Everest
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The UN’s Principles for Sustainable Insurance is helping to ensure ESG practices are embedded across all aspects of the insurance industry.
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The company has also named Rui Marliere as head of its Latin America and Caribbean business. -
The appointment follows the departure of Mike Hoffmann after a just over a year.
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The Inside P&C research team looks forward to the big issues of the new year.
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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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