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EICL’s in-force underwriting portfolio primarily consists of marine, aviation and property risks related to the Evergreen Group’s operations

Net income increased by $46.9 million

Expansion follows the Bermudian-based company’s acquisition by Aviva

Canada Pension Plan Investment Board continues to maintain the significant majority ownership position in Bermuda

The company will work closely with a related team in the London property insurance market

The subsidiary of Reinsurance Group of America Inc is a Missouri-domiciled third-party life reinsurer

The Bermudian-based Class 3A insurer is part of The Allstate Corporation’s group of insurance companies

The company said it recorded a higher underwriting loss of $18.8 million in the quarter compared with the same period in 2023

The company said the increase is due to continued capital deployment in its Bermudian-based operating subsidiary, Hiscox Re and ILS and solid retail growth

They will report to Bill Hazelton, Everest’s EVP and president of North America Insurance