31st July 2017
The reinsurance sector continues to strive for greater efficiency, scale, and diversification, increasingly utilising alternative risk transfer mechanism amidst a need for more profitable business, with a "new reinsurance world order" taking shape, according to Everest Re's John Doucette. Everest Re, the global insurer and reinsurer has now released its second-quarter 2017 ... Read the full article
25th July 2017
Global reinsurance firm Everest Re is the first of the majors to report second-quarter 2017 earnings and the statement shows that the expansive underwriter continues to find opportunities for growth, with premiums written up 17%, helping to drive profits higher, with after-tax income rising almost 70% to $227.5 million. President and ... Read the full article
13th July 2017
National General Holdings Corp. has entered into individual two-year quota share reinsurance arrangements with a number of reinsurers, including Hannover Re, Munich Re and Everest Re, covering its auto and homeowners business lines. The first two-year quota share reinsurance agreement concerns National General's auto business, the Auto Quota Share Agreement, and sees the ... Read the full article
23rd June 2017
Everest Re Group, Ltd. has hired Matt Kelly to lead its international casualty facultative reinsurance unit, a role that will see him responsible for worldwide Casualty facultative underwriting, outside of the U.S. and Canada. Kelly will be based in Miami in his new role as Vice President and Head of the ... Read the full article
13th June 2017
Hamilton, Bermuda headquartered and globally operated insurance and reinsurance group Everest Re is set to join the S&P 500, moving up from its current position as an S&P MidCap 400 company. Everest Re will join the S&P 500 GICS (Global Industry Classification Standard) Reinsurance Sub-Industry index. The classification is designed to reflect ... Read the full article
17th May 2017
Insurer and reinsurer Everest Re Group has announced that Keith Lavigne has joined Everest Insurance as leader of Management & Professional Liability, Everest Specialty Underwriters. Lavigne will be based in the firm's New York, U.S. office, from where he will manage a team of U.S. underwriters. He joins Everest Insurance from Chubb Financial ... Read the full article
10th April 2017
Andy Faber has joined Everest Re from AIG as leader of the newly launched Life Sciences practice within the Specialty Casualty Group. Working from Everest's Boston-based office, Faber will develop and head up a dedicated life sciences team to bring tailor-made insurance solutions to the U.S. market. He will be reporting to Connie Germano, Head ... Read the full article
29th March 2017
Everest Re has announced Christopher McKeon, who joins from AIG, as new leader of its Commercial Casualty unit within the Risk Management Group. Working from the Group’s New York based office, McKeon will oversee multi-line primary casualty solutions for upper middle market clients, reporting to David Sandler, Head of the Everest ... Read the full article
3rd February 2017
Reinsurer Everest Re today announced that Megan Watt has joined the group as the new leader of its Insurance Claims Operation. Megan will oversee all aspects of the Insurance Claims Operations, reporting directly to Jonathan Zaffino, President of the North America Insurance Division. Jonathan Zaffino welcomed Megan to Everest; "Throughout her accomplished ... Read the full article
