Everest Re
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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. -
Everest Insurance head of specialty casualty will transition to the reinsurance division, reporting to Beggs.
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The figure was lower as a proportion of shareholders’ equity compared to RenRe’s Q3 loss.
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Everest Re recently outlined plans to lift gross premium by 10%-15% annually from 2021 to 2023.
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From ESG to social inflation, systemic risk to cat risk, we highlight some of the top discussions from this year’s four-day virtual conference.
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A reinsurance panel at Reconnect also called for reform of risk models
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Modin will succeed David Whiting, who is retiring after a 45-year career in the reinsurance industry.
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The reinsurer grew its casualty pro rata reinsurance book by 64%, adding $218mn in GWP.
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After their appointments, Ari Moskowitz and Peter Bell will report to Jim Williamson, Everest Re group COO and head of reinsurance.
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The reinsurer is planning to accelerate growth in its insurance business.
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The executive’s responsibilities will be taken on by chief operating officer Jim Williamson.
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The insurer remained in underwriting profit despite the winter storm losses.
