Markus Heizmann Joins Everest Re in Zurich as Head of Its European Credit & Surety Operations

ZURICH, Switzerland – October 2, 2017 – Everest Re Group, Ltd. announced today that Markus Heizmann will join Everest Reinsurance (Ireland), dac as Head of its Zurich based Credit & Surety Operations. He will work alongside Laurent Arnould, Head of Financial Products, to further develop the worldwide trade credit reinsurance business, and the surety and political risks business outside the U.S., Canada and Latin America.

Markus Heizmann joins Everest Re from AXIS Re where he most recently had been Senior Underwriter for Credit & Surety. Markus has more than 30 years of credit and surety underwriting experience, including 10 years as a direct insurance underwriter.

Stephan Knipper, Managing Director, Everest Re Continental Europe, commented, “We are very pleased to have Markus join our Zurich-based Financial Products team.  Markus is a perfect fit with his broad product knowledge and his leadership capability in the trade credit and surety business.”

Andrew Carrier, Head of Everest Re's European Operations, further commented, “Hiring Markus as the head of trade credit & surety is another important cornerstone of our concept to build out Everest Re Europe as one of the key reinsurance hubs for financial products within the Everest Reinsurance Group.”

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), dac, provides reinsurance to non-life insurers in Europe. 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 in the U.S. and internationally. 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.everestre.com.