Everest
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CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy. -
The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.
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He was appointed acting CEO earlier this month, after Andrade’s departure.
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Carlos Becerra will succeed Delgado as Miami-based LatAm fac head.
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The carrier tapped the run-off market in Q4 for a US casualty insurance-focused portfolio.
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He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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Alex Haines also previously held roles at WTW and Mapfre.
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Everest is in the process of transforming its ILS offering.
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Everest Group’s regulatory filing did not give a reason for the resignation.
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She steps in to replace Phil Taylor, who left the company in September.
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The carrier is launching its own managing agency as part of its ongoing international expansion.
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