Everest Insurance™ Announces Strategic Additions to Distribution Management Team

Everest Re Group, Ltd. (NYSE: RE) announces two new additions to its Everest Insurance Distribution Management team.

HAMILTON, Bermuda – January 12, 2016 -- Everest Re Group, Ltd. (NYSE: RE) announces two new additions to its Everest Insurance Distribution Management team. These moves will serve to strengthen the organization’s relationships with their key trading partners as Everest continues to expand its capabilities in the specialty insurance space.

Kevin Dunham has been appointed Regional Leader, Marketing and Distribution for the West region. Kevin joins Everest Insurance from Zurich Global Corporate in North America where he served as Executive Vice President, Western Team Leader - Customer Relationship Management. Prior to joining Zurich, Kevin was Senior Vice President and Branch Manager for ACE Risk Management in Los Angeles. Kevin will be based in the Company’s Orange, California, office.

Mike Newell has been appointed Regional Leader, Marketing and Distribution for the Central region. Mike joins Everest Insurance from Swiss Re Corporate Solutions where he served as Senior Vice President, Head of Sales, Central Region. Prior to joining Swiss Re, Mike spent nearly a decade at AIG where he served as National Account Regional Manager in the Central region. Mike will be based in the Company’s Chicago office.

Dane Lopes, U.S. Head of Sales and Distribution at Everest Insurance, comments "Kevin and Mike are both very well respected and well-known figures in the industry with outstanding client and broker relationships. They will bring a strong voice of advocacy for Everest Insurance to the broader brokerage and client community in their respective regions. Kevin and Mike’s extensive experience in client management, and their deep industry relationships, will prove invaluable to Everest Insurance as we continue our efforts to build a world class distribution platform that will serve to strengthen the brand and support profitable topline growth."

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. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.