Everest Re Establishes European Headquarters, ERC-Ireland
ERC-Ireland, Everest Underwriting Group form a hub for Everest’s Continental European operations
Bermuda-based Everest Re Group' subsidiary, Everest Reinsurance Company (ERC-Ireland), has obtained license by the Irish authority to operate as an authorised non-life reinsurer in Ireland. It enables the company to operate throughout the European Union (EU) under a single regulatory framework.
Headquartered in Dublin, ERC-Ireland, together with Everest Underwriting Group (Ireland), form a hub for Everest’s Continental European operations. It also complements its existing operations in London and Brussels, including its new operation in Cologne.
Mark de Saram, Chairman of the Board of Directors, ERC-Ireland, said: “With over thirty years experience operating on the European continent, Everest is recognised for underwriting and service excellence. Our Irish company enhances our position in this important market and increases our operating flexibility by giving our customers access to our highly rated security through a European Union regulated company.”
Related Insight
Suppliers Directory
Life Insurance & Pensions
Intermediaries Brokerage Underwriting London Lloyds
Reinsurance
Technology Technology in Insurance Outsourcing
Regulatory & Risk
Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Comments may be moderated for spam, obscenities or defamation.