Everest Taps AXIS Re Executive Jason Busti to Lead North America Treaty Reinsurance
Event summary
- Everest Group appointed Jason Busti as Head of North America Treaty Reinsurance, effective March 25, 2026.
- Busti previously served as President of North America at AXIS Re and held senior roles at Swiss Re for over 20 years.
- He will report to Jill Beggs, EVP and CEO of Everest’s reinsurance division, and lead operations across the U.S., Bermuda, and Canada.
The big picture
Everest’s appointment of Jason Busti underscores its focus on strengthening its North American treaty reinsurance business amid increasing competition. Busti’s extensive experience in managing large treaty portfolios and his established relationships with clients and brokers position him to enhance Everest’s market presence. This move aligns with broader industry trends of consolidating expertise to navigate complex risk landscapes.
What we're watching
- Market Penetration
- How Busti’s deep industry relationships will impact Everest’s market share in North American treaty reinsurance.
- Portfolio Growth
- Whether Busti can leverage his experience to drive profitable growth across Everest’s treaty portfolios.
- Competitive Dynamics
- The pace at which Everest can differentiate itself from competitors like AXIS Re and Swiss Re under Busti’s leadership.
Related topics