Hashtag: #EverestRe

Everest Re 2015 Q3 Net Income: $88.6 Million

Everest Re 2015 Q3 Net Income: $88.6 Million

Bermuda-based Everest Re Group, Ltd. reported third quarter 2015 after-tax operating income available to common shareholders of $200.2 million, or $4.53 per diluted common share, compared to after-tax operating income of $280.5 million, or $6.12 per diluted common share, for the third quarter of 2014. Net income available to common shareholders was... Read more of this article

AM Best Affirms Ratings Of Everest Reinsurance

AM Best Affirms Ratings Of Everest Reinsurance

Rating company A.M. Best has affirmed the financial strength rating [FSR] of A+ [Superior] and the issuer credit ratings [ICR] of “aa-” of Everest Reinsurance [Bermuda] Ltd. [Everest Re] [Bermuda] and its reinsurance and insurance subsidiaries. Concurrently, A.M. Best has affirmed the ICRs of “a-” of Everest Re Group, Ltd. [Bermuda] and Everest... Read more of this article

Everest Receives Approval For New Syndicate

Everest Receives Approval For New Syndicate

Bermuda-based Everest Re Group, Ltd. announced that Lloyds Franchise Board has provided its “in principle” approval for the creation of Everest Syndicate 2786. The new syndicate will be managed under a turnkey arrangement by Asta Managing Agency Ltd [Asta], an established and well respected third-party provider of key management services to start-up... Read more of this article

Everest Re Group Declares $0.95 Dividend

Everest Re Group Declares $0.95 Dividend

Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $0.95 per share payable on or before September 9, 2015 to all shareholders of record as of August 26, 2015. Related StoriesEverest Re Increases Quarterly Dividend By 8% Everest Hires Vandendael As International CEO Everest Re Group Net Reserve... Read more of this article

Everest Re Group Declares $0.95 Dividend

Everest Re Group Declares $0.95 Dividend

The Board of Directors of Bermuda-based Everest Re Group Ltd. declared a dividend of $0.95 per share payable on or before June 17, 2015 to all shareholders of record as of June 3, 2015. Related StoriesEverest Re Increases Quarterly Dividend By 8% Everest Hires Vandendael As International CEO Everest Re Group Net Reserve Adjustments Addesso:... Read more of this article

Everest Re 2015 1st Quarter Earnings: $323M

Everest Re 2015 1st Quarter Earnings: $323M

Bermuda-based Everest Re Group, Ltd. reported net income of $323.0 million, or $7.19 per diluted common share, for the first quarter of 2015, compared to net income of $293.9 million, or $6.21 per diluted common share, for the first quarter of 2014. Excluding realized capital gains and losses, after-tax operating income1 was $329.9 million, or $7.34... Read more of this article

Everest Re Group Declares $0.95 Dividend

Everest Re Group Declares $0.95 Dividend

Bermuda-based Everest Re Group, Ltd. declared a dividend of $0.95 per share payable on or before March 25, 2015 to all shareholders of record as of March 11, 2015. Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in... Read more of this article

Zaffino To Head Everest U.S. Operations

Zaffino To Head Everest U.S. Operations

Bermuda-based Everest Re Group, Ltd. announced that Jonathan M. Zaffino will be joining the Company as President of Everest National Insurance Company / U.S. Insurance Operations. Mr. Zaffino assumes his new role effective immediately. Mr. Zaffino joins Everest from Marsh & McLennan Companies, where he served as Managing Director of Marsh’s U.S.... Read more of this article

CEO Addesso: Everest Had Another Stellar Year

CEO Addesso: Everest Had Another Stellar Year

Bermuda-based Everest Re Group, Ltd. reported fourth quarter 2014 net income available to common shareholders of $340.1 million, or $7.47 per diluted common share, compared to net income of $364.6 million, or $7.54 per diluted common share, for the fourth quarter of 2013. After-tax operating income1 available to common shareholders, excluding realized... Read more of this article

Everest Re Increase Quarterly Dividend By 27%

Everest Re Increase Quarterly Dividend By 27%

Bermuda-based Everest Re Group, Ltd. approved a 27% increase to its regular quarterly dividend from $0.75 to $0.95 per common share. This dividend will be payable on or before December 17, 2014 to all shareholders of record as of December 3, 2014. In addition, the Company announced that its Board of Directors authorized an increase to the Company’s... Read more of this article

Everest Re: Q3 2014 Net Income $274.9 Million

Everest Re: Q3 2014 Net Income $274.9 Million

Bermuda-based Everest Re Group, Ltd. reported third quarter 2014 net income available to common shareholders of $274.9 million, or $6.00 per diluted common share, compared to net income of $234.8 million, or $4.81 per diluted common share, for the third quarter of 2013. After-tax operating income1 available to common shareholders, excluding realized... Read more of this article

Everest Re Group Declare $0.75 Dividend

Everest Re Group Declare $0.75 Dividend

Bermuda-based re/insurer Everest Re Group, Ltd. has declared a dividend of $0.75 per share payable on or before September 10, 2014 to all shareholders of record as of August 27, 2014. Related StoriesEverest Re Increases Quarterly Dividend By 8% Everest Hires Vandendael As International CEO Everest Re Group Net Reserve Adjustments Addesso:... Read more of this article

A.M. Best Affirms Everest Reinsurance Ratings

A.M. Best Affirms Everest Reinsurance Ratings

A.M. Best has affirmed the financial strength rating of A+ [Superior] and the issuer credit ratings of “aa-” of Everest Reinsurance [Bermuda] Ltd. and its reinsurance and insurance subsidiaries. Concurrently, A.M. Best has affirmed the ICRs of “a-” of Everest Re Group, Ltd. [Bermuda] and Everest Reinsurance Holdings Inc. [Delaware]. Additionally,... Read more of this article