SUMMIT RE ANNOUNCES KEY ADDITION TO ITS EXECUTIVE TEAM.

Ft. Wayne, Indiana, April 8, 2008 Summit Reinsurance Services, Inc. is pleased to announce the addition of Faith Johnston to its executive staff. Faith joins Summit Re as regional vice president, sales. She will be responsible for selling and servicing catastrophic medical excess programs to insurance carriers, Blue Cross and Blue Shield plans, HMOs and other health plans. Faith will be based in Summit Re's Golden, CO office.

Faith joins Summit Re with over 20 years of experience in the health and life reinsurance industry. Prior to Summit Re, Faith worked as a reinsurance sales representative for Lincoln Re, Allianz Re and Allianz Healthcare Risk Management. Her past experience also includes working as a reinsurance broker and for a medical cost containment company.

"We are very excited to have someone of Faith's expertise and professionalism. Her background provides her with a broad perspective of the health care reinsurance marketplace and will definitely be a competitive advantage, particularly as we expand our presence in the western U.S," said Brian Fehlhaber, Summit Re principal and vice president of sales.

For additional information on Faith Johnston or Summit Re, contact Brian Fehlhaber at (260) 469-3004 or visit www.summit-re.com.

ABOUT Summit Re - Summit Re is a full-service managing underwriter with an exclusive relationship with Swiss Re, the world's largest and most diverse reinsurer, to provide excess-of-loss coverage to health plans and insurers. Summit Re helps clients analyze, transfer and manage risk to protect their financial stability. Headquartered in Fort Wayne, IN, the company has offices in Minneapolis, MN, Davie, FL, Charlotte, NC, Golden, CO, and Indianapolis, IN. More information is available at www.summit-re.com

Contact for Summit Re

Faith Johnston, Regional Vice President
Voicemail: 720-746-1366
Fax: (720) 746-1613
FJohnston@summit-re.com
http://www.summit-re.com