Everest Re

Gallagher Re Joins ABIR and EY as 2023 Bermuda Risk Summit Headline Sponsors

Retrieved on: 
Friday, February 3, 2023

The Bermuda Business Development Agency (BDA) is pleased to announce that Gallagher Re has joined the Association of Bermuda Insurers and Reinsurers (ABIR) and EY as headline sponsors of the second annual Bermuda Risk Summit.

Key Points: 
  • The Bermuda Business Development Agency (BDA) is pleased to announce that Gallagher Re has joined the Association of Bermuda Insurers and Reinsurers (ABIR) and EY as headline sponsors of the second annual Bermuda Risk Summit.
  • Adam Schwebach, Executive Vice President, Gallagher Re, said, “Gallagher Re is proud to support the second Bermuda Risk Summit, an annual event that showcases the breadth and versatility of Bermuda’s globally significant risk market.
  • The theme of the 2023 Bermuda Risk Summit, being held from March 6-8, 2023, at the Hamilton Princess & Beach Club is ‘Innovation, Sustainability and Collaboration.
  • Please use the booking code: ‘Bermuda Risk’ to take advantage of the preferred rate.

Bermuda Risk Summit 2023 Kick-off Will Feature Premier’s Keynote and Global CEO Panel

Retrieved on: 
Tuesday, January 17, 2023

The second annual Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will begin on March 6 with a keynote conversation with Bermuda’s Premier, The Hon.

Key Points: 
  • The second annual Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will begin on March 6 with a keynote conversation with Bermuda’s Premier, The Hon.
  • David Burt, JP, MP, followed by a group CEO panel.
  • This figure does not include the additional visitors who flew to Bermuda for business meetings around the event.
  • The overall theme of the 2023 Bermuda Risk Summit, being held from March 6-8, is ‘Innovation, Sustainability and Collaboration.

Reinsurance Providers Global Market Opportunities and Strategies Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, August 5, 2022

The "Reinsurance Providers Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Reinsurance Providers Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.
  • The reinsurance providers market is segmented by type into property and casualty reinsurance providers and life and health reinsurance providers.
  • The property and casualty reinsurance providers market was the largest segment of the reinsurance providers market segmented by type, accounting for 70.2% of the total in 2021.
  • The top opportunities in the reinsurance providers market segmented by type will arise in the general property and casualty reinsurance providers and life and health reinsurance providers, which will gain $756.56 million of global annual sales by 2026.

Coaction Appoints New Chief Actuarial Officer

Retrieved on: 
Wednesday, June 15, 2022

MORRISTOWN, N.J., June 15, 2022 (GLOBE NEWSWIRE) -- Coaction Global, Inc (Coaction) , a privately-owned specialty property and casualty (P&C) insurance company, today announced the appointment of Ellen Edmonds as Chief Actuarial Officer, effective Wednesday, June 15, 2022.

Key Points: 
  • MORRISTOWN, N.J., June 15, 2022 (GLOBE NEWSWIRE) -- Coaction Global, Inc (Coaction) , a privately-owned specialty property and casualty (P&C) insurance company, today announced the appointment of Ellen Edmonds as Chief Actuarial Officer, effective Wednesday, June 15, 2022.
  • Edmonds will report to Coaction Chief Executive Officer Jonathan Ritz.
  • Lee Lloyd, Coactions current chief actuarial officer will return to underwriting, reporting to Chris Dougherty, chief underwriting officer.
  • Coaction Global, Inc. (Coaction), headquartered in Morristown, NJ, is the parent of Coaction Specialty Insurance Group, Inc. (Coaction Specialty), a specialty property and casualty (P&C) insurance holding company, providing a range of P&C solutions to customers across the United States through its insurance company subsidiaries.

Global Reinsurance Markets, 2022-2026: Market is Poised to Grow by $328.62 Billion - Emergence of New Products in the Market - ResearchAndMarkets.com

Retrieved on: 
Friday, May 13, 2022

The reinsurance market is poised to grow by $328.62 bn during 2022-2026, accelerating at a CAGR of 10.1%

Key Points: 
  • The reinsurance market is poised to grow by $328.62 bn during 2022-2026, accelerating at a CAGR of 10.1%
    The market is driven by increasing awareness of insurance products in emerging markets, increasing geriatric population, and the emergence of new products in the market.
  • This study identifies the fluctuating interest rates of reinsurance premium as one of the prime reasons driving the reinsurance market growth during the next few years.
  • The report on the reinsurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

Everest Re Group Announces Investor Day Webcast

Retrieved on: 
Monday, May 24, 2021

Everest Re Group, Ltd. (Everest or the Company) today announced that it will host an investor day webcast on Wednesday, June 23, 2021 starting at 8:00 am Eastern Time, and concluding at approximately 11:30 am Eastern Time.

Key Points: 
  • Everest Re Group, Ltd. (Everest or the Company) today announced that it will host an investor day webcast on Wednesday, June 23, 2021 starting at 8:00 am Eastern Time, and concluding at approximately 11:30 am Eastern Time.
  • The investor day webcast will include detailed presentations from Everest President and Chief Executive officer Juan C. Andrade and other members of the executive team.
  • The investor day webcast will be presented live and all interested parties are invited to join by registering in advance at Everest Re Group, Ltd. .
  • Everest Re Group, Ltd. (Everest) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda, and other territories.

Everest Re Group Announces Dividend

Retrieved on: 
Thursday, May 13, 2021

b'Everest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) 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.\nEverest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.\nEverest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.\nEverest common stock (NYSE:RE) is a component of the S&P 500 index.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005976/en/\n'

Key Points: 
  • b'Everest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) 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.\nEverest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.\nEverest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.\nEverest common stock (NYSE:RE) is a component of the S&P 500 index.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005976/en/\n'

Jim Williamson, Executive Vice President & Group Chief Operating Officer, Assumes Additional Responsibilities as Head of the Everest Reinsurance Division

Retrieved on: 
Monday, May 10, 2021

b'Everest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d) today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately.\nMr.

Key Points: 
  • b'Everest Re Group, Ltd. (\xe2\x80\x9cEverest\xe2\x80\x9d) today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately.\nMr.
  • He is an experienced and talented executive with a wealth of industry knowledge, and a track record of driving results.
  • Under his leadership, Everest has strengthened its position as a resilient and innovative reinsurer.
  • Williamson commented, \xe2\x80\x9cEverest\xe2\x80\x99s Reinsurance business is world class, and I am energized by the opportunity to lead such an accomplished team.

AM Best Affirms Credit Ratings of Everest Re Group, Ltd. and Its Subsidiaries

Retrieved on: 
Friday, May 7, 2021

b'AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of \xe2\x80\x9caa-\xe2\x80\x9d of the operating subsidiaries of Everest Re Group, Ltd. (Bermuda) (collectively referred to as Everest).

Key Points: 
  • b'AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of \xe2\x80\x9caa-\xe2\x80\x9d of the operating subsidiaries of Everest Re Group, Ltd. (Bermuda) (collectively referred to as Everest).
  • Concurrently, AM Best has affirmed the Long-Term ICRs of \xe2\x80\x9ca-\xe2\x80\x9d of Everest Re Group, Ltd. [NYSE: RE] and Everest Reinsurance Holdings, Inc. (Delaware).
  • Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of Everest Reinsurance Holdings, Inc.
  • The outlook of these Credit Ratings (ratings) is stable.

Everest Re Group Appoints Anne Rocco as Group Chief Transformation and Shared Services Leader

Retrieved on: 
Monday, March 29, 2021

Everest Re Group, Ltd. (Everest) today announced the appointment of Anne Rocco as Senior Vice President and Group Chief Transformation and Shared Services Leader.

Key Points: 
  • Everest Re Group, Ltd. (Everest) today announced the appointment of Anne Rocco as Senior Vice President and Group Chief Transformation and Shared Services Leader.
  • She will serve on the Everest Executive Leadership Committee and report directly to President and Chief Executive Officer Juan C. Andrade.
  • Anne joins Everest from Chubb, where she most recently served as Executive Vice President and Head of International Operations and Technology for Chubb Overseas General.
  • Juan C. Andrade, President and Chief Executive Officer commented, Anne is an exceptionally talented executive who brings a wealth of experience, operational acumen, and global industry knowledge to Everest.