Reinsurance News

Everest Insurance

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

Everest Insurance promotes Cipolla to lead E&S Primary Casualty

7th April 2021

Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, has appointed Michael Cipolla as Head of the Excess & Surplus (E&S) Primary Casualty unit. Cipolla will be responsible for developing the product portfolio and leading the continued growth of primary casualty business in the wholesale space. He will continue to be ... Read the full article

Everest names Connie Germano President of Specialty Casualty

15th December 2020

Everest Insurance has announced the appointment of Connie Germano as President of Specialty Casualty. Based in the company’s New York City office, she will report to Mike Karmilowicz, President and Chief Executive Officer of Everest Insurance. Germano joined Everest Insurance five years ago, and currently leads the Specialty Casualty group, which includes ... Read the full article

Robert Clark named Head of Everest Specialty Underwriters

9th December 2020

Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, has announced the appointment of Robert Clark as Senior Vice President, Head of Everest Specialty Underwriters (ESU). As Head of ESU, Clark will be responsible for leading the growth and management of the ESU business segments. These include Financial and Professional Lines, ... Read the full article

Everest Insurance promotes Wu to VP, E&S Excess Casualty National Leader

11th November 2020

Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, Ltd., has promoted Edward Wu to the position of Vice President (VP), E&S Excess Casualty National Leader. Wu joined Everest earlier in 2020 as VP, West Coastal Regional Manager for E&S Excess Casualty, where he was responsible for the development and ... Read the full article

Everest Insurance bolsters underwriting leadership with three exec hires

23rd September 2020

Everest Insurance, a division of Bermuda-based insurer and reinsurer Everest Re Group, has announced three new executive appointments within its underwriting leadership team. Mike Harnett has been named Chief Underwriting Officer in North America. He joined Everest in 2017 as deputy CUO after 13 years with ACE. Harnett will report to Everest Insurance COO ... Read the full article