurance Company Limited. The Company underwrites through offices in the United States, London, Paris, Singapore, Toronto and Mexico City.

Odyssey Re Holdings Corp. is listed on the New York Stock Exchange under the symbol, “ORH.”


Odyssey Re Holdings Corp.R. Scott Donovan, 203-977-0199Chief
Financial Officer