Everest Re Group makes Bermuda leadership changes

Sanjoy Mukherjee, executive vice president, general counsel and corporate secretary, and current managing director and chief executive officer, Everest Reinsurance (Bermuda), will transition from his Bermuda role on April 1 and return to his full-time duties as general counsel and corporate secretary of Everest Re Group.

Mukherjee, who initially joined Everest in 2000 and became executive vice president, general counsel and corporate secretary in 2005, assumed the additional role of managing director and chief executive officer, Everest Reinsurance (Bermuda) in April of 2016.

Succeeding Mukherjee, subject to Bermuda Monetary Authority approval, will be Chris Downey. Downey, currently chief underwriting officer of the Reinsurance Division at Everest, will continue in his current role while assuming these additional responsibilities. Mukherjee and Downey will work closely together over the next few months to ensure a smooth transition.

Juan Andrade, president and chief executive officer, Everest Re Group, said, "Given the growth and diversification of our company, particularly in insurance and international, Everest will benefit from Sanjoy’s full time focus as our general counsel helping the organisation deal with the vast complexities of our global operation. He is an outstanding general counsel and his strong leadership, wide market knowledge, and deep industry relationships have contributed, over many years, to the success we have had in building and expanding Everest’s global position as a recognized industry leader. Over the last four years Sanjoy has been instrumental in expanding our Bermuda operations. With twenty years at Everest, his vast contributions to the organization across many fronts cannot be understated.”

Commenting on Downey, Juan Andrade said: “Chris is a respected underwriter, and leader within Everest, who has previously spent 15 years of his career based in Bermuda. He is a talented and seasoned industry leader who will continue to play an increasingly important role in the future of Everest."