Everest Insurance® Expands Excess Casualty Offering in Energy Space

NEW YORK, New York – July 10, 2017 – Everest Re Group, Ltd. (NYSE: RE) announced today that Andreas Graham has joined the Excess Casualty team to lead the expansion of the Everest energy portfolio and capabilities, reporting directly to Connie Germano. Andreas will support both the existing Energy team led by Tom Morelli with supported excess layers, while also pursuing standalone Excess opportunities for insureds within the Energy segment.

Connie Germano, head of Everest Specialty Casualty said, "With Andreas’ significant experience in the energy space, we are confident we will be able to expand our tailored coverage offerings, thereby helping solve our Energy client’s unique challenges. Andreas’ background, relationship and knowledge will prove accretive to our already formidable capabilities within the energy space and we are thrilled to have him join the team."

Based in Boston, Andreas joins Everest from Prosight Specialty Insurance where he was responsible for Marine and Energy. Prior to his role at Prosight, Andreas held roles of increasing responsibility with ACE USA focusing on Energy ultimately as the National Practice Leader for Energy and Construction. Prior to ACE, Andreas was the Regional Manager and Assistant Vice President of AIG Global Energy Excess based in Boston. Andreas began his career at Hiscox Syndicate 33 at Lloyd’s as a Marine Liability Underwriter. He holds a Master of Arts in Resource & Environmental Economics from the University of Massachusetts with a Bachelor of Science in Economics and Economic History from the London School of Economics.

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.everestregroup.com.