{"id":4990,"date":"2026-07-11T22:00:14","date_gmt":"2026-07-11T22:00:14","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/everest-group-appoints-craig-hanrahan-as-chief-commercial-officer\/"},"modified":"2026-07-11T22:00:14","modified_gmt":"2026-07-11T22:00:14","slug":"everest-group-appoints-craig-hanrahan-as-chief-commercial-officer","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/everest-group-appoints-craig-hanrahan-as-chief-commercial-officer\/","title":{"rendered":"Everest Group appoints Craig Hanrahan as chief commercial officer"},"content":{"rendered":"<div>\n<p>Everest Group has named Craig Hanrahan (pictured) as global distribution and chief commercial officer, effective August 1, 2026, in an appointment that carries specific commercial timing. Average commercial P&amp;C premiums across all account sizes fell 1.2% in Q1 2026, the first broad-based decline since 2017 and the end of a 33-quarter streak of increases, with 72% of brokers reporting increased property underwriting capacity, per the Council of Insurance Agents &amp; Brokers&#8217; Commercial P&amp;C Market Index. On the reinsurance side, global reinsurance capital reached a record $785 billion at end of 2025 per Aon, while Guy Carpenter&#8217;s property catastrophe rate-on-line index fell 12% at the January 2026 renewals, giving cedants considerably more negotiating leverage than in the recent hard market. When both the insurance and reinsurance sides of a combined group face softening simultaneously, distribution and broker relationships become the primary competitive differentiator &#8211; which is precisely what Hanrahan&#8217;s newly expanded global mandate is designed to address.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Everest Group has named Craig Hanrahan (pictured) as global distribution and chief commercial officer, effective August 1, 2026, in an appointment that carries specific commercial timing. Average commercial P&amp;C premiums across all account sizes fell 1.2% in Q1 2026, the first broad-based decline since 2017 and the end of a 33-quarter streak of increases, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2143,4018,2364,3210,4016,1355,4017,4019],"class_list":["post-4990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-appoints","tag-chief","tag-commercial","tag-craig","tag-everest","tag-group","tag-hanrahan","tag-officer"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=4990"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/4991"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=4990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=4990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=4990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}