Everest Re Group, Ltd. (NYSE: RE) announces several new additions to its Executive Solutions Group, a division of Everest Specialty Underwriters (ESU), which offers commercial management liability coverage for non-financial institutions on both a primary and excess basis.

Keith Beach has been appointed Vice President and leader of the Executive Solutions Group. He joins Everest Insurance from Zurich North America, where he served as Senior Vice President, head of the Diversified Financial Group. Prior to Zurich, Keith held underwriting positions with Endurance Specialty Insurance in Bermuda, and Hartford Financial Products in New York. Keith is based in the Company’s Chicago office.

Alan Lutz has been appointed Vice President and head of the West Region of the Executive Solutions Group. Most recently, Alan served as Vice President of the West Region Corporate D&O group for Zurich North America, responsible for a portfolio of publicly traded companies within the management liability lines of business. He has over ten years of management liability underwriting experience and is based in the Company’s New York City office.

Tom McArdle has been appointed Vice President and head of the Central Region of the Executive Solutions Group. Tom joins Everest Insurance from Axis Insurance Company, where he served, most recently, as Senior Vice President, Financial Institutions, and manager for the Central region. Having spent twelve years at Axis, Tom held various increasingly responsible underwriting positions in their New York, Bermuda and London offices before relocating to Chicago. Prior to joining Axis, he worked for AIG in New York. Tom is based in the Company’s Chicago office.

Matthew Gallagher has been appointed Director and head of the East Region of the Executive Solutions Group. Matt joins Everest Insurance from AIG, where he served as Underwriting Manager of the New York Region within the Executive Liability Division. Matt is based in the Company’s New York City office.

Nick Isler has been appointed Director and head of private company, employment practices, and fiduciary product growth initiatives. Nick will also lead several key relationships for the East Region. Nick has over ten years of experience, most recently at Arch Capital Group as Assistant Vice President of their Executive Assurance Division. Nick is based in the Company’s New York City office.

Michael Karmilowicz, the leader of Everest Specialty Underwriters, commented “We continue to build out the Everest Insurance platform with a focus on accumulating the best industry talent, and ESU plays a central role in this strategy. The Executive Solutions Group, led by Keith and his highly qualified team, will provide critical and timely solutions to our clients and brokers in the management liability space. The diversity of talent coupled with the strength and stability of the Everest platform will further solidify Everest’s place in the specialty 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.

Everest Global Services, Inc.Elizabeth B. Farrell, 908-604-3169Vice President, Investor Relations

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