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The subsidiary of Reinsurance Group of America Inc is a Missouri-domiciled third-party life reinsurer

The Bermudian-based Class 3A insurer is part of The Allstate Corporation’s group of insurance companies

The company said it recorded a higher underwriting loss of $18.8 million in the quarter compared with the same period in 2023

The company said the increase is due to continued capital deployment in its Bermudian-based operating subsidiary, Hiscox Re and ILS and solid retail growth

They will report to Bill Hazelton, Everest’s EVP and president of North America Insurance

The recipient of the Professional Liability Underwriting Society award will be formally recognised tomorrow at a conference in Chicago

Third quarter capital returned to shareholders was $147 million including share repurchases of $131 million

The company said it is also commencing a multi-pronged strategic partnership with Bermudian-based Enstar Group Ltd

Riley LaTour becomes responsible for the firm’s risk management strategies and operations

The company said David Govrin will now focus entirely on his role as group president and chief executive officer of Global Reinsurance