The Bermuda-based Everest Re Group, Ltd. announced that its subsidiary, Everest Reinsurance Company, has applied to the Brazilian regulatory authorities for approval as an occasional reinsurer.
Everest said: “The initial approval is the prelude to Everest’s planned entry as an admitted reinsurer, as it commences establishing a representative office in Brazil.
“With over thirty years experience in the Brazilian reinsurance market, Everest is very well known with an established reputation for underwriting and service excellence. As a market leader, Everest looks forward to satisfying the growing needs of its clients through a diverse array of treaty and facultative reinsurance products in all lines of property and casualty, including property, engineering, general and professional liability, surety, personal accident, health, marine and aviation.”
Source: Everest Re – www.everestre.com
Topics Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
Preparing for an AI Native Future 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan 
US Supreme Court Rejects Trump’s Global Tariffs 
