All the headlines from our Everest Re Topic Page, ordered by recency.
Jan 31 2007 // Bermuda’s Everest Re Group, Ltd. recovered strongly from 2005 losses, posting fourth quarter 2006 after-tax operating income (which excludes realized capital gains and losses) of $201.2 million, or $3.07 per diluted...
Oct 25 2006 // Everest Re Group, Ltd. joined a growing list of Bermuda-based insurers who have seen their third quarter profits rebound sharply from last year’s disastrous results. The Group reported third quarter 2006 after-tax...
May 16 2006 // Everest Insurance, Holdren Insurance Agency and PrideMark Insurance Agents/Brokers have combined organizations to form PrideMark-Everest Insurance Services. The three agencies now operate from PrideMark’s building...
Apr 28 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-“of the reinsurance operating subsidiaries of the...
Apr 25 2006 // The Bermuda-based Everest Re Group, Ltd. reported first quarter 2006 after-tax operating income, which excludes realized capital gains and losses, of $157.9 million, or $2.41 per diluted share, a 4.5 percent decrease...
Apr 21 2006 // The Bermuda-based Everest Re Group, Ltd. announced that it will release its First Quarter 2006 earnings after the close of trading on the NYSE on April 24, 2006. A conference call discussing the results will be held at...
Jan 13 2006 // The Bermuda-based Everest Re Group, Ltd. announced that it has increased its loss estimates for Hurricanes Katrina, Rita and Wilma. Total pre-tax losses from these events, which had previously been estimated at $1.0...
Dec 5 2005 // The Everest Re Group announced from Bermuda that it has agreed to sell approximately $280 million of its common shares to Wachovia Securities, which will subsequently offer the common shares to public investors pursuant to...
Nov 30 2005 // The Bermuda-based Everest Re Group, Ltd. announced that it estimates losses arising from Hurricane Wilma at $230 million on an after-tax basis. “This event, which impacted the Yucatan peninsula of Mexico and South...
Oct 6 2005 // Bermuda-based Everest Re Group Ltd. announced that net pre-tax catastrophe loss impacts arising from third quarter events are expected to be significant, with the principal components being $638 million attributable to...
Sep 14 2005 // Everest Re Group Ltd. announced from its Bermuda headquarters that its losses from Hurricane Katrina could amount to approximately one percent of the total insurance industry losses. This would put the estimates in the...
Sep 1 2005 // The Bermuda-based Everest Re Group, Ltd. announced that the employment agreement of Chairman and CEO Joseph V. Taranto, has been extended to March 31, 2008. Taranto has been in charge at Everest Re since it was formed in...
Apr 19 2005 // Bermuda’s Everest Re Group reported good first quarter results. The company’s after-tax operating income (which excludes realized capital gains and losses) was $165.2 million, or $2.90 per diluted share, a 9...
Feb 1 2005 // The Bermuda-based Everest Re Group, Ltd. reported fourth quarter 2004 after-tax operating income – which excludes realized capital gains and losses – of $94.7 million, or $1.66 per diluted share, a 20.2 percent...
Jan 25 2005 // The Bermuda-based Everest Re Group has issued a bulletin indicating that it now expects fourth quarter 2004 net income and after-tax operating earnings of approximately $1.65 per diluted share. The company had earlier...
Jan 17 2005 // Bermuda-based Everest Re Group, Ltd. announced that its fourth quarter results would be adversely impacted by catastrophe losses, which it estimates will be around $133 million, or $2.32 per diluted share, after...
Dec 17 2004 // Fitch Ratings announced that it has affirmed all ratings related to Everest Re Group, Ltd., including the “A-” senior debt and long-term issuer rating of intermediate holding company, Everest Reinsurance...
Nov 12 2004 // Bermuda-based Everest Reinsurance Ltd., a wholly owned subsidiary of Everest Re Group Ltd., announced the appointment of Tom Jackson as General Manager of its U.K.branch in London. “This operation writes treaty...
Oct 19 2004 // Everest Re Group, Ltd. reported from its Barbados headquarters that its third quarter 2004 after-tax operating income (which excludes realized capital gains and losses) was $4.8 million, or $0.08 per diluted share, a 96.2...
Oct 14 2004 // Everest Re Group Ltd. announced the following executive changes at its wholly owned subsidiary, Everest Reinsurance (Bermuda) Ltd. (“Everest Bermuda”).Mark de Saram, presently CEO of Everest Bermuda’s UK...