Everest’s Jill Beggs said her company will continue to seize emerging opportunities through 2026 while delivering strategic and economically sustainable results, with a long-term, disciplined perspective that has guided the company through past cycles and expects it to do so in the coming years as well.
In a recent interview with Reinsurance News, Beggs, the Bermuda-based insurer and reinsurer’s executive vice president of reinsurance and CEO, shared her insights into the traditional reinsurance market outlook ahead of 1.1 renewals, new challenges and executive outlook for 2026.
“As we look to 2026, we expect competitive pressure to persist, but we also see meaningful opportunities for those who can differentiate through expertise and disciplined execution,” Beggs explained.
The executive noted that Everest is well-positioned to support clients across a variety of risks and geographies, combining global scale with the agility of a specialized partner.
“Our focus remains on helping clients effectively manage volatility, respond to emerging opportunities, and achieve strategic and economically sustainable outcomes. This discipline-based, long-term perspective has guided us through past cycles and will continue to guide us in the years to come,” she continued.
Reflecting on Everest’s philosophy of collaboration and its role in the market, Beggs noted that collaboration has always been at the core of the business.
She emphasized that clients choose the firm not just for its capabilities, but for the clarity, consistency and judgment it provides in a market with changing risks and cycles.
Beggs continued: “At Everest, we offer rigorous underwriting, transparent communications and innovative capabilities, all based on a long-term commitment to shared success.
“Our role is to provide stability amid uncertainty, helping clients navigate volatility with confidence and build resilience for the future.
“An unwavering commitment to delivering lasting, mutually beneficial solutions is what defines Everest and the value we bring to our partners around the world.
“As 1.1 renewal approaches, the reinsurance market has become more competitive and larger in capacity, aggressively seeking growth. In this environment, differentiation is more important than ever. Everest offers a comprehensive suite of solutions across industries and geographies.
“This breadth allows us to deliver tailored protection wherever our clients operate. Our approach is rooted in partnership: understanding changing needs, aligning goals, and delivering solutions that balance risk, opportunity and long-term sustainability.”
At the end of the interview, Beggs reflected on the challenges and opportunities facing today’s market.
She observed that geopolitical instability, climate volatility, cyber threats and rapid technological advances, including artificial intelligence, are converging to create systemic risks that test traditional models.
At the same time, legal and social inflation are reshaping casualty risks, while the gap in coverage between developed and emerging markets continues to widen.
Together, these dynamics reportedly exacerbate market volatility and make capital deployment more complex.
Beggs concluded: “This is a moment for the industry to move beyond simply transferring risk to helping clients anticipate shocks, adapt quickly and achieve a stronger recovery. These conditions also reinforce the value of a stable, disciplined partner.”
“Everest has experienced many cycles with our clients, bringing global expertise, local insights and a consistent, constructive approach to managing uncertainty.”
