Everest Re Appoint Doucette, Zaffino & Kerner

April 1, 2016

Everest Re Group, Ltd. announced that it has named John P. Doucette as President and CEO of the Reinsurance Division, effective April 1, 2016.

Mr. Doucette has been a key member of the executive management team since he joined Everest in 2008. In his new role as President and CEO of the Reinsurance Division, he will have oversight of all reinsurance underwriting and claims operations worldwide.

Mr. Dominic J. Addesso, President and Chief Executive Officer of Everest Re Group, Ltd. said “John is an incredibly talented and intelligent executive. Our underwriting operations have benefited greatly from his guidance and management, and he is extremely capable of leading one of the best and largest reinsurance operations in the world.”

Everest Re also named Jonathan M. Zaffino as President of the North America Insurance Division, effective April 1, 2016.

Mr. Zaffino joined Everest in 2015 as President of Everest National / U.S. Insurance Operations. In this expanded role, he will assume oversight of our Canadian Insurance Operation which has been realigned with the U.S. into a North American region, ensuring a continued alliance with our businesses that share many client, product and distribution relationships. Mr. Zaffino will also assume oversight of our Accident & Health and Insurance Claims operations.

Mr. Dominic J. Addesso, President and Chief Executive Officer of Everest Re Group, Ltd. said “Jon continues to be instrumental to the success of our organization. I am confident in his ability to lead our North America Insurance Division and look forward to working with him in his expanded role.”

Everest Re Group, Ltd. also announced that Michael G. Kerner will be joining the Company as Executive Vice President and Head of Strategy and Risk Management. Mr. Kerner assumes his new role on April 1, 2016.

Mr. Kerner joins Everest from Zurich Insurance Group, where he most recently held the position of Chief Executive Officer – General Insurance. Mr. Kerner spent 24 years with Zurich, having served in various actuarial, reinsurance, underwriting and strategy roles, including CEO – Global Corporate in North America, Global Head of Group Reinsurance, General Insurance Chief Underwriting Officer and Group Head of Strategy. Mr. Kerner has 30 years of experience in the insurance/reinsurance industry, and holds a Bachelor of Science degree in Mathematics and Economics from Binghamton University. He is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.

Mr. Dominic J. Addesso, President and Chief Executive Officer, commented “We are very pleased to have an executive of Mike’s caliber join the Everest team. With his experience and knowledge of the industry, Mike will be instrumental in the continued success and strategy of our organization. He is a strong addition to our executive management group and I look forward to working with him.”

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