Everest Re Group News

Everest Re Group Names Schaetti as Head of Casualty U/W, Zurich Branch

Everest Re Group, Ltd. announced that Robert Schaetti will join the Zurich branch of Everest Re Group as head of Casualty Underwriting. Schaetti joins Everest Re from Partner Re where he most recently served as head of liability and medical …

Everest Re Group Reports Q2 Net Income of $155.7M vs. $209.1M in Q2 2015

Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common share, for the same period in 2015. After-tax …

Everest Re Names Berry as Head of International Property Facultative Unit

Everest Re Group Ltd. has appointed Sean Berry as vice president and head of the Reinsurance Division’s International Property Facultative unit. Based in Everest Re’s Miami office, Berry will be responsible for worldwide property facultative underwriting, excluding business written out of …

Everest Re Appoints Knipper to Head Its Continental Europe Operations

Bermuda-based Everest Re Group Ltd. announced that Stephan Knipper joins the company as managing director Continental Europe (subject to regulatory approval), based in Zurich. Knipper joins Everest with more than 25 years of industry experience, most recently as CEO and …

Bermuda-Based Mt. Logan Re Appoints Burke as Chief Financial Officer

Bermuda-based Mt. Logan Re Ltd. announced the appointment of Martin Burke as its chief financial officer, effective Feb. 22, 2016. Burke has 15 years of experience in senior finance roles in the reinsurance industry and was most recently with Sirius …

Everest Appoints Downey as Deputy Chief Underwriting Officer

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. …

Everest’s Crop Insurance Unit Partners with Global Ag Risk Solutions

Everest Re Group, Ltd. has formed a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS). The new partnership will deliver GARS Production Cost Insurance to farms across the U.S. through …

Everest Re Reports Q4 Operating Income of $353.5M, vs $331.5M in Q4 2014

Bermuda-based Everest Re Group Ltd. reported fourth quarter 2015 after-tax operating income available to common shareholders of $353.5 million, or $8.17 per diluted common share, compared to after-tax operating income of $331.5 million, or $7.28 per diluted common share, for the …

Everest Re Announces Senior Leadership Changes at Bermuda, Europe Operations

Bermuda-based Everest Re Group Ltd. announced that Mark de Saram, managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd., has notified the company of his decision to retire effective April 6, 2016. Sanjoy Mukherjee will succeed de Saram …

Everest Re Names Kneafsey as Active Underwriter of its Lloyd’s Syndicate 2786

Everest Re Group Ltd. announced that Paul Kneafsey will be joining the company as the active underwriter of its Lloyd’s Syndicate 2786. Kneafsey is expected to assume his new role effective May 1, 2016. He will join Everest from ArgoGlobal …