Everest Announces Senior Management Transition

Everest Re Group, Ltd. (“Everest”) announced that Jonathan Zaffino, President & CEO of the Everest Insurance® Division, has resigned to pursue another opportunity. He will remain on garden leave until mid-June.

Juan C. Andrade, Everest President and Chief Executive Officer commented:

“Since joining Everest just over five years ago, Jon and the Insurance leadership team have built Everest Insurance® into a world-class specialty insurer. I appreciate Jon’s contributions to date and wish him well in his future endeavors.

At Everest, we have a deep bench, a talented insurance leadership team, and a strong and diversified platform. We remain focused on delivering superior insurance products and solutions to our broker partners and clients. Our strategy, our mission, our focus, our objectives and our culture all remain unchanged. We will continue to execute and outperform. Effective today, the Everest Insurance® senior leadership team will be reporting directly to me. I have great confidence in their abilities and look forward to continuing on our journey of success.”