Patricia McMahon Appointed Chief Claims Officer of Everest Insurance

Everest Re Group, Ltd. (NYSE: RE) announced today that Everest Insurance®
has promoted Patricia McMahon to the role of Senior Vice President and
Chief Claims Officer. Patricia, who joined Everest from AIG in June of
2017 as Head of Casualty Claims, will report to Jonathan Zaffino,
President and Chief Executive Officer of Everest Insurance®.

Commenting on the appointment, Jonathan Zaffino stated, “I am thrilled
to have Patricia assume the role of Chief Claims Officer and join the
senior leadership team of Everest Insurance®. We are
fortunate to have a deep bench of exceptional talent within our
organization, and are confident Patricia will be an impactful leader in
her new role. Patricia has a unique depth of experience in the space to
match her technical skills, along with proven expertise handling complex
claims. I am confident Patricia will continue to lead our claims
organization toward delivering customized and responsive claims service,
along with a strong focus on loss mitigation and expense management to
reduce overall claims costs for our insureds.”

Patricia, a graduate of Northwestern University, also holds a Juris
Doctor degree from the University of Illinois College of Law. Patricia
will continue to be based in the company’s Liberty Corner, New Jersey

Everest Re Group, Ltd. is a Bermuda holding company that operates
through the following subsidiaries: Everest Reinsurance Company provides
reinsurance to property and casualty insurers in both the U.S. and
international markets. Everest Reinsurance (Bermuda), Ltd., including
through its branch in the United Kingdom, provides reinsurance and
insurance to worldwide property and casualty markets and reinsurance to
life insurers. Everest Reinsurance Company (Ireland), dac, provides
reinsurance to non-life insurers in Europe. Everest Insurance®
refers to the primary insurance operations of Everest Re Group, Ltd.,
and its affiliated companies which offer property, casualty and
specialty lines insurance on both an admitted and non-admitted basis in
the U.S. and internationally. The Company also operates within the
Lloyd’s insurance market through Syndicate 2786. In addition, through
Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized
by the Company and third party investors that provide reinsurance for
property catastrophe risks. Additional information on Everest Re Group
companies can be found at the Group’s web site at

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