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Everest Names Jonathan Zaffino as President of Everest National Insurance Company / U.S. Insurance Operations

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Everest Re Group, Ltd. (NYSE:RE) announced today that Jonathan M. Zaffino will be joining the Company as President of Everest National Insurance Company / U.S. Insurance Operations. Mr. Zaffino assumes his new role effective immediately.

Mr. Zaffino joins Everest from Marsh & McLennan Companies, where he served as Managing Director of Marsh’s U.S. Casualty Practice from 2010 to 2013, and most recently as President of Victor O. Schinnerer & Company, Inc., one of the largest underwriting managers of professional liability and specialty insurance programs. Mr. Zaffino brings a diverse background with a 20 year career that includes casualty and specialty underwriting and brokerage experience. Before joining Marsh, he held senior underwriting positions with ACE and Willis North America. He holds a Bachelor of Arts degree in Economics from St. Michael’s College.

Mr. Dominic J. Addesso, Chief Executive Officer and President, commented, “We are very pleased to have an executive of Jon’s caliber join the Everest team. With his experience and knowledge of the industry, Jon will be instrumental in the continued success of our organization. I look forward to working with him. Jon is a passionate, articulate and thoughtful leader with a proven ability to execute.”

Mr. Daryl W. Bradley will transition from his current role as President of Everest National / U.S. Insurance Operations to focus solely on building an international platform for the Company’s primary insurance market. With over 19 years of experience with Everest, and his significant expertise in the insurance industry, Mr. Bradley, as Head of International Insurance Operations, will be instrumental in the strategic expansion of the Company’s insurance division to international markets.

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), Limited provides reinsurance to non-life insurers in Europe. Mt. Logan Re, a segregated cell company, capitalized by the Company and third party investors, is a specialty reinsurer of catastrophe risks. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.

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