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 …
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. …
Ascot has announced the appointment of Jonathan M. Zaffino as group president. He will oversee the organization’s U.S. and Bermuda platforms and will also have executive responsibility for Ethos Specialty, a managing general underwriter in the U.S. market. Zaffino has …
Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds Juan Andrade, who is leaving Chubb to take the role of president and chief executive officer of Everest Re. Everest …
ACE Group said it will keep most of the employees with Fireman’s Fund’s personal lines business once its $365 million acquisition of the division from Allianz goes through. “We value Fireman’s Fund talent and culture,” Juan Andrade, an executive vice …
The ACE Group has named Juan Andrade, division president, Global Personal Lines and Small Commercial Insurance, to the additional post of chief operating officer of the company’s Insurance – Overseas General business, effective immediately. In this new role, Andrade will …
