Reinsurance News

Everest Re

Everest Re promotes Emily Davis to Global Head of Engineering

12th September 2023

Everest Reinsurance, the reinsurance arm of Everest Group, has announced the promotion of Emily Davis to Global Head of Engineering, based in London. In her new role, Davis’ remit will include overseeing the strategic growth of the business line globally. Her responsibilities will ensure consistency in the company’s approach and implementing underwriting ... Read the full article

Favourable reinsurance market conditions could persist into 2025: Everest’s Williamson

7th September 2023

On the back of an impressive year of rate taking and improving terms and conditions (T&Cs), global insurer and reinsurer Everest expects property market conditions to persist well into next year and potentially into 2025, according to Jim Williamson, EVP, Group Chief Operating Officer, and Head of Reinsurance. As the reinsurance ... Read the full article

Everest Reinsurance hires Marco Schiattone as Global Head of Financial Risk

7th September 2023

Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has appointed Marco Schiattone as Global Head of Financial Risk. In the role, he will be based in Zurich. He will also report to Artur Klinger, Head of International Reinsurance. Overall, Schiattone brings more than 20 years of experience in leading global credit and ... Read the full article

Everest Re appoints ex FBI cyber veteran Don Good as Chief Information Security Officer

27th June 2023

Global underwriting leader, Everest Re Group, Ltd. providing property, casualty, and specialty reinsurance and insurance solutions, has appointed FBI cyber veteran Don Good as Chief Information Security Officer, effective immediately. He will report to Srini Maddineni, Everest’s Group Chief Information Officer, and will be based in Warren, NJ. Maddineni commented on ... 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

Mt. Logan Re names Charles Millard as non-executive independent board director

14th June 2023

Mt. Logan Re, Ltd., the third-party capital unit of Everest Re Group, Ltd., has announced the appointment of Charles E.F. Millard as a Non-Executive Independent Board Director, effective immediately. Millard's appointment comes following the retirement of Frank Lopapa, who served as a Non-Executive Independent Board Director for Mt. Logan for the ... Read the full article

AIG’s Trevor Gallagher joins Everest Re as Head of US Facultative

14th June 2023

Everest Reinsurance, the reinsurance division of Everest Re Group, Ltd., has appointed Trevor Gallagher as Head of US Facultative, where he will report to Anthony Izzo, Global Head of Reinsurance Distribution and Facultative. In the role, Gallagher will lead Everest's expanding US Facultative business, that is focused on cultivating best-in-class talent, ... Read the full article

Everest Re hires Ricardo Anzaldua as its Executive VP and Group General Counsel

26th May 2023

Everest Re Group, Ltd., a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has announced that Ricardo Anzaldua has been appointed Executive Vice President and Group General Counsel. This change in role will be effective onward June 12, 2023. Anzaldua will report to the President and CEO ... 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

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

Everest execs foresee rapid growth in 2023, expect strong mid-year renewals

12th May 2023

Juan Andrade, President and CEO of Everest Re, described the company’s Q1 2023 results as excellent. The company had significant top-line growth. It saw an underwriting profit, operating income and net income that are all up meaningfully in the quarter, while generating a 17% operating ROE. The company has seen success ... Read the full article

Everest Re reports ‘strong’ Q1’23 as underwriting improves

2nd May 2023

Bermuda-based insurer and reinsurer, Everest Re Group, has reported a “strong” start to 2023 with net income of $365 million and an improved combined ratio of 91.2%, while premiums across the group spiked by 17.5%. Net income rose from the $298 million posted in Q1 2022, while operating income increased to ... 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 Re names interim General Counsel as Mukherjee departs

14th March 2023

Bermuda-based reinsurer Everest Re Group has announced that Brent Hoffman has been appointed as interim General Counsel, replacing Sanjoy Mukherjee who will be leaving the company in April. Hoffman will take up Mukherjee’s responsibilities while Everest conducts a search for a permanent replacement, and will retain his position as Head of ... 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