Jacques de Bruijn Joins Flagstone Reassurance Suisse SA as Senior Underwriter

    HAMILTON, BERMUDA, September 10 /CNW/ - Flagstone Reassurance Suisse SA,
a subsidiary of Flagstone Reinsurance Holdings Limited (NYSE:  FSR), today
announced a new addition to their underwriting team. Jacques de Bruijn joins
the Company as Senior Underwriter in the Martigny, Switzerland office. Mr. de
Bruijn joins the team from Caisse Centrale de Reassurance where he was Vice
President and Senior Underwriter for Central/Eastern Europe.

    CEO of Flagstone Reassurance Suisse SA, Guy Swayne, commented: "We are
delighted that Jacques is joining our European operations as he brings many
years experience and is familiar with the rapidly developing Eastern European
region. Eastern Europe is an important part of our International plans, and we
look forward to supporting clients as they grow."

    About Flagstone Reinsurance Holdings Limited

    Flagstone Reinsurance Holdings Limited, through its operating
subsidiaries, is a global reinsurance company formed and headquartered in
Bermuda. Flagstone Re employs a focused, technical approach to the Property
Catastrophe, Property, and Specialty reinsurance business. Flagstone Re and
Flagstone Reassurance Suisse have received "A-" financial strength ratings
from both A.M. Best and Fitch Ratings, and "A3" ratings from Moody's Investors

For further information:

For further information: Flagstone Reinsurance Holdings Limited,
Hamilton Brenton Slade, 441-278-4303

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