Everest Re Group Dividend Announcement

November 17, 2011

Bermuda’s Everest Re Group announced yesterday [Nov.16] that its board of directors declared a dividend of $0.48 per share payable on or before December 14, 2011 to all shareholders of record as of November 30, 2011.

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 both the US and international markets; Everest Reinsurance Bermuda, Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers; Everest Reinsurance Company Ireland, Limited provides reinsurance to non-life insurers in Europe; Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the US; Everest Indemnity Insurance Company offers excess and surplus lines insurance in the US; and Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada.

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