AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" (Superior) of the operating subsidiaries of Everest Re Group, Ltd. (Bermuda) (collectively referred to as Everest). Concurrently, AM Best has affirmed the Long-Term ICRs of "a-" (Excellent) of Everest Re Group, Ltd. (NYSE:RE) and Everest Reinsurance Holdings, Inc. (Delaware). Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of Everest Reinsurance Holdings, Inc. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) The ratings reflect Everest's balanc

Everest Re Group, Ltd. (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has appointed FBI cyber veteran Don Good as Chief Information Security Officer, effective immediately. He will report to Srini Maddineni, Everest's Group Chief Information Officer, and will be based in Warren, NJ. "Don's appointment reflects our ongoing commitment to the highest level of preparedness and capabilities that protect and strengthen our technology environment across the globe," said Srini Maddineni. "His unique depth of experience and exceptional public and private sector credentials, combined with intimate knowledge of t

Everest Re Group, Ltd. ("Everest") (NYSE:RE) will hold its second quarter 2023 earnings conference call on Thursday, July 27, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10178895/f970c5f2cd The call can be accessed via a live, listen only webcast at www.everestglobal.com/Investors where a replay of the call will also be available. Everest will release financial results on July 26, 2023 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestglobal.com/Investors. Everest will change its name to Everest G

Everest Re Group, Ltd. (NYSE:RE) ("Everest"), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Ricardo Anzaldua has been appointed Executive Vice President and Group General Counsel, effective June 12, 2023. Mr. Anzaldua will report to President and CEO Juan C. Andrade and will serve on the Company's executive leadership team. "Ricardo is a highly accomplished and trusted strategic advisor whose exceptional legal acumen and extensive knowledge of complex, global business and legal issues make him a valuable addition to our senior leadership team," said Juan C. Andrade, Everest President and CEO

Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before June 16, 2023 to all shareholders of record as of May 31, 2023. About Everest Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE:RE) is a component of the

Everest Re Group, Ltd. (NYSE:RE) ("Everest"), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced that following shareholder approval at the Company's Annual General Meeting yesterday, it will change its name to Everest Group, Ltd. and will trade under the new ticker symbol (NYSE:EG), effective on July 10, 2023. "Everest's new name and stock ticker reflect the evolution of our value proposition, built on five decades of reinsurance leadership and an expanding presence in the global primary insurance market," said Juan C. Andrade, Everest President and CEO. "In today's heightened risk environment, our hybrid

Everest Re Group, Ltd. (NYSE:RE) (the "Company" or "Everest") announced today the pricing of an underwritten public offering of 3,600,000 common shares at a price to the public of $360.00 per share, before underwriting discounts and commissions. The underwriters have the option to purchase up to an aggregate of 540,000 additional common shares from the Company. This reflects an upsizing of the previously announced offering of 3,000,000 shares and 450,000 option shares granted to the underwriters. The offering is expected to close on May 19, 2023, subject to customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes, which ma

Everest Re Group, Ltd. (NYSE:RE) (the "Company" or "Everest") announced today that it has commenced an underwritten public offering of 3,000,000 common shares. The underwriters will have the option to purchase up to an aggregate of 450,000 additional common shares from the Company. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include expanding its existing business lines and operations. Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers. The shares are being offered pursuant to an effective shelf registration statement that has been filed with the Securities and Exchange Commissi

19.5%1 GWP Growth and 16.2% Underwriting Income Growth, Led by Record Reinsurance Growth and Strong Pricing Momentum 14.2% Net Income ROE, 17.2 % Operating ROE 91.2% Combined Ratio and 87.5% Attritional Combined Ratio Everest Re Group, Ltd. ("Everest" or the "Group") today reported its first quarter 2023 results. First Quarter 2023 Highlights Strong year-over-year improvements in Net Operating Income of $443 million, and Net Income of $365 million driven by continued underwriting margin improvement 14.1% Total Shareholder Return, 14.2% Net Income ROE, and 17.2% Operating Income ROE $3.7 billion in gross written premium ("GWP") with year-over-year growth of 19.5% in constant

Everest Re Group, Ltd. ("Everest") (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Mike Mulray as Executive Vice President and President of North America Insurance, effective immediately. Mr. Mulray most recently served as Global Chief Operating Officer for Everest Insurance®, and in his new role, will lead all aspects of North America, the Insurance division's largest portfolio. He will report to Mike Karmilowicz, President and CEO of Everest Insurance®. "Mike's appointment as President of North America augments our world-class senior leadership team, bringing a dedic

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

Raymond James upgraded Everest Re from Outperform to Strong Buy and set a new price target of $450.00 from $420.00 previously

Citigroup initiated coverage of Everest Re with a rating of Buy and set a new price target of $406.00

Morgan Stanley initiated coverage of Everest Re with a rating of Overweight and set a new price target of $429.00

Raymond James initiated coverage of Everest Re with a rating of Outperform and set a new price target of $385.00

BMO Capital Markets initiated coverage of Everest Re with a rating of Market Perform and set a new price target of $380.00

Morgan Stanley downgraded Everest Re from Overweight to Equal-Weight and set a new price target of $320.00

Morgan Stanley reiterated coverage of Everest Re Group with a rating of Overweight and set a new price target of $340.00 from $331.00 previously

Morgan Stanley reiterated coverage of Everest Re Group with a rating of Overweight and set a new price target of $331.00 from $321.00 previously

Jefferies initiated coverage of Everest Re Group with a rating of Buy and set a new price target of $335.00

Morgan Stanley reiterated coverage of Everest Re Group with a rating of Overweight and set a new price target of $321.00 from $330.00 previously

Everest Re Group, Ltd. ("Everest") (NYSE:RE) will hold its second quarter 2023 earnings conference call on Thursday, July 27, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10178895/f970c5f2cd The call can be accessed via a live, listen only webcast at www.everestglobal.com/Investors where a replay of the call will also be available. Everest will release financial results on July 26, 2023 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestglobal.com/Investors. Everest will change its name to Everest G

Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before June 16, 2023 to all shareholders of record as of May 31, 2023. About Everest Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE:RE) is a component of the

19.5%1 GWP Growth and 16.2% Underwriting Income Growth, Led by Record Reinsurance Growth and Strong Pricing Momentum 14.2% Net Income ROE, 17.2 % Operating ROE 91.2% Combined Ratio and 87.5% Attritional Combined Ratio Everest Re Group, Ltd. ("Everest" or the "Group") today reported its first quarter 2023 results. First Quarter 2023 Highlights Strong year-over-year improvements in Net Operating Income of $443 million, and Net Income of $365 million driven by continued underwriting margin improvement 14.1% Total Shareholder Return, 14.2% Net Income ROE, and 17.2% Operating Income ROE $3.7 billion in gross written premium ("GWP") with year-over-year growth of 19.5% in constant

Everest Re Group, Ltd. ("Everest") (NYSE:RE) will hold its first quarter 2023 earnings conference call on Tuesday, May 2, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10175856/f5f9c42940 The call can be accessed via a live, listen only webcast at www.everestre.com/Investors, where a replay of the call will also be available. Everest will release financial results on May 1, 2023 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestre.com/Investors. About Everest Everest is a global underwriting leader pro

Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before March 30, 2023 to all shareholders of record as of March 16, 2023. About Everest Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE:RE) is a component of the

Fourth Quarter ROE of 20.1%, Operating ROE of 19.4% Underwriting Discipline Drove Strong Combined Ratio of 87.8% with Margin Improvement in both Segments Significant Momentum Following Outstanding 1/1 Renewals Everest Re Group, Ltd. ("Everest" or the "Group") today reported its fourth quarter 2022 results. Fourth Quarter 2022 Highlights Net Operating Income of $478 million, and Net Income of $496 million driven by continued underwriting margin improvement. YTD 2022 Net Operating Income of $1.1 billion, Net Income of $597 million $3.6 billion in gross written premium ("GWP") with year over year growth of 9% in constant dollars for the Group, 21% in constant dollars for Insurance, and

Everest Re Group, Ltd. ("Everest") (NYSE:RE) will hold its fourth quarter 2022 earnings conference call on Thursday, February 9, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10173618/f53de1bfca The call can be accessed via a live, listen only webcast at www.everestre.com/Investors, where a replay of the call will also be available. Everest will release financial results on February 8, 2023 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestre.com/Investors. About Everest Everest is a global underwritin

Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before December 16, 2022 to all shareholders of record as of November 23, 2022. About Everest Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE:RE) is a component o

Gross Written Premiums Up 6.3%¹ led by Consistent Double-Digit Growth in the Insurance Segment Underwriting Discipline Drove Strong Attritional Combined Ratio of 87.6% Consistent Execution of Diversification Strategy Mitigated Losses During Active Catastrophe Quarter Everest Re Group, Ltd. ("Everest" or the "Group") today reported its third quarter 2022 results. Third Quarter 2022 Highlights Net Operating Loss of $205 million, and Net Loss of $319 Million driven by an active catastrophe quarter and volatile market conditions. YTD 2022 Net Operating Income of $587 million, Net Income of $101 million, and Underwriting income of $109 million $3.7 billion in gross written premium ("GWP"

Everest Re Group, Ltd. ("Everest") (NYSE:RE) will hold its third quarter 2022 earnings conference call on Thursday, October 27, 2022, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10171043/f46f067cd6 The call can be accessed via a live, listen only webcast at www.everestre.com/Investors, where a replay of the call will also be available. Everest will release financial results on October 26, 2022 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestre.com/Investors. About Everest Re Group, Ltd. Everest Re Group,

Everest Re Group, Ltd. (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has appointed FBI cyber veteran Don Good as Chief Information Security Officer, effective immediately. He will report to Srini Maddineni, Everest's Group Chief Information Officer, and will be based in Warren, NJ. "Don's appointment reflects our ongoing commitment to the highest level of preparedness and capabilities that protect and strengthen our technology environment across the globe," said Srini Maddineni. "His unique depth of experience and exceptional public and private sector credentials, combined with intimate knowledge of t

Everest Re Group, Ltd. (NYSE:RE) ("Everest"), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Ricardo Anzaldua has been appointed Executive Vice President and Group General Counsel, effective June 12, 2023. Mr. Anzaldua will report to President and CEO Juan C. Andrade and will serve on the Company's executive leadership team. "Ricardo is a highly accomplished and trusted strategic advisor whose exceptional legal acumen and extensive knowledge of complex, global business and legal issues make him a valuable addition to our senior leadership team," said Juan C. Andrade, Everest President and CEO

Everest Re Group, Ltd. ("Everest") (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Mike Mulray as Executive Vice President and President of North America Insurance, effective immediately. Mr. Mulray most recently served as Global Chief Operating Officer for Everest Insurance®, and in his new role, will lead all aspects of North America, the Insurance division's largest portfolio. He will report to Mike Karmilowicz, President and CEO of Everest Insurance®. "Mike's appointment as President of North America augments our world-class senior leadership team, bringing a dedic

Everest Re Group, Ltd. ("Everest") (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Brent Hoffman has been appointed interim General Counsel, replacing Sanjoy Mukherjee who will be leaving the Company to pursue other opportunities effective April 21, 2023. The Company will be conducting a search for Mr. Mukherjee's permanent replacement. Mr. Hoffman brings more than 25 years of extensive legal and industry experience to the role. Prior to joining Everest, he served in several senior claims and legal positions at major global (re)insurance organizations and private practice, recently a

Everest Re Group, Ltd. ("Everest") (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced the appointment of Hazel McNeilage as an independent, non-executive member of its Board of Directors, effective immediately. "Hazel's extensive global business experience and exceptional leadership acumen make her a valuable addition to Everest's Board," said Juan C. Andrade, Everest President and CEO. "Hazel brings a diverse, global perspective from decades of experience leading corporate growth and transformation strategies spanning five continents. I look forward to working closely with Hazel as we continue to

Appoints Rui Marliere to Lead Company's Latin America & Caribbean Reinsurance Business Everest Re Group, Ltd. ("Everest" or the "Company") (NYSE:RE), a leading global provider of reinsurance and insurance solutions, announced today that Artur Klinger has been named Head of International Reinsurance. In this new role, Klinger will oversee the company's reinsurance business in Europe, Asia, the Middle East, Africa, and Latin America, reporting directly to Everest Group COO and Head of Reinsurance Jim Williamson. Additionally, the company has appointed Rui Marliere to lead its Latin America, and Caribbean reinsurance business. These appointments build on Everest's global leadership position a

Everest Re Group, Ltd. ("Everest" or the "Company") (NYSE:RE) announced today that reinsurance industry leader Jill Beggs will join the company as Senior Vice President and Head of North America Reinsurance effective November 15, 2021. Beggs will oversee the strategic direction of Everest's reinsurance business in the United States, Canada, and Bermuda, and will report directly to Jim Williamson, Everest Group COO and Head of Reinsurance. This newly created role, along with the ongoing investments in the company's reinsurance talent are designed to strengthen Everest's leading market position and accelerate progress toward its strategic plan objectives outlined to investors earlier in the y

Everest Re Group, Ltd. ("Everest" or the "Company") announced today the appointment of John Modin as President of Mt. Logan Re, Ltd. ("Mt. Logan"), effective September 30, 2021. Mr. Modin joins Mt. Logan from Citigroup where he was a Managing Director in the financial services group and Head of Insurance Solutions. He has over 30 years of experience in the financial services, Insurance Linked Securities ("ILS") and insurance markets and earlier in his career was the Chief Financial Officer of PXRE and Enterprise Re, after starting his career as a CPA at KPMG. Mr. Modin succeeds David Whiting, current President of Mt. Logan, who is retiring after a remarkable career in the Bermuda reinsuran

Everest Re Group, Ltd. ("Everest") today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately. Mr. Williamson succeeds John Doucette, who is leaving the Company to pursue other opportunities. The appointment of Mr. Williamson to lead Everest's Reinsurance Division furthers the Company's focus on profitably growing a balanced and diversified reinsurance and insurance portfolio, underpinned by relentless execution, to maximize shareholder returns and deliver superior earnings and book value per share growth over time. Juan C. Andrade, Everest Pr

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) today announced the appointment of Anne Rocco as Senior Vice President and Group Chief Transformation and Shared Services Leader. She will serve on the Everest Executive Leadership Committee and report directly to President and Chief Executive Officer Juan C. Andrade. This leadership appointment supports the company’s strategy of profitably growing a balanced and diversified insurance and reinsurance portfolio, underpinned by the relentless execution of our strategies to maximize shareholder returns and deliver superior earnings and book value per share growth over time. Anne joins Everest from Chubb, where she