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Everest Receives Approval for New Lloyds Syndicate 2786

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HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE:RE) today announced that Lloyds Franchise Board has provided its “in principle” approval for the creation of Everest Syndicate 2786. The new syndicate will be managed under a turnkey arrangement by Asta Managing Agency Ltd (Asta), an established and well respected third-party provider of key management services to start-up syndicates. Everest and Asta are working to secure the final approvals to commence underwriting business ince

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