Everest Names Scott Paddington Chief Agent and Chief Underwriting Officer of Everest Reinsurance Canada and Appoints Russ Lewis to Chairman of Everest Reinsurance Canada - Insurance News | InsuranceNewsNet

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April 26, 2022 Newswires
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Everest Names Scott Paddington Chief Agent and Chief Underwriting Officer of Everest Reinsurance Canada and Appoints Russ Lewis to Chairman of Everest Reinsurance Canada

U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT

WARREN, New Jersey - April 25, 2022 - Everest Reinsurance, the reinsurance division of Everest Re Group, Ltd. (NYSE: RE) today announced the promotion of Scott Paddington to Chief Agent and Chief Underwriting Officer of Everest Reinsurance Canada, and the appointment of Russ Lewis to Chairman of Everest Reinsurance Canada. Both are reporting directly to Jill Beggs, Head of North America Reinsurance at Everest.

Paddington will oversee the operations of Everest's reinsurance business in Canada, and Lewis will continue to provide strategic counsel to Everest's reinsurance business in Canada and globally. These appointments are part of the company's continued investments in its deep bench of reinsurance talent and strategic goals and will continue to strengthen Everest's leading market position.

"Everest's leadership in the global reinsurance market can be credited to its exceptional team of talent. Scott's diverse banking, broker and financial advising background, coupled with his tenure at Everest uniquely positions him to drive the Everest reinsurance business forward," said Jill Beggs, Head of North America Reinsurance. "We are also looking forward to working closely with Russ in this new strategic role. Russ has been an integral part of our Canada operation expansion and establishing Everest as the market leader we are today."

Since Paddington joined Everest in 2010, he has successfully led the growth and profitability of the Everest portfolio. Prior to joining Everest, Paddington worked as a financial advisor at Nesbitt Burns, in insurance at Empyrean and in reinsurance at Guy Carpenter Canada, as well as at various Canadian banks where he developed expertise in both capital markets and global risk management. He holds an MBA from Schulich School of Business and an Honours Bachelor of Commerce from Lakehead University.

Lewis, in this newly created position, will continue to represent Everest in the market and serve Everest clients and broker partners. He will also provide strategic direction and guidance to the Executive Team in Canada and globally. Over his 30-year career at Everest, Russ led a team that successfully grew the Canadian operation and built a leading brand in the Canadian market. Earlier in his career, Lewis gained reinsurance expertise at Prudential and General Reinsurance. He holds an undergraduate degree from the University of Waterloo.

For more information on Everest Reinsurance Canada click here.

About Everest Re Group, Ltd.

Everest Re Group, Ltd. ("Everest") is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.

Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.

Everest common stock (NYSE:RE) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website atwww.everestre.com.

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Disclaimer

Everest Re Group Ltd. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 14:10:27 UTC.

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