Juan C. Andrade News

How Reinsurers Can Win in the Game of Volatility

Executive summary: Reinsurance underwriting is all about finding equilibrium between reinsurers’ reason for being—reducing the volatility of cedents earnings—and producing stable profits in their own businesses. With new laws promising to change a Florida litigation environment that was out of …

The Care and Feeding of Property-Catastrophe Models

Executive summary: The key to getting useful model results is working with models that fit specific underwriting needs and making sure the models are regularly updated while employing qualitative analysis (in addition to the models’ quantitative analysis), say experts from …

Everest Unveils Refreshed Brand, Reflecting Commitment to ‘Underwrite Opportunity’

Everest Re Group Ltd., the Bermuda-based re/insurer, has unveiled a refreshed brand, including a new logo and visual identity reflecting its positioning and commitment to “underwrite opportunity” for colleagues, customers, shareholders, and communities worldwide. “There has never been a more …

Everest Re Group Signs UN Principles for Sustainable Insurance

Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a global framework for a sustainable insurance industry developed through partnership between risk management leaders and the United Nations Environment Programme …

Everest Re Estimates $150 Million in Pandemic-Related Losses During First Quarter

Everest Re Group estimated pre-tax losses of $150 million during the first quarter from claims related to the coronavirus pandemic. The company expects that the majority of pandemic losses will come from the Reinsurance Segment, although both its reinsurance and …

Everest Re Restructures Risk Management Function, Naming Mango CRO, Chief Actuary

Everest Re Group Ltd. announced the promotion of Don Mango to Everest Group chief risk officer and chief actuary, effective March 30th. In this new role, Mango will report to Everest Re Group President and CEO Juan C. Andrade. He …

Chubb Names Browne Deputy Regional President, APAC, Division President, SE Asia

Chubb announced the appointment of Glen Browne as deputy regional president for Asia Pacific and division president, Southeast Asia. In his new role, Browne is responsible for the general management and business results in the six countries of Indonesia, Malaysia, …

ACE Appoints Commercial P&C Leaders for Overseas General Insurance Division

ACE Ltd. has appointed the commercial property & casualty leadership team for the company’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. …

ACE Names Personal Lines Leadership Team for Overseas General Insurance

ACE Ltd. has appointed the future personal lines leadership team for the new Chubb Group’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of …

ACE Announces Claims Leadership Team for Overseas General Insurance Division

ACE Ltd. announced the future claims leadership team it will appoint for the new Chubb Group’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter …