Bermuda-based re/insurer Everest Re Group Ltd has expanded its insurance operations in Canada.The company announced on Friday that its subsidiary, Everest Reinsurance Company, acquired Premiere Underwriting Services (Premiere), a managing general agent headquartered in Toronto, specialising in entertainment, sports and leisure-related risks.Premiere will operate as an affiliate of Everest Insurance Company of Canada.Additionally, Everest Insurance Company of Canada has agreed with Executive Risk Insurance Services Ltd of Toronto to purchase the renewal rights and operations of its financial lines business, which underwrites directors and officers’ liability, fidelity and errors and omissions liability, among others.Mark Herman, CEO of Everest National Insurance, said: “These purchases continue our efforts to expand and diversify our insurance platform into short tail, specialty lines. Both firms bring solid management teams with excellent reputations in their respective fields. We are excited to welcome them to the Everest organisation.”