Bermuda-based Everest Re Group Ltd. announced that Christopher Downey has been named deputy chief underwriting officer.
Downey joins Everest from Montpelier Reinsurance Ltd. where he served as senior vice president and head of their Global Casualty & Specialty Treaty unit. He also served as a member of the executive committee and the underwriting leadership team.
Prior to joining Montpelier in 2012, Downey had been senior vice president with Alterra Bermuda Ltd., formerly known as Max Bermuda Ltd., where he spent 12 years and was responsible for managing several of its underwriting and actuarial units covering a broad spectrum of risks. He began his insurance career as an actuary with Tillinghast-Towers Perrin and graduated from Cornell University with a Bachelor of Science degree in Operations Research and Industrial Engineering.
John P. Doucette, executive vice president and chief underwriting officer, commented, “We are very excited to have Chris join the Everest team. He brings a wealth of experience across many facets of the business that will be invaluable as we continue to expand the Everest platform in many different areas.”
Source: Everest Re Group Ltd.