Sean Berry Joins Everest Re Group to Head its International Property Facultative Operation

Everest Re Group, Ltd. (NYSE: RE) announced today that Sean Berry has joined the Group as Vice President and Head of the Reinsurance Division’s International Property Facultative unit and is based in Everest Re’s Miami Office.

HAMILTON, Bermuda – May 16, 2016 -- Everest Re Group, Ltd. (NYSE: RE) announced today that Sean Berry has joined the Group as Vice President and Head of the Reinsurance Division’s International Property Facultative unit and is based in Everest Re’s Miami Office. He will be responsible for worldwide property facultative underwriting, excluding business written out of Canada.

Sean joins Everest with more than 25 years of industry experience, most recently as Regional Vice President with AIG in Latin America. Sean had previously headed up the property underwriting practice for AIG and General Reinsurance Company in the Far East. He has accumulated over 20 years of experience in overseas underwriting operations.

Ron Diaz, Senior Vice President and Head of International, commented, "We are excited to have someone with Sean’s background joining us in this role. His skills and extensive experience are a welcome addition to the team. Together with Bill Breslin, Head of our International Casualty Facultative Practice, we are steadily expanding our ability to better serve our client needs in the facultative space."

John Doucette President and CEO of the Reinsurance Division further commented "We are pleased to have a leader of Sean’s caliber join the reinsurance division. His addition underlines our commitment to the Facultative Reinsurance Market."

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