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.
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown 
Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US 
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO 
As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits 
