HAMILTON, Bermuda--(BUSINESS WIRE)--Mar. 30, 2016--
Everest Re Group, Ltd. (NYSE:RE) announced today that Michael G. Kerner
will be joining the Company as Executive Vice President and Head of
Strategy and Risk Management. Mr. Kerner assumes his new role on April
1, 2016.
Mr. Kerner joins Everest from Zurich Insurance Group, where he most
recently held the position of Chief Executive Officer – General
Insurance. Mr. Kerner spent 24 years with Zurich, having served in
various actuarial, reinsurance, underwriting and strategy roles,
including CEO – Global Corporate in North America, Global Head of Group
Reinsurance, General Insurance Chief Underwriting Officer and Group Head
of Strategy. Mr. Kerner has 30 years of experience in the
insurance/reinsurance industry, and holds a Bachelor of Science degree
in Mathematics and Economics from Binghamton University. He is a Fellow
of the Casualty Actuarial Society and a Member of the American Academy
of Actuaries.
Mr. Dominic J. Addesso, President and Chief Executive Officer, commented
“We are very pleased to have an executive of Mike’s caliber join the
Everest team. With his experience and knowledge of the industry, Mike
will be instrumental in the continued success and strategy of our
organization. He is a strong addition to our executive management group
and I look forward to working with him.”
Everest Re Group, Ltd. is a Bermuda holding company that operates
through the following subsidiaries: Everest Reinsurance Company provides
reinsurance to property and casualty insurers in both the U.S. and
international markets. Everest Reinsurance (Bermuda), Ltd., including
through its branch in the United Kingdom, provides reinsurance and
insurance to worldwide property and casualty markets and reinsurance to
life insurers. Everest Reinsurance Company (Ireland), Limited provides
reinsurance to non-life insurers in Europe. Mt. Logan Re, a segregated
cell company, capitalized by the Company and third party investors, is a
specialty reinsurer of catastrophe risks. Everest National Insurance
Company and Everest Security Insurance Company provide property and
casualty insurance to policyholders in the U.S. Everest Indemnity
Insurance Company offers excess and surplus lines insurance in the U.S.
Everest Insurance Company of Canada provides property and casualty
insurance to policyholders in Canada. The Company also operates within
the Lloyd's insurance market through Syndicate 2786. Additional
information on Everest Re Group companies can be found at the Group’s
web site at www.everestregroup.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160330005750/en/
Source: Everest Re Group, Ltd.
Everest Global Services, Inc.
Elizabeth B. Farrell, 908.604.3169
Vice
President, Investor Relations