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Everest Re names successor CEO for Bermuda reinsurance unit

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Everest Re Group Ltd. said Monday that it has appointed Sanjoy Mukherjee managing director and CEO of Everest Reinsurance (Bermuda) Ltd.

He will replace Mark de Saram, who plans to retire effective April 6, 2016, Everest Re said in a statement.

New York-based Mr. Mukherjee is currently executive vice president, secretary and general counsel for Everest Re. He will continue in his current role in addition to his new responsibilities, Hamilton, Bermuda-based Everest Re said in a statement.

Hamilton-based Andrew Carrier, general manager of European operations, will succeed Mr. de Saram in management of the London, Continental European and Asia-Pacific reinsurance operations, according to the statement.