Harbor Point Limited

News

HARBOR POINT OPENS REPRESENTATIVE OFFICE
IN LONDON

Trevor Carvey Appointed Managing Director

Pembroke, Bermuda, December 14, 2006 - Harbor Point Limited (“Harbor Point”) today announced the opening of Harbor Point Re UK. Harbor Point Re UK is a representative office of Harbor Point operating subsidiaries Harbor Point Re Limited (“Harbor Point Re”) in Bermuda, and Harbor Point Services, Inc. in New Jersey. Harbor Point Limited, based in Bermuda, is a global property casualty reinsurance company which offers a broad range of diversified reinsurance products.

The company also announced that Trevor G. Carvey has been appointed Managing Director of Harbor Point Re UK. Mr. Carvey, 44, has a distinguished track record as a leading global marine and energy underwriter. He will be responsible for identifying a broad range of opportunities for the Harbor Point group, including marine and energy risks. Mr. Carvey has more than 25 years of reinsurance industry experience, most recently having served as Chief Underwriter, Marine and Energy, for Arch Reinsurance Ltd. Prior to joining Arch Re, he held a number of positions with GE Frankona Re and Folksam International.

John R. Berger, CEO of Harbor Point, said, “The opening of our London representative office under Trevor’s leadership is a significant milestone in our first year of operations. We look forward to the opportunities that will arise as a result of Trevor’s knowledge and relationships.”

Andrew Cook, President and CFO of Harbor Point Re, added, “Daily access to the London reinsurance market will further enhance our Company’s development as a leading property casualty reinsurance company. We are very pleased that Trevor has made the commitment to lead this initiative for us.”

Harbor Point Re UK is located in Lloyd’s Building – Gallery 4, Lime Street, London.

About Harbor Point
Harbor Point Limited is a Bermuda-based global property casualty reinsurance company. The Company has shareholders’ equity of approximately $1.45 billion as of September 30, 2006. Harbor Point Re Limited, the company’s reinsurance subsidiary, is rated “A” (Excellent) by A.M. Best Company, Inc. and “A-” by Standard & Poor’s. At its formation in November 2005, Harbor Point acquired all of the assets, including renewal rights, of Chubb Re.