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Everest Insurance hires AIG exec to lead US property division

Everest Re GroupLtd.'s Everest Insurance hired Erik Nikodem as head of its newly createdU.S. property division.

The division pulls the excess and surplus lines property, retailproperty and inland marine businesses into one unit.

Nikodem most recently served as president and global propertyexecutive of American International GroupInc.'s Americas region.