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Everest Re

Everest Insurance Canada names Kevin Pinto CUO

10th December 2018

Everest Re Group has announced the appointment of Kevin Pinto to the role of Chief Underwriting Officer at Everest Insurance Company of Canada (EvCan). In his new role, Pinto will be responsible for overseeing the underwriting strategy for the various EvCan underwriting units, implementing and promoting best practices throughout the organisation, ... Read the full article

Everest Re optimistic about 2019 renewals, reports Goldman Sachs

30th November 2018

Global reinsurer Everest Re is optimistic about the pricing outlook for reinsurance renewals over 2019, anticipating rate increases across property catastrophe, specialty and casualty lines, according to analysts at Goldman Sachs. After a series of meetings with Everest Re’s management, including its CEO, CFO and presidents of the Reinsurance and Insurance ... Read the full article

Everest Re appoints Jon Levenson as Head of Investor Relations

29th November 2018

Global reinsurer Everest Re Group has announced the appointment of Jon Levenson as Head of Investor Relations. Levenson joins Everest from Validus Holdings, Ltd., where he has worked for the previous 12 years in positions such as Group Treasurer and Head of Investor Relations. In his new role, he will be responsible ... Read the full article

Everest Re achieves further global growth, as it profits despite Q3 catastrophes

30th October 2018

Reinsurance firm Everest Re has achieved further growth worldwide across both sides of its business in the third-quarter of 2018, as it turned an impressive profit despite the impacts of previously announced catastrophe losses during the period. Everest Re had previously announced third-quarter 2018 catastrophe losses amounting to $240 million ... Read the full article

Everest Re anticipating $240m Q3 catastrophe losses

19th October 2018

Global reinsurer Everest Re Group has announced preliminary Q3 pre-tax catastrophe losses of an approximately $240 million, net of reinsurance. The estimate includes Q3 losses from hurricane Florence, California wildfires, typhoon Jebi, typhoon Trami and Japan floods. “Our thoughts are with those affected by these devastating catastrophe ... Read the full article

Everest Insurance appoints Vice President of Commercial Surety from Aspen

6th August 2018

Everest Insurance, a division of global reinsurer Everest Re Group, has appointed Jessica Mann as Vice President, Commercial Surety Lead. Mann is now responsible for leading Everest’s expansion of Commercial Surety from the company’s Houston office. “Jessica's experience, coupled with her extensive brokerage relationships will position Everest well in this growing ... Read the full article

Everest Re significantly grows reinsurance segment in Q2

31st July 2018

Bermudian reinsurer Everest Re Group, Ltd. has reported its second-quarter 2018 results, which reveals large growth in its reinsurance segment, as well as catastrophe losses related to 2017 storm events of almost $400 million. Everest Re's reinsurance segment expanded in the quarter by quite some margin. When compared with Q2 2017, ... Read the full article

Everest Re expects reserve charges to hit Q2 results

20th July 2018

Bermuda-headquartered reinsurer Everest Re has announced that it expects to report a charge for net reserve adjustments of approximately $250 million for Q2 2018, in relation to prior year catastrophe events. The increase in estimates was mostly driven by reopened claims reported in the second quarter and loss inflation from higher ... Read the full article

Patricia McMahon named SVP, Chief Claims Officer, Everest Insurance

12th July 2018

Global reinsurer Everest Re Group has announced the appointment of Patricia McMahon as Senior Vice President (SVP) and Chief Claims Officer, Everest Insurance. McMahon joined the Bermuda domiciled re/insurer in June last year as Head of Casualty from insurance giant AIG, and brings a unique depth of experience to the new role. She will report ... Read the full article

Chris Donlan to lead Everest Insurance’s Marketing & Distribution, Southeast region

10th July 2018

Everest Insurance, a division of global reinsurer Everest Re Group, has appointed Chris Donlan to lead its Marketing & Distribution efforts for the Southeast region, based in Atlanta, Georgia. Donlan joined the firm in 2016 from insurer AIG, and had most recently been based in the firm's New York City office. He ... Read the full article

Everest Re hires Georgios Toulkeridis from Swiss Re as Head of Aerospace

5th July 2018

Everest Re Group has appointed Georgios Toulkeridis, former Head of Aviation and Space R/I at Swiss Re, as Global Head of Aerospace Reinsurance. Toulkeridis will join Everest’s Zurich office, and will be tasked with leading the development and execution of its underwriting strategy for Aviation and Space. Additionally, he will be responsible ... Read the full article

Transportation & Logistics unit launched within Everest Insurance

26th June 2018

Bermudian reinsurer Everest Re Group has announced the launch of a new Transportation and Logistics business unit within its primary insurance arm, Everest Insurance, led by Jeff Engelbrecht. According to an announcement on its launch, the new segment will offer clients a range of coverage lines, including Workers' Compensation, Employers' Liability, ... Read the full article

Everest Re appoints Eric Koppang as new Vice President, Head of E&S

13th June 2018

Everest Re Group (Everest) has announced the appointed of Eric Koppang as its new Vice President (VP) and Head of Excess and Surplus (E&S) Casualty. While based out of Everest’s Chicago office, Koppang will report to Head of Speciality Casualty, Connie Germano. He will be responsible for developing new products, product enhancements, ... Read the full article

Darin Scanzano named CEO of Everest Insurance, Canada

7th June 2018

Bermudian insurer and reinsurer Everest Re Group, Ltd. has announced that Darin Scanzano has been appointed Chief Executive Officer (CEO) of Everest Insurance Company of Canada, effective later this summer. He will report to David Sandler, Head of the Everest Insurance® Risk Management Group, and will based in the company's Toronto, Canada office. Sandler, commented: ... Read the full article

Everest Re partners with tech firm on updated safety platform ZERO

1st June 2018

Everest Re Group has partnered with technology firm Salus Systems, LLC on an updated version of its safety communication platform ZERO, a real-time sharing platform that allows employees to actively contribute to their company’s safety programme. ZERO 2.0 now includes several enhanced features, such as a comprehensive dashboard, live-chat capabilities, bulletin ... Read the full article

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