Everest Re Group News

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 …

Everest Re Adds Inland Marine Unit to U.S. Specialty Platform

Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and comprehensive strategy in the implementation of its …

Everest Re Reports Q3 Net Income of $88.6M, Compared to $274.9M in Q3 2014

Everest Re Group Ltd. reported third quarter 2015 after-tax operating income available to common shareholders of $200.2 million, or $4.53 per diluted common share, compared to after-tax operating income of $280.5 million, or $6.12 per diluted common share, for the third quarter …

Asta Managing Agency Launches Everest Syndicate 2786

Asta Managing Agency Ltd. and Everest Re Group Ltd. announced the Lloyd’s Franchise Board has granted “in principle” approval to establish and manage a new dedicated corporate syndicate backed by Everest Re, with initial gross premium of £102 million ($151 …

Mt. Logan Re Ltd. Appoints Caponigro as Head of Business Development

Bermuda-based Mt. Logan Re Ltd.* has appointed Chris Caponigro as head of business development. Caponigro brings a diverse background with over 20 years of experience, which includes property, specialty, and structured underwriting, in addition to various financial and analytical roles. …

Mulray Joining Everest National as Chief Underwriting Officer for U.S.

Everest Re Group Ltd. said that Michael Mulray will be joining the company as chief underwriting officer for the U.S. insurance operations of its Everest National Insurance Co. Mulray joins Everest from General Electric Co., where he spent the last …

Everest Re Reports Q1 Net Income of $323M, Up From $293.9M in 2014

Bermuda-based Everest Re Group, Ltd. reported net income of $323.0 million, or $7.19 per diluted common share, for the first quarter of 2015, compared to net income of $293.9 million, or $6.21 per diluted common share, for the first quarter …

Mt. Logan Re Appoints Tobin as Chief Financial Officer

Mt. Logan Re Ltd., Everest Re Group’s special purpose reinsurer, has appointed Krystalle Tobin as its chief financial officer. Tobin was most recently with Hiscox Insurance Company (Bermuda) Ltd. where she was chief financial officer since June 2010. Prior to joining …