Everest Insurance® Appoints Andrew Kendrick Chairman of its European Board of Directors

WARREN, New Jersey - March 28, 2023 - Everest Insurance^®, the insurance division of Everest Re Group, Ltd. (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Andrew Kendrick as Non-Executive Chairman of the Board of Directors for Everest Insurance (Ireland), Dac, effective April 7. Additionally, Mr. Kendrick will serve as an advisor to Everest Insurance International^® as the company continues to advance its international growth strategy.

"Andrew is a distinguished industry veteran with extensive experience leading successful expansion strategies for global insurance organizations," said Adam Clifford, co-lead of Everest Insurance International^®. "This, coupled with his board service to several multi-national organizations, makes him a valuable addition to Everest's European Board of Directors."

Jason Keen, co-lead of Everest Insurance International^®, added, "I look forward to working with Andrew, and leveraging his expertise and guidance as we continue to diversify and grow our insurance business in new and attractive markets around the world."

Mr. Kendrick's four-decade-long underwriting career spans executive leadership positions at some of the world's largest insurance companies. Most recently, he served as President and Chairman of Chubb European Group, where he focused on regulatory matters including oversight of the company's Brexit plans. Mr. Kendrick also held the position of President and Chief Executive Officer of ACE Bermuda before being appointed President and Chief Executive Officer of ACE European Group. Following, he served as President & Chairman of ACE, where he oversaw the company's acquisition of Chubb and its rebrand. Earlier in his career, Mr. Kendrick was Director of Underwriting & Active Underwriter of Syndicate 2488 at Lloyd's.

Mr. Kendrick has significant experience advising boards of global and regulatory organizations. He was a member of the Lloyd's Underwriting and Claims Committee and Lloyd's Market Association Board, including a rotation as Chair. Mr. Kendrick also previously served as Non-Executive Director of the Lloyd's Franchise Board and is currently Chairman of Tysers Insurance Brokers Board.

"We are pleased to welcome Andrew to the European Board," said Juan C. Andrade, Everest President and CEO. "His industry and regulatory experience across Europe and around the world will be an asset as we continue to scale our insurance business and augment our global capabilities."

About Everest Re Group, Ltd.

Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

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 at www.everestre.com