Reinsurance News

Everest Insurance

Everest Insurance appoints Scott Leney as Head of Asia Pacific, International Division

28th June 2023

Everest Insurance, the insurance division of Everest Re Group, Ltd., has appointed Scott Leney as Head of Asia Pacific for its International Division, effective November 6. He will be based in Sydney, Australia and will report to Adam Clifford and Jason Keen, co-heads of Everest Insurance International. Adam Clifford, co-head of ... Read the full article

Everest Insurance appoints new CEO of Canada and Head of Commercial and Specialty

20th June 2023

Everest Insurance, the insurance division of Everest Re Group, Ltd., has announced the appointment of Renato Rodrigues to President and CEO of Everest Insurance Company of Canada. He will be based in Toronto, and report to Mike Mulray, President of North America Insurance. Mulray commented on the hire, “Renato is a ... Read the full article

Bruno Laval joins Everest Insurance as CCO

13th June 2023

Everest Insurance, the insurance division of Bermuda-based re/insurer Everest Re Group, has announced the appointment of Bruno Laval as Chief Commercial Officer (CCO) for its International division, effective June 26, 2023. In his new role, based in Madrid, Spain, Laval will be responsible for Everest’s international market and distribution strategy with ... Read the full article

Everest Insurance names new Head of International Corporate Strategy

5th June 2023

Everest Insurance, the insurance division of Everest Re Group, Ltd., has announced that Glen Browne has joined the firm as Head of International Corporate Strategy. Browne holds three decades of international insurance experience, having held executive leadership positions at some of the world’s largest insurance companies. He spent the last ten years ... Read the full article

Everest Insurance names Mark Maritzen as Global Chief Underwriting Officer

2nd June 2023

Everest Insurance, the insurance division of Everest Re Group, has appointed Mark Maritzen as Global Chief Underwriting Officer, effective immediately. Maritzen based in New York will report to Mike Karmilowicz, President and CEO of Everest Insurance. "Mark is a proven leader, with the technical expertise and established track record of developing best-in-class, ... Read the full article

Everest Re raising $1.5bn to target hard market growth opportunity

17th May 2023

Everest Re Group, Ltd, the global insurance and reinsurance player, sees an opportunity to expand its capital base to take advantage of growth opportunities during the current hard market period and is raising almost $1.5 billion of new equity capital to fuel expansion. Everest Re launched a new equity raise yesterday ... Read the full article

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