Everest
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The Inside P&C research team looks forward to the big issues of the new year. -
The Mayfield Consumer Products candle factory is one of the two most high profile large individual risk losses from the quad state tornado to date.
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Juan Andrade’s employment agreement has been extended through the end of 2023, with automatic annual extensions following this term.
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Grace, who had originally left Everest in May, will be based in London, after previously working out of Boston.
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The former president for specialty casualty insurance had moved into a senior casualty treaty role in Everest’s reinsurance division last month.
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Reinsurers take stock of a changing catastrophe landscape and plot contradictory courses.
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The underwriter’s exit comes after the reinsurer added Jill Beggs from Munich Re last week and promoted Peter Bell to be its new CEO in Bermuda in July.
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The CEO also detailed the carrier’s efforts to capitalize on surging primary casualty rates through proportional treaty business.
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The reinsurer grew GWP by 25% in the quarter to $3.5bn, while dropping its companywide attritional loss ratio by more than five points.
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Everest Insurance head of specialty casualty will transition to the reinsurance division, reporting to Beggs.
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New-Jersey based Everest has made multiple appointments in its underwriting operations this year.
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The figure was lower as a proportion of shareholders’ equity compared to RenRe’s Q3 loss.
Related
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Bermuda Q2: Diverging paths for the hybrid carriers
August 01, 2025 -
Everest promotes Beggs to CEO of reinsurance
July 24, 2025