Reinsurance News
Everest Insurance
Kendrick appointed Chairman of Everest Insurance European Board
28th March 2023
Everest Insurance, the insurance division of Everest Re Group, Ltd, has appointed industry veteran Andrew Kendrick as Non-Executive Chairman of the Board of Directors for Everest Insurance (Ireland), Dac, effective April 7. Additionally, Kendrick will serve as an advisor to Everest Insurance International as the company aims to continue to advance ... Read the full article
Everest Insurance appoints Chaves to lead operations in Mexico
27th March 2023
Everest Insurance, the insurance division of Everest Re Group, has appointed Jaime Chaves to lead its insurance operations in Mexico, pending regulatory approval. In the role, he will be based in Mexico City and will report to Pablo Korze - Regional President Latin America, Everest Insurance. Overall, Chaves brings over 25 years ... Read the full article
Everest Insurance announces official entrance into Spain
31st January 2023
Everest Insurance, the insurance division of Everest Re Group, has announced its expansion into the Spanish market. The Spain branch is headquartered in Madrid, with another office opening in Barcelona. José Ramón Morales will lead the operations as Head of Spain. Everest suggests that its Spanish offices will provide a bespoke range of insurance ... Read the full article
Timothy Powell joins Everest Insurance as Head of Financial Lines
24th January 2023
Everest Insurance, the primary insurance division of Everest Re Group, has announced the appointment of Timothy Powell as Head of Financial Lines. According to the announcement, he will succeed Christian Colombera who will assume the role of Managing Director of Australia & Head of the Pacific Region, pending regulatory approval. Powell brings ... Read the full article
Everest Re estimates $730m of Q3 catastrophe losses, $600m from Ian
20th October 2022
Global insurance and reinsurance group Everest Re has pre-announced an estimated $730 million of catastrophe losses for the third-quarter of 2022, $600 million of which are related to hurricane Ian. For hurricane Ian, Everest Re said that its loss estimate is based on an insurance industry-wide loss pick of approximately $55 ... Read the full article
Everest expands Europe presence with offices in Paris and Düsseldorf
17th October 2022
Everest Insurance, the insurance division of Everest Re Group, has said it is expanding further into the European market through the opening of new branches in France and Germany. The firm said in a statement that the two branches would be in Paris and Düsseldorf. The French branch will be known ... Read the full article
Everest expands into group personal accident and health market
21st September 2022
Everest Re’s offshoot Everest Insurance has said it is expanding into the group personal accident and health insurance market with the launch of a new suite of group personal accident insurance products. The products include K-12 Student Accident, Participant Accident, and Volunteer Accident, and have customised protection for schools, youth sports, ... Read the full article
Everest Insurance appoints Casey Hartley and Danielle Stewart to new roles
30th August 2022
Everest Insurance has made two appointments to its US wholesale division. The firm said in a statement that it had appointed Casey Hartley as senior vice president and head of US wholesale casualty and Danielle Stewart as vice president and national head of whole sale distribution. It said that the appointments ... Read the full article
Everest Insurance names Paul Trueman Head of Aviation
24th August 2022
Everest Insurance, the primary division of Everest Re Group, has appointed Paul Trueman as Head of Aviation for its international business, a newly created role. In his new role, Trueman will lead the Airlines, Aerospace and General Aviation portfolio, responsible for overseeing underwriting, market engagement and treaty purchasing for the company’s ... Read the full article
Everest Insurance makes leadership changes within US & Global Property Division
1st July 2022
Everest Insurance, the primary division of Everest Re Group, has announced several leadership changes in its US and Global Property Division. Firstly, the company has announced that Erik Nikodem, President of Global Property, will retire in mid-July, following a successful three decade career. At the same time, the company has appointed three key leadership ... Read the full article
Everest Insurance enters Asia market with Singapore office
24th June 2022
Everest Insurance, the primary division of Everest Re Group, has officially entered the Asian market after receiving regulatory approval from the Monetary Authority of Singapore to operate in country. The entity will be headquartered in Singapore and Senior Vice President and Regional Head of Insurance in Asia Ben Carey will lead ... Read the full article
Everest Insurance expands into Latin America, opens in Chile
30th May 2022
Everest Insurance has entered the Latin American market after receiving approval from the Commission for the Financial Market (CMF) to operate in Chile under the name Everest Compañía de Seguros Generales (General Insurance Company), Chile S.A. Senior Vice President and Regional President of Latin America, Everest Insurance, Pablo Korze will lead ... Read the full article
Everest Insurance appoints new heads for France, Germany, and Spain
20th May 2022
Everest Insurance has appointed Anne Charon, Bernd Wiemann, and José Ramón Morales to head the firm’s operations in France, Germany, and Spain. The announcement, made on LinkedIn, said that the three appointments were subject to regulatory approval and are part of the firm’s plans to expand its market in Europe. Vincent Vandendael, ... Read the full article
Everest Insurance hires Maria Grace as new head of international property
13th May 2022
Everest Insurance has announced that Maria Grace is to return to the company as its new head of international property. According to her LinkedIn profile, Grace was with the company originally between October 2016 and May 2021, when she was chief underwriting officer for property and inland marine. She left ... Read the full article
Everest deepens middle market expertise with new property insurance product
14th April 2022
Everest Insurance, part of Bermuda-based Everest Re Group, has announced the launch of a new commercial property insurance product – Middle Market Property. This new product offering from Everest is designed to serve the unique and unmet needs of middle market customers. The launch of Middle Market Property will position Everest to ... Read the full article