Everest Re Group, Ltd. (NYSE:RE) announced today that Darin Scanzano will join Everest Insurance® as the newly appointed CEO of Everest Insurance Company of Canada later this summer. Darin, who will report to David Sandler, Head of the Everest Insurance® Risk Management Group, will be based in the company’s Toronto, Canada, office.

Commenting on the hire, David Sandler, Head of the Everest Insurance® Risk Management Group stated, “We are excited to have Darin join as CEO of Everest Insurance Company of Canada. His depth of experience in the Canadian market, and deep trading relationships developed over his thirty year career in the industry, will help us to continue expanding our Canadian insurance operation.”

Jonathan Zaffino, Chairman of the Board of Everest Insurance Company of Canada, and President and CEO of Everest Insurance® added, “Darin’s reputation, market relationships, and knowledge will prove additive to the overall Everest Insurance® value proposition. We will look to build upon our strong presence in the Canadian marketplace and our deep bench of specialty insurance products, and are confident Darin will help us grow from a position of strength with our trading partners and insureds.”

Prior to joining Everest, Darin held the role of Executive Vice President and Chief Agent for Axis Capital in Toronto, where he was responsible for all Canadian insurance operations, including underwriting, claims, and finance, while serving as senior member of Axis’ Executive Management Group for North America. Darin holds a BA from Concordia University in Montreal.

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.

Everest Global Services, IncCraig Howie, 908-604-3169Executive Vice President and Chief Financial Officer

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