Hashtag: #EverestRe
Everest Preliminary 2022 Catastrophe Losses
Everest Re Group, Ltd. announced preliminary third quarter 2022 catastrophe losses in advance of its full quarterly earnings to be released on October 26, 2022. A spokesperson said, “Everest is estimating total pre-tax net catastrophe losses of $730 million for the third quarter 2022 as detailed in the table below. All amounts are net of estimated... Read more of this article
Shawn Austin Joins Everest As Senior VP
Everest Re Group, Ltd. announced Shawn Austin will join as Senior Vice President, Head of Accident and Health for North America, effective October 24, 2022. A spokesperson said, “He will be based in New York and report directly to Jim Williamson, Everest Group COO and Head of Reinsurance. “Bringing 25 years of experience to this role, Shawn... Read more of this article
Everest Re Group Announces $1.65 Dividend
Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before September 9, 2022 to all shareholders of record as of August 24, 2022. Related Stories Addesso: “Exceptional Quarter” For Everest Everest Group Limited Declares Dividend Everest Group Announces $1.75 Dividend Everest... Read more of this article
AM Best Affirms Credit Ratings Of Everest Re
AM Best has affirmed the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Ratings of “aa-” [Superior] of the operating subsidiaries of Bermuda-based Everest Re Group. Concurrently, AM Best has affirmed the Long-Term ICRs of “a-” [Excellent] of Everest Re Group, Ltd. and Everest Reinsurance Holdings, Inc. [Delaware].... Read more of this article
Matthew Rohrmann Joins Everest Re Group
Everest Re Group announced that Matthew Rohrmann has joined the Company as Senior Vice President, Head of Investor Relations reporting directly to Everest Executive Vice President & CFO Mark Kociancic. A spokesperson said, “He succeeds Jon Levenson. Matt will be focused on deepening Everest’s engagement with the financial community, strategic... Read more of this article
Everest Re Increases Quarterly Dividend To $1.65
Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.55 to $1.65 per common share. This dividend will be payable on or before June 17, 2022 to all shareholders of record as of May 25, 2022. Related Stories Addesso: “Exceptional Quarter” For Everest Everest... Read more of this article
Everest Mourns The Passing Of Don Mango
The Everest Re Group said they mourn the passing of their Chief Risk Officer & Chief Actuary Don Mango. A spokesperson said, “Don was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management. Ari Moskowitz, Everest Reinsurance Chief Operations Officer and Chief Pricing Actuary has... Read more of this article
Everest Re Group Announces Dividend
Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.55 per share payable on or before March 30, 2022 to all shareholders of record as of March 16, 2022. Related Stories Addesso: “Exceptional Quarter” For Everest Everest Group Limited Declares Dividend Everest Group Announces $1.75 Dividend Everest Increases... Read more of this article
Everest Group Signs UN Sustainable Principles
Everest Re Group 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 Finance Initiative.” A spokesperson said, “The company is one of 12... Read more of this article
Everest Extends Agreement With Juan Andrade
Everest Re Group 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 has made exceptional progress positioning the company for long-term profitable growth,” said Joseph V. Taranto, Everest... Read more of this article
Everest Re Reports Third Quarter 2021 Results
Everest Re Group, Ltd. reported its 2021 third quarter results. Third Quarter 2021 Highlights Gross written premium [“GWP”] growth of 25% year over year to $3.5 billion Insurance segment GWP growth of 43% year over year to $1.0 billion. The second consecutive quarter above $1.0 billion GWP Reinsurance segment GWP growth of 19% year over year... Read more of this article
Everest Re Group Ltd Appoints Jill Beggs
Everest Re Group, Ltd has announced that Jill Beggs has been appointed as Senior Vice President and Head of North America Reinsurance effective November 15, 2021. A spokesperson said, “Everest Re Group, Ltd. [Everest] announced that reinsurance industry leader Jill Beggs will join the company as Senior Vice President and Head of North America... Read more of this article
Everest Estimate 2021 Q3 Catastrophe Losses
Everest Re Group Ltd. announced preliminary third quarter 2021 catastrophe losses in advance of its full quarterly earnings to be released on October 27, 2021. A spokesperson said, “Everest is estimating total pre-tax net catastrophe losses of $635 million for the third quarter 2021 as detailed in the table below. All amounts are net of recoveries... Read more of this article
Everest Appoint Modin As President Of Mt Logan
Everest Re Group, Ltd. announced that John Modin has been appointed as President of Mt. Logan Re, Ltd. [Mt. Logan], effective September 30, 2021. A spokesperson said, “Mr. Modin joins Mt. Logan from Citigroup where he was a Managing Director in the financial services group and Head of Insurance Solutions. He has over 30 years of experience in... Read more of this article
Everest Re Group Announces $1.55 Dividend
Everest Re Group, Ltd. [Everest] announced that its Board of Directors declared a dividend of $1.55 per share payable on or before September 15, 2021 to all shareholders of record as of August 25, 2021. Related Stories Addesso: “Exceptional Quarter” For Everest Everest Group Limited Declares Dividend Everest Group Announces $1.75 Dividend Everest... Read more of this article
Everest Re Group Announces $1.55 Dividend
Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.55 per share payable on or before June 9, 2021 to all shareholders of record as of May 26, 2021. Everest Re Group, Ltd. is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe,... Read more of this article
