Everest Re News

Everest Unveils Refreshed Brand, Reflecting Commitment to ‘Underwrite Opportunity’

Everest Re Group Ltd., the Bermuda-based re/insurer, has unveiled a refreshed brand, including a new logo and visual identity reflecting its positioning and commitment to “underwrite opportunity” for colleagues, customers, shareholders, and communities worldwide. “There has never been a more …

Everest Insurance Launches Branches in France and Germany

Everest Insurance, the insurance division of Everest Re Group Ltd., announced its further expansion into the European market with the opening of two new branches in Paris, France and Düsseldorf, Germany. Plans for a third European branch opening in Madrid, …

Rising Premiums, Low Catastrophe Losses Boost U.S., Bermuda Reinsurers’ H1 Profits

U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases in most reinsurance and specialty lines of business as well as tighter terms and conditions and low catastrophe losses, according …

Everest Re Announces Death of Chief Risk Officer Mango

Everest Re Group Ltd. announced the passing of Don Mango, the company’s chief risk officer and chief actuary. Ari Moskowitz, Everest Reinsurance chief operations officer and chief pricing actuary, has been appointed the group’s chief risk officer to lead the …

Everest Re Group Signs UN Principles for Sustainable Insurance

Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a global framework for a sustainable insurance industry developed through partnership between risk management leaders and the United Nations Environment Programme …

People Moves: Everest Re Promotes Klinger to Lead Int’l Reinsurance; HDI Global Hires Chubb’s Carberry as Head of U/W, Ireland; HSBC’s Rutherford to Aon’s UK FI Team

This edition of International People Moves details appointments at Everest Re, HDI Global and Aon. A summary of these new hires follows here. Everest Re Promotes Klinger to Head of Int’l Reinsurance Everest Re Group Ltd., the Bermuda-based provider of …

Everest Re Extends President and CEO Andrade’s Employment Agreement

Everest Re Group Ltd., the Bermuda-based re/insurer, announced the extension of President and CEO Juan C. Andrade’s employment agreement through the end of 2023 with automatic annual extensions following this term. “In the past 24 months as Everest’s CEO, Juan …

Everest Re, AXIS Capital Estimate Costs of Q3 Natural Catastrophe Losses

Everest Re Group Ltd. and AXIS Capital announced their preliminary third quarter 2021 catastrophe losses. In advance of its full quarterly earnings to be released on Oct. 27, 2021, Everest is estimating total Q3 pre-tax net catastrophe losses of $635 …

Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds

A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting these negative headwinds, creating a stable outlook for the sector into 2022, according to Carlos Wong-Fupuy, senior director, AM Best. …

People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re

This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan Re. A summary of these new hires follows. AXA XL’s Coletti Joins Swiss Re as Head of New Central Cyber …