Bermuda-based Everest Re Group, Ltd., announced yesterday that former Arch Insurance chief executive officer Ralph E. Jones III will become the company's president and chief operating officer on Monday.
The firm said Thomas J. Gallagher, who has held those posts since 1997, has been named vice-chairman and chief underwriting officer, also effective as of Monday.
Everest Re said Mr. Jones, who joined the company board in September, has more than 30 years of insurance industry experience.
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