Byrne to Retire from Flagstone Re Board

December 9, 2010

Flagstone Reinsurance Holdings, S.A., announced that Mark Byrne, Flagstone’s co-founder and former Executive Chairman, has decided to retire as a member of the Company’s Board of Directors.

“As one of our founders and Executive Chairman, Mark was instrumental in establishing and building Flagstone into the company it is today,” said Daniel James, Flagstone’s Chairman. “On behalf of the Board of Directors, I would like to thank Mark for his service and commitment to Flagstone these past five years, and wish him the best in his future endeavors.”

Mr. Byrne said “I very much appreciate the Board’s thanks and gratitude and am confident that the future of Flagstone is in solid hands.”

Source: Flagstone Reinsurance Holdings, S.A.

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