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Juan Andrade, Ceo Everest Re
Everest Re Group will change its name as it eyes its expansion from its reinsurance origins into the global primary insurance market.
Following shareholder approval at the Company’s Annual General Meeting on May 17, it will change its name to Everest Group. It will trade under the new ticker symbol (NYSE: EG), effective on July 10, 2023.
“Everest’s new name and stock ticker reflect the evolution of our value proposition, built on five decades of reinsurance leadership and an expanding presence in the global primary insurance market,” said Juan Andrade (pictured), Everest president and CEO. “In today’s heightened risk environment, our hybrid business model, breadth of global capabilities and outstanding talent are more vital than ever.”
In addition, the Company has launched a new corporate website at www.everestglobal.com.
Andrade concluded: “At Everest, underwriting opportunity is more than an ideal – it’s the commitment that inspires excellence in everything we do. We continue to advance our strategic objectives as ‘One Everest,’ with the discipline, expertise and agility to create lasting value for all our stakeholders.”
Everest Re Group, Juan Andrade, Rebrand, Expansion, Insurance, Reinsurance, Global market, Bermuda