Reinsurance News
everest re group
Everest names Pamela Sinclair as Chief Human Resources Officer
26th June 2025
Everest Group, Ltd., a provider of property, casualty, and specialty reinsurance and insurance, announced that Pamela Sinclair will join the company as Executive Vice President and Chief Human Resources Officer, effective July 14. She will report to Jim Williamson, Everest’s President and CEO, and will become part of the Executive Leadership ... 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 set to rebrand company name from July
18th May 2023
Global re/insurance player Everest Re Group, Ltd., has announced that following shareholder approval at the Company’s Annual General Meeting held yesterday, it will change its name to Everest Group, Ltd., and will trade under the new ticker symbol, effective on July 10, 2023. “Everest’s new name and stock ticker reflect the ... Read the full article
Bogardus named Chief Executive of Everest Reinsurance in Singapore
27th February 2023
Kevin Bogardus has been promoted to Chief Executive of Everest Reinsurance Company, Singapore branch, succeeding Nitin Talwalkar, who is departing the company. In his expanded role, Bogardus will oversee operations for the reinsurance division of global underwriter Everest Re Group, across all of Asia Pacific from the regional Singapore office. He will ... 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
Hazel McNeilage appointed to Everest Re Board of Directors
16th November 2022
Bermuda-based re/insurer Everest Re Group, Ltd., has announced the appointment of Hazel McNeilage as an independent, non-executive member of its Board of Directors, effective immediately. McNeilage has 40 years of global financial services experience with specialisation in investment management, distribution, business and technology transformation, international regulation and governance. Andrade, Everest President and ... Read the full article
David Mann to lead Everest Reinsurance UK Casualty team
9th November 2022
Everest Reinsurance, the reinsurance division of Everest Re Group, has announced the appointment of David Mann as Vice President, Head of Casualty for Everest Reinsurance (Bermuda) for the UK Branch. In his new role, Mann will lead the growth of the London Casualty Treaty portfolio and Professional Lines, supporting the company’s ... Read the full article
Everest refreshed brand reflects commitment to “underwrite opportunity”
4th November 2022
Bermuda-based re/insurer Everest Re Group, Ltd. has unveiled a refreshed brand, with a modernised logo and visual identity it says reflects its positioning and commitment to underwrite opportunity for colleagues, customers, shareholders, and communities worldwide. According to the announcement, this move is another step forward in Everest’s ambitions and execution of ... Read the full article
Everest Re hires Shawn Austin as Head of A&H for North America
17th October 2022
Everest Re Group Ltd. has appointed Shawn Austin as Senior Vice President, Head of Accident and Health for North America, effective October 24, 2022. Within this role, Austin will be based in New York where he will report directly to Everest Group COO and Head of Reinsurance - Jim Williamson. Austin will ... 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 Re signs UN Principles for Sustainable Insurance
26th January 2022
Bermuda-based Everest Re Group has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a global framework for a sustainable insurance industry developed through partnership between risk management leaders and the United Nations Environment Programme Finance Initiative. The company is one of 12 Bermuda or North American-based insurance ... Read the full article
Everest’s Q3 net income falls by $169.6mn
28th October 2021
Everest Re group has reported a third quarter net loss of $73.5 million, having previously achieved an income of $243.1 million in the prior year quarter. The group also reported a net operating loss of $52.6 million, compared to a $97.0 million income achieved in the same period last year. An underwriting ... Read the full article
Everest Re net income falls to $64mn in Q4
9th February 2021
Everest Re Group has seen its fourth quarter net income fall to $64 million, a drop from the $217 million announced in the prior year quarter. This drop is largely due to a prior year reserve strengthening hit of $400 million as well as catastrophe losses of $70 million. COVID-19 losses were ... 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
COVID-19 sees Everest Re’s Q1 profits plunge $338mn
7th May 2020
Global re/insurer Everest Re Group has reported a net income for the first quarter of $16.6 million, down from $354.6 million in the prior year quarter. After-tax operating income for the quarter was $164.4 million, compared to $282.4 million in 2019. Much like with other players in the re/insurance space, COVID-19 related ... Read the full article
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