Reinsurance News
Everest Re
Everest promotes Jill Beggs to COO of Reinsurance
22nd February 2024
Bermuda-based insurer and reinsurer, Everest Group, Ltd., has named Jill Beggs as the new Chief Operating Officer (COO) of its reinsurance arm, with Jiten Voralia taking over as Reinsurance Head of North America Treaty, effective immediately. Beggs spent the first decade of her underwriting career at Everest, and joined Munich Re ... Read the full article
Everest hails ‘excellent’ Jan 1 renewals, expects ‘terrific’ market conditions to persist
9th February 2024
As market conditions remain strong, and with no meaningful new capacity entering the market, Everest Group expects conditions for upcoming renewals to remain excellent, according to Juan Andrade, President and Chief Executive Officer of the Bermuda-based re/insurer. At the 1.1 2024 renewals, Everest achieved “outstanding results”, Andrade highlighted during the firm's ... Read the full article
Everest highlights robust pricing momentum as growth continues in 2023
8th February 2024
Bermuda-based insurer and reinsurer Everest Group has reported 2023 combined ratios of 90.9% for the Group, 86.4% for reinsurance and 103% for insurance, as catastrophe losses fell to $451 million, and net investment income rose more than $600 million. For the year 2023, cat losses came down from the $945 million ... Read the full article
Everest Reinsurance promotes Chuck Volker to Chairman of Global Property
19th January 2024
Everest Reinsurance has announced the appointment of Chuck Volker as Chairman of Global Property. According to the firm, Volker will serve as a central point of contact for its property brokers and clients, enhancing its focus on "exceptional global service". Volker is a highly experienced industry executive, having worked at Everest Reinsurance ... Read the full article
Phil Taylor appointed to lead Everest Re’s Global Specialties business
9th January 2024
The reinsurance division of Everest Group, Everest Reinsurance, has established a dedicated Global Specialties business, bringing the division's expertise and offerings across Aviation, Marine, Cyber, Engineering, and Parametric Solutions under the leadership of Phil Taylor, who has been appointed Head of Global Specialties. In his new role, Taylor will report to Jill ... Read the full article
Everest Reinsurance names Mark Wallace Head of UK Branch and CUO
8th January 2024
Everest Reinsurance has appointed Mark Wallace as Head of the UK Branch and Chief Underwriting Officer, subject to regulatory approval. Everest explained that Wallace will be responsible for managing and directing the strategy and underwriting operations of its UK branch. He was most recently Everest Re's UK’s Deputy Chief Underwriting Officer and ... Read the full article
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