Everest
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The appointment follows a series of moves across the Miami treaty sector over the past 12-18 months. -
Carlos Becerra will succeed Delgado as Miami-based LatAm fac head.
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New CEO Williamson will likely continue walking the hybrid path, with an emphasis on fixing US casualty.
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The carrier tapped the run-off market in Q4 for a US casualty insurance-focused portfolio.
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He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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The executive had joined the firm from Chubb in May.
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Everest Group’s regulatory filing did not give a reason for the resignation.
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A signal around Q4 adverse development has brought the carrier into the spotlight.
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Both executives will be reporting to EVP Bill Hazelton.
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She steps in to replace Phil Taylor, who left the company in September.
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Arch stands out among hybrids, but Axis and Everest grind it out.
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