Pagnani to step down at Mt. Logan Re
Everest Re Group subsidiary Mt. Logan Re has revealed that Rick Pagnani will be stepping down after five years as chief executive officer of the company.
In a statement the company said: “We would like to thank Rick for his many contributions as the founder of Logan in his efforts in building Mt. Logan, helping develop a strong value proposition for Logan investors and achieving a best in class track record of returns since 2013. We wish Rick success in his future endeavours.”
He will be replaced by David Whiting who has been Mt Logan Re’s chief underwriting officer since it was founded in 2013. Whiting’s new title will be president and chief underwriting officer.
According to Mt. Logan Re Whiting will be assisted by Pagnani over the next several months to ensure what the company described as a seamless transition of responsibilities and continuity for Mt. Logan's investors.
Mt. Logan Re manages segregated accounts, capitalised by the company and third party investors that provide reinsurance for property catastrophe risks for Everest Re Group.
