Magazine date:
Jan 2023  | DATE OF CREATION: 1973, Bermuda |
| CLASS OF BUSINESS: Non-life | |
| UNDERWRITING ZONE: Worldwide | |
| REGIONAL STRUCTURES: 21 structures in the Americas, 9 in Europe and 1 in Asia |
Everest Re : contact
| CONTACT: Seon Place, 4th Floor 141 Front Stree P.O. Box HM 84 Hamilton, HM 19 Bermudes |
| Tel: + (441) 295-0006 / + (866) 233-0686 |
| Fax: + (441) 295-4828 |
| Email: Investor [dot] Relations [at] everestre [dot] com |
| Website: www.everestre.com [4] |
Everest Re : rating
| Agency | Rating | Outlook |
| A.M Best | A+ | Stable |
| Standard & Poor’s | A+ | Stable |
| Moody’s | A1 | Stable |
Everest Re : main indicators
in thousands USD| 2019 | 2020 | 2021 | |
| Global turnover | 9 133 000 | 10 482 000 | 13 050 000 |
| Reinsurance turnover | 6 356 000 | 7 282 000 | 9 067 000 |
| Shareholder’s equity | 9 133 000 | 9 726 000 | 10 139 000 |
| Net result | 1 010 000 | 514 000 | 1 379 000 |
Read also | Everest Group: H1 2023 results [5]
Everest Re : turnover 2021 by class of business*
in thousands USD| Premiums | In % | |
| Property | 4 937 000 | 54.45% |
| Casualty | 3 518 000 | 38.80% |
| Financial lines | 612 000 | 6.75% |
| Total | 9 067 000 | 100% |
* Reinsurance turnover only
Everest Re : capital and shareholding
| Shareholders | In % |
| Everest Preferred International Holdings | 24.70% |
| The Vanguard Group, Inc | 11.90% |
| Boston Partners Global Investors | 6.57% |
| Friess Associates LLC | 5.69% |
| SSgA Funds Management, Inc. | 4.75% |
| Franklin Mutual Advisers LLC | 4.14% |
| Others | 42.25% |
| Capital social * | 2 275 000 000 USD |
* Including additional paid-in capital
Everest Re : technical ratios
| 2019 | 2020 | 2021 | |
| Loss ratio | 67.0% | 76.3% | 71.6% |
| Management expenses ratio | 28.4% | 26.7% | 26.5% |
| Combined ratio | 95.4% | 103.0% | 98.1% |
Everest Re : management
| Joseph V. Taranto | Chairman |
| Juan C. Andrade | President and Chief Executive Officer (CEO) |
| Mark Kociancic | Chief Financial Officer (CFO) |
| Jim Williamson | Chief Operating Officer (COO) |
| Don Mango | Chief Risk Officer and Chief Actuary (CRO) |
| Chris Downey | Chief underwriting officer |
Source: Evrest Re
Read also : World's largest reinsurers [6]