HAMILTON, Bermuda--(BUSINESS WIRE)--
Everest Re Group, Ltd. (NYSE: RE) announced the appointments of John J.
Amore and Dominic J. Addesso to its Board of Directors, effective
September 19, 2012.
John J. Amore served as Chief Executive Officer of the General Insurance
division of Zurich Financial Services and also served as a member of
Zurich’s Group Executive Committee, until his retirement in 2010. Mr.
Amore joined Zurich in 1992 and was named President of Zurich American
Specialties business in 1994. In 2000, he assumed the leadership role of
Chief Executive Officer of the entire U.S. region. In 2001, Mr. Amore
was appointed to the Group Executive Committee and he became Chief
Executive Officer of Zurich’s North America Corporate business division.
Prior to joining Zurich, Mr. Amore was vice chairman of the Commerce and
Industry Insurance Company, a member of American International Group
Mr. Amore is currently a consultant to Zurich Financial Services and is
a Delegate of the Board for the Geneva Association. From 2008 to 2010,
he served on the U.S. Chamber of Commerce’s board of directors; and from
2001 to 2008, Mr. Amore was a member of the board of the American
Insurance Association. John Amore graduated with a Bachelor's Degree in
Management from Embry-Riddle Aeronautical University and with an MBA in
Finance from New York University.
Dominic J. Addesso serves as President of Everest Re Group. In July
2012, it was announced that Mr. Addesso will succeed Mr. Taranto as
Chief Executive Officer of the Company upon his retirement at the end of
2013. Mr. Addesso joined Everest in 2009 as Executive Vice President and
Chief Financial Officer and was appointed President in June 2011. Prior
to joining the Company, he had been with Munich Re America where he held
the position of President of its Regional Clients division, responsible
for operational and underwriting management. Mr. Addesso had joined
Munich Re America in 1997 from Selective Insurance Group, where he spent
19 years in a number of senior leadership positions, including that of
Chief Financial Officer. Mr. Addesso started his career with KPMG after
graduating with a Bachelor of Arts degree in Accounting from the
University of Notre Dame and holds memberships in the American Institute
of CPAs and the New Jersey Society of CPAs.
Mr. Joseph V. Taranto, Chairman and Chief Executive Officer, said “We
are extremely fortunate to continue to attract such talent to our
Company and our Board. Both John and Dom bring a wealth of experience
and are admired executives within our industry. Their leadership and
fresh insights will be welcome additions to our extremely strong and
active Board of Directors.”
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. Everest National Insurance
Companyand 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.
Everest Global Services, Inc.Elizabeth B. Farrell, 908-604-3169Vice
President, Investor Relations
Source: Everest Re Group, Ltd.