Reinsurance News

Everest Insurance

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

Everest promotes Will Dove to Head of Risk & Ceded Reinsurance

10th January 2022

Everest Insurance, part of Bermuda-based Everest Re Group, has appointed Will Dove as Head of Risk & Ceded Reinsurance where he will lead the Division’s global ceded reinsurance strategy, placement and execution. In his position, Dove will be responsible for optimising a global hedging strategy to improve net underwriting profit while ... Read the full article

Everest Insurance names Andrew McBride as Global Head of Claims

21st September 2021

The primary insurance arm of global reinsurer Everest Re Group, Ltd., Everest Insurance, has announced the appointment of Andrew McBride as Senior Vice President, Global Head of Claims. In his new role, McBride will be based in London and will report directly to Mike Karmilowicz, President and Chief Executive Officer (CEO) ... Read the full article

AXIS adds Everest Re’s Caponigro to lead overhauled ILS unit

13th July 2021

AXIS Capital has appointed Chris Caponigro to lead its newly-rebranded Insurance Linked Securities (ILS) unit as Global Head. Caponigro will oversee the company’s third party capital related activities currently under management across its reinsurance and Insurance segments. He will report to AXIS Re Chief Executive Steve Arora and will be based out ... Read the full article

Everest Insurance makes four leadership changes

22nd April 2021

Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, has announced four leadership changes to its Financial and Professional Liability business segment. John Humphreys has been named Head of Financial Institutions and will be responsible for leading and growing the financial and professional liability portfolio for all types of financial ... Read the full article