Everest Re
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SVP and regional head of insurance in Asia Ben Carey will lead the operation. -
The carrier is planning to ramp up its involvement in the class as part of its primary lines buildout.
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He moves from Axis Capital and will succeed Jon Levenson.
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Plus the lowdown on the potential Howden-TigerRisk tie-up and all the top news of the week.
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Anne Charon will lead Everest’s French operations, Bernd Wiemann will head up the German outfit, and José Ramón Morales is the new country manager for Spain.
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The sale process is in the early stages of marketing, and bids are expected later in May.
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He will replace the retiring Dennis Alba.
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The carrier is pursuing a strategic pivot towards insurance and a reduction in reinsurance growth.
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Plus this week’s Q1 results and all the top news of the week.
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The firm said the conflict gave rise to uncertainty but at this stage losses appeared manageable.
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The (re)insurer revealed it has “limited exposure” to the Ukraine-Russia conflict and did not make a loss provision due to the degree of uncertainty.
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Mango was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management.
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