Everest Re
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The executive will report to Everest Group COO and head of reinsurance Jim Williamson. -
The cover sought is for named storm and earthquake in the US and Canada.
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The trigger is territory-weighted industry loss, with the application of an inflation factor.
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He moves from Axis Capital and will succeed Jon Levenson.
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The incoming COO joins from PGGM, where he is currently a director within the credit and insurance-linked investments team.
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The carrier posted 6% growth in reinsurance, with primary insurance premiums rising 15%.
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Mango was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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The ILS platform of Everest Re is looking to optimize value for the group and investors.
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The exit of key Florida insurers could spur rate increases.
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Gross written premiums grew by nearly 25%, with similar levels of expansion in primary and reinsurance segments.
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The company has also named Rui Marliere as head of its Latin America and Caribbean business.
