Everest Insurance sets up in Spain

The Everest Re Group's insurance division, Everest Insurance, has been granted approval by the relevant authorities to set up a branch office in Spain. Headed by José Ramón Morales, the new structure will be based in Madrid. It will operate as a branch of Everest Insurance (Ireland) DAC, Sucursal en España.

This initiative is part of the Bermuda-based group's international expansion strategy. In October 2022, Everest Insurance established branches in Paris (France) and Düsseldorf (Germany).