Everest Insurance® Launches Upper Middle Market Casualty Offering Within the Risk Management Group

Everest Re Group, Ltd. (NYSE:RE) announced today that Christopher McKeon has joined Everest Insurance® as the new leader of its Commercial Casualty unit within the Risk Management Group, targeting upper middle market clients within select industry segments. Located in the group’s New York City office, Chris will oversee a unit that will provide multi-line, primary casualty solutions for accounts with loss picks between $250,000 and $1,000,000. Chris will report directly to David Sandler, Head of the Everest Risk Management Group.

Chris joins Everest Insurance® from AIG, where he worked since 1992, having held a variety of roles of increasing responsibility within the AIG organization, most recently as Head of Primary Casualty Corporate Accounts. Chris earned a Bachelor’s degree from Tulane University as well as an MBA from Fordham University and holds the Associate in Reinsurance (ARe) and Chartered Property Casualty Underwriter (CPCU) designations.

David Sandler, Head of the Everest Insurance® Risk Management Group commented, "We are delighted that Chris has joined Everest. He is an accomplished and action oriented leader, as well as a sound underwriting technician who I’ve had the pleasure of knowing, and working with, for many years. Chris’s knowledge of the upper middle market space, his industry and client relationships and his marketplace reputation, will be an asset to Everest as we launch our new Commercial Casualty unit.”

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. 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. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Everest Insurance® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted basis. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.

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Everest Global Services, Inc.Elizabeth B. Farrell, 908-604-3169Vice President, Investor Relations