Hashtag: #EverestRe
![Everest CEO: “Milestone With Record Earnings” Everest CEO: “Milestone With Record Earnings”](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2014/02/Dominic_Addesso.jpg&w=120&h=120&zc=1)
Everest CEO: “Milestone With Record Earnings”
Bermuda-based Everest Re Group Ltd. reported fourth quarter 2013 net income available to common shareholders of $364.6 million, or $7.54 per diluted common share, compared to net income of $58.8 million, or $1.13 per diluted common share, for the fourth quarter of 2012. After-tax operating income available to common shareholders, excluding realized... Read more of this article
![Mt. Logan Re Reaches $370 Million of Capacity Mt. Logan Re Reaches $370 Million of Capacity](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2011/11/accounting-business-generic-pencil.jpg&w=120&h=120&zc=1)
Mt. Logan Re Reaches $370 Million of Capacity
Bermuda-based Everest Re Group, Ltd. announced that its special purpose reinsurer, Mt. Logan Re, Ltd., has secured additional funding, which brings current committed capacity to $370 million, far exceeding its initial target funding of $250 million. “The positive response from our investors has exceeded our expectations and serves to validate the... Read more of this article
![Everest Re Group Reports Q3 2013 Earnings Everest Re Group Reports Q3 2013 Earnings](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo.jpg&w=120&h=120&zc=1)
Everest Re Group Reports Q3 2013 Earnings
Bermuda-based Everest Re Group reported third quarter 2013 net income available to common shareholders of $234.8 million, or $4.81 per diluted common share, compared to net income of $250.9 million, or $4.82 per diluted common share, for the third quarter of 2012. After-tax operating income available to common shareholders, excluding realized capital... Read more of this article
![A.M Best Affirms Everest Re Group Ratings A.M Best Affirms Everest Re Group Ratings](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo-b.jpg&w=120&h=120&zc=1)
A.M Best Affirms Everest Re Group Ratings
Ratings agency A.M. Best Co. has affirmed the financial strength rating [FSR] of A+ [Superior] and issuer credit ratings [ICR] of “aa-” of Everest Reinsurance [Bermuda] Ltd. [Everest Re] [Bermuda] and its reinsurance and insurance affiliates. Concurrently, A.M. Best has affirmed the ICRs of “a-” of Everest Re Group, Ltd. [Bermuda] and Everest... Read more of this article
![Everest Re Group Second Quarter Profit Rises Everest Re Group Second Quarter Profit Rises](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo-b.jpg&w=120&h=120&zc=1)
Everest Re Group Second Quarter Profit Rises
Bermuda-based Everest Re Group, Ltd. reported second quarter 2013 net income of $275.6 million, or $5.56 per diluted common share, compared to net income of $214.6 million, or $4.08 per diluted common share, for the second quarter of 2012. After-tax operating income, excluding realized capital gains and losses, was $253.2 million, or $5.10 per diluted... Read more of this article
![Joseph Taranto To Remain Everest Re Chairman Joseph Taranto To Remain Everest Re Chairman](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo-b.jpg&w=120&h=120&zc=1)
Joseph Taranto To Remain Everest Re Chairman
Bermuda-based Everest Re Group, Ltd. announced that Joseph Taranto at the request of the Company’s Board of Directors, has agreed to continue as Chairman of the Board, following his retirement from the position of Chief Executive Officer, effective January 1, 2014. As previously announced, Dominic Addesso will succeed Mr. Taranto as the Company’s... Read more of this article
![Everest Re Directors Declare Dividend Everest Re Directors Declare Dividend](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2013/05/dividend1.jpg&w=120&h=120&zc=1)
Everest Re Directors Declare Dividend
Bermuda-based Everest Re Group, Ltd. announced on Wednesday [May 15] that its board of directors declared a dividend of $0.48 per share payable on or before June 19, 2013 to all shareholders of record as of June 5, 2013. In addition, the company’s directors increased the share repurchase authorisation by an additional five million shares. Related... Read more of this article
![Deutsche Bank Ups Everest Price Target Deutsche Bank Ups Everest Price Target](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo.jpg&w=120&h=120&zc=1)
Deutsche Bank Ups Everest Price Target
Analysts at Deutsche Bank raised their price target on shares of Bermuda domiciled reinsurer Everest Re Group from $128.00 to $147.00 in a research report issued to clients and investors on Tuesday [Apr. 30]. The firm currently has a “buy” rating on the stock. RE has been the subject of a number of other recent research reports. Analysts at Barclays... Read more of this article
![New Study On Reinsurance Hubs Released New Study On Reinsurance Hubs Released](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/12/Insuranceoffices1.jpg&w=120&h=120&zc=1)
New Study On Reinsurance Hubs Released
Research and Markets — a leading international market research and market data firm — on Monday [Apr. 29] announced the addition of the “2020 Foresight Report: Reinsurance Hubs” report to its catalogue of publications. A Research and Markets spokesperson said: “Growing uncertainties in the global economy and the increasing... Read more of this article
![Barclays Issues New Everest Price Target Barclays Issues New Everest Price Target](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo.jpg&w=120&h=120&zc=1)
Barclays Issues New Everest Price Target
Equities researchers at Barclays Capital increased their price target on shares of Bermuda’s Everest Re Group from $122.00 to $129.00 in a report issued on Thursday [Apr. 25]. Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Everest Re Group in a research note... Read more of this article
![Everest Re Ltd. Reports Record Earnings Everest Re Ltd. Reports Record Earnings](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo.jpg&w=120&h=120&zc=1)
Everest Re Ltd. Reports Record Earnings
Bermuda’s Everest Re Group, Ltd. yesterday [Apr. 23] reported net income of $384.3 million, or $7.50 per diluted common share, for the first quarter of 2013, compared to net income of $304.7 million, or $5.68 per diluted common share, for the first quarter of 2012. Excluding realised capital gains and losses, after-tax operating income1 was $301.1... Read more of this article
![Analysts Predict Strong Everest Re Q1 Earnings Analysts Predict Strong Everest Re Q1 Earnings](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/10/Everest-Re-Group-logo.jpg&w=120&h=120&zc=1)
Analysts Predict Strong Everest Re Q1 Earnings
Bermuda’s Everest Re Group Ltd. will release its first quarter 2013 earnings after trading closes on the New York Stock Exchange on Tuesday [Ap. 23]. A conference call discussing the results will be held at 10:30 a.m. Eastern Time on Wednesday, April 24. Wall Street anticipates that Everest Re Group will earn $4.30 for the quarter. Researchers... Read more of this article