Matt Kelly Joins Everest Re Group to Head its International Casualty Facultative Operation

Matt Kelly Joins Everest Re Group to Head its International Casualty Facultative Operation

HAMILTON, Bermuda – June 22, 2017 -- Everest Re Group, Ltd. (NYSE: RE) announced today that Matthew Kelly has joined the Group as Vice President and Head of the Reinsurance Division’s International Casualty Facultative unit and is based in Everest Re’s Miami Office. He will be responsible for worldwide Casualty facultative underwriting, excluding business written for U.S. and Canada clients.

Matt joins Everest with more than 20 years of industry experience, most recently as Regional Head of Casualty and Specialty Casualty with Hiscox. Matt had previously headed up the Casualty and Specialty Casualty underwriting practice for prominent carriers in Latin America and Caribbean. His experience includes insurance operations overseas in Mexico, Puerto Rico, and Argentina.

Ron Diaz, Executive Vice President and Head of International, commented, "We are excited to have someone with Matt’s background joining us in this role. His skills and extensive experience are a welcome addition to the team. Our International facultative operation continues to improve and expand. We look forward to Matt’s contributions in servicing 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 Matt’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), 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.