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Everest Re

Everest Insurance appoints Kurt Hines to senior underwriting role

2nd October 2019

Everest Insurance, a division of global reinsurer Everest Re Group, has announced the appointment of Kurt Hines as Vice President of Underwriting within the firm’s Specialty Insurance Group. Hines, who will be responsible for overseeing all underwriting activities for the business, joins from Aslan Risk Advisors in Philadelphia where he served ... Read the full article

Everest Insurance bolsters Excess Casualty team

15th August 2019

Everest Insurance has bolstered its Excess Casualty team with the appointments of Rey Haliti as a Director and Auberson Eustache as a Manager. Haliti spent over 5 years at Chubb as an Assistant Vice President, Excess Casualty. He previously worked at AIG as a Senior Underwriter and began his career as a ... Read the full article

Everest Re names Chubb’s Andrade as CEO elect, replacing Adesso

1st August 2019

Bermudian reinsurer Everest Re has announced that Juan C. Andrade has been appointed as Chief Operating Officer (COO), before taking over as President and Chief Executive Officer of the company from January 1, 2020. He will succeed outgoing CEO Dominic J. Addesso, whose retirement was announced back in January 2019. Andrade ... Read the full article

Solid underwriting & investment return drives improved result for Everest Re

30th July 2019

Bermudian reinsurer Everest Re Group has reported a significant increase in net income to $342.9 million for the second-quarter of 2019, driven by a solid underwriting and investment performance. For the second-quarter of 2019, Everest Re's net income increased by a huge 391% from the $69.9 million recorded in the second-quarter ... Read the full article

Joshila Tailor joins Everest Insurance from Charles Taylor

15th July 2019

Everest Insurance, a division of Bermuda-based reinsurer Everest Re Group, Ltd., has hired Joshila Tailor as the Global Head of Fine Art and Specie for Everest Insurance International, which includes Everest Insurance Ireland, dac. and Lloyd's Syndicate 2786. Tailor brings more than two decades of industry experience to the role, all ... Read the full article

Everest Re adds Meryl Hartzband to Board of Directors

24th May 2019

Global reinsurer Everest Re Group has appointed Meryl Hartzband to its Board of Directors. A founding partner of Stone Point Capital, Hartzband served as the firm's Chief Investment Officer from 1999 to 2015. Prior to joining Stone Point, she was a Managing Director at J.P. Morgan & Co., specialising in private equity ... Read the full article

Everest Re CEO Addesso encouraged by rational response to market issues

14th May 2019

The President and Chief Executive Officer (CEO) of Bermuda-based reinsurer Everest Re, Dominic Addesso, is encouraged by how the reinsurance industry is responding to recent loss activity and trends. On the back of consecutive years of increased re/insured catastrophe losses, intense competition and significant pressure on rates, first-quarter 2019 commentary from ... Read the full article

Everest Re’s combined ratio strengthens to 88.7% in Q1 2019

7th May 2019

Bermuda-based reinsurer Everest Re Group, Ltd. saw its net income increase from $210.3 million to $348.9 million in the first-quarter of 2019, with growth occurring in both insurance and reinsurance. Overall, gross written premiums jumped 10% in Q1 2019 when compared with the prior year quarter, totalling $2.1 billion. Globally, reinsurance ... Read the full article

Sharone Menczel Poopor joins Everest Insurance as VP, Structured Solutions

12th April 2019

Everest Insurance, a division of Bermuda-based reinsurer Everest Re, has appointed Ironshore's Sharone Menczel Poopor as a Vice President (VP) within its Structured Solutions group. Based in the firm's Liberty Corner, NJ office, she will be responsible for underwriting unusual and complex risks, offering clients a range of bespoke underwriting solutions. She ... Read the full article

Everest Insurance appoints Taute to Distribution leadership role

10th April 2019

Everest Insurance, the specialty insurance arm of Bermuda-based reinsurer Everest Re Group, Ltd., has appointed Rick Taute as Vice President (VP), Marketing & Distribution and National Wholesale Distribution Leader for insurance. In his new role, Taute will be based in the insurance division's Boston, Massachusetts office. Most recently, Taute served as Executive ... Read the full article

Everest Insurance launches enhanced multinational product offering

8th April 2019

Everest Insurance, the specialty insurance arm of Everest Re Group, has launched an enhanced version of its Everest Alpine Insurance offering. Everest Alpine Insurance can provide internationally exposed clients with General Liability, Contingent Auto Liability, Business Travel Accident, Foreign Voluntary Workers’ Compensation, Kidnap/Ransom/Extortion, and Commercial Property. Enhancements to the offering include expanded ... Read the full article

Everest Insurance promotes Dane Lopes to Chief Commercial Officer

3rd April 2019

Everest Insurance, the specialty insurance arm of Bermudian reinsurer Everest Re Group, Ltd., has revealed that Dane Lopes has been appointed to the expanded position of Chief Commercial Officer. Lopes joined Everest Insurance in 2015 and has since served as Head of Sales and Distribution. During this time, his responsibilities have ... Read the full article

The recipe is there for a positive renewal: Addesso, Everest Re

19th February 2019

In many instances, pricing for catastrophe reinsurance business has not firmed as much as needed, but certain factors suggest a stronger market moving forward, according to Dominic Addesso, President and Chief Executive Officer (CEO) of Bermudian reinsurer, Everest Re. Everest Re fell to a net loss of more than $380 ... Read the full article

High cat losses drive Q4 net loss for Everest Re

12th February 2019

Bermuda-based reinsurer Everest Re Group, Ltd., fell to a net loss of $382.3 million in the fourth-quarter of 2018 as catastrophe losses spiked to $875 million, driven mostly by hurricane Michael, the California wildfires, and a hailstorm event in Australia. The Q4 net loss compares to net income of $571 million ... Read the full article

Everest Re estimates Q4 losses at $695m

25th January 2019

Bermuda-headquartered reinsurer Everest Re Group has announced Q4 catastrophe losses of $695 million, a figure net of reinsurance, reinstatement premiums and taxes. The group states that these Q4 losses can primarily be attributed to hurricane Michael, the Camp and Woolsey California wildfires, and hailstorms which hit Australia in December. Michael made landfall ... Read the full article

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