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Everest Insurance® Makes Key Hire in Credit and Political Risk Space


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Everest Insurance® Makes Key Hire in Credit and Political Risk Space

HAMILTON, Bermuda – July 19, 2017– Everest Re Group, Ltd. (NYSE: RE) announced today that Joe Martin has joined the Everest Insurance®. Credit and Political Risk team in NY, reporting to Jim Thomas, Head of Credit and Political Risk at Everest Insurance®.

 

Joe joins Everest from Mitsubishi UFJ Financial Group (“MUFG”), where he was a Director responsible for originating and structuring export credit and multilateral agency backed cross-border business, including trade and project finance transactions worldwide. Prior to his six years with MUFG, Joe’s experience includes working as a Senior Project Officer in the Project Finance Division of the Export-Import Bank of the United States; a Senior Credit and Political Risk Underwriter at Zurich; and an International Bank Examiner with the Federal Reserve Bank of San Francisco. Joe holds a Master’s Degree in International Management from the Thunderbird School of Global Management at Arizona State University and a B.A. in Business Administration from the University of Georgia.

 

Commenting on Joe’s addition to the team, Jim Thomas stated, “With his broad expertise in trade and project finance, gained through 20 years of experience in banking and insurance in both the public and private sectors, Joe is well positioned to meet the needs of our broker and customer partners. We’re excited to have him join the Credit and Political Risk team and his skill set will further enhance our project finance and structured credit underwriting capabilities.”

 

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 www.everestregroup.com.