Latest Everest Re Headlines

All the headlines from our Everest Re Topic Page, ordered by recency.

S&P Puts Everest Re and Subs Ratings on CreditWatch/Negative

Dec 22 2008 // Standard & Poor’s Ratings Services has placed its ‘A-‘ counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings...

Everest Re Reports $233 Million Q3 Net Loss; $2.2 Million for 9 Months

Oct 22 2008 // The Bermuda-based Everest Re Group reported third quarter 2008 after-tax operating income, which excludes realized capital gains and losses, of $12.6 million, or $0.21 per share, compared to after-tax operating income of...

Everest Re to Hold Q3 Earnings Conference Call Today

Oct 21 2008 // The Bermuda-based Everest Re Group released its Third Quarter 2008 earnings after close of trading on the NYSE yesterday, October 20, 2008. A conference call discussing the results will be held at 8:30 a.m. Eastern Time...

Everest Re Gives Preliminary Q3 Estimates; $246 Million Capital Loss

Oct 14 2008 // The Bermuda-based Everest Re Group has announced its preliminary estimates of third quarter 2008 results. The Company said after-tax operating income, which excludes capital gains/losses, for the third quarter of 2008 are...

Doucette Joins Everest Re as Exec. VP

Jul 31 2008 // The Bermuda-based Everest Re Group announced that it has appointed John P. Doucette to the position of Executive Vice President, effective September, 2008. He joins Everest Re from Max Bermuda where he held the position of...

Everest Re to Release Q2 Results Today; Conference Call Details

Jul 21 2008 // The Bermuda-based Everest Re Group, Ltd. will release its Second Quarter 2008 earnings after close of trading on the NYSE today, Monday July 21, 2008. A conference call discussing the results will be held at 8:30 a.m....

Ratings Roundup: White Mountains, Everest Re, Inter Hannover

Jun 18 2008 // Standard & Poor’s Ratings Services has said that its ratings on White Mountains Re Group Ltd. (WMRe) – currently ‘BBB-‘ with a stable outlook – and its operating subsidiaries,...

Everest Re Applies for Brazil License

Apr 23 2008 // The Bermuda-based Everest Re Group, Ltd. announced that its subsidiary, Everest Reinsurance Company, has applied to the Brazilian regulatory authorities for approval as an occasional reinsurer. Everest said: “The...

Everest Re Earnings Report – $839 Million Full Year Net Income

Feb 4 2008 // The Bermuda-based Everest Re Group, Ltd. reported fourth quarter 2007 after-tax operating income, which excludes realized capital gains and losses, of $63.2 million, or $1.00 per diluted share, compared to after-tax...

Everest Re to Announce Q4 Earnings Today; Conference Call Details

Jan 30 2008 // The Bermuda-based Everest Re Group, Ltd. will release its Fourth Quarter 2007 earnings after the close of trading on the NYSE today, January 30, 2008. The Company will hold a conference call discussing the results at 8:30...

Everest Re to Take $311 Million Charge for Asbestos; No Effect Say Rating Agencies

Jan 22 2008 // The Bermuda-based Everest Re Group announced that it has completed the previously announced detailed study of its potential asbestos exposures, and will take a “net pre-tax charge of $311 million related to the...

Ratings Roundup: Everest Re, Bison, PMG, Liffey Re,

Dec 6 2007 // Standard & Poor’s Ratings Services has revised its outlook on Everest Re Group Ltd., its operating subsidiaries, Everest Reinsurance Co., Everest National Insurance Co., and Everest Reinsurance (Bermuda) Ltd.;...

Ratings Recap: Everest Re, Groupama, First Net, Novae, Hiscox, Amlin, Eurasia, Amlin (Bermuda), HSBC Re

Oct 29 2007 // Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries (collectively referred to as Everest). Following its...

Earnings Recap: ACE, Arch, Everest Re, Montpelier Re, PartnerRe, Transatlantic Re, Willis

Oct 26 2007 // A number of international companies have recently published their earnings results for the third quarter of 2007 and the first nine months of the year. Highlights of these reports – in alphabetical order – are...

Everest Re to Release Q3 Earnings Today; Conference Call Details

Oct 21 2007 // Bermuda’s Everest Re Group will release its third quarter 2007 earnings after the close of trading on the NYSE today, October 22, 2007. A conference call discussing the results will be held at 8:30 a.m. Eastern Time...

Ratings Recap: HSB Engineering; Everest Re

Jun 14 2007 // A.M. Best Co. has affirmed the financial strength rating of “A++” (Superior) and the issuer credit rating (ICR) of “aa+” of the UK-based HSB Engineering Insurance Limited (HSBEIL) with a stable...

Fitch Rates Everest Re Bonds ‘A-‘

May 2 2007 // Fitch Ratings has assigned an “A-” rating to Everest Reinsurance Holdings, Inc.’s issuance of $400 million long-term junior subordinated debentures due 2037. The debentures will pay a fixed interest rate...

Everest Re Completes Note Sale

Apr 30 2007 // Bermuda’s Everest Re Group, Ltd. announced that its wholly-owned subsidiary, Everest Reinsurance Holdings, Inc., has completed a public offering of $400 million of fixed to floating rate long term subordinated notes...

Everest Re Q1 Earnings Report; Conference Call Today, Details

Apr 24 2007 // The Bermuda-based Everest Re Group reported record first quarter after-tax operating income, which excludes realized capital gains and losses, of $267.9 million, or $4.13 per diluted share, a 69.7 percent increase compared...

Everest Re: Q4 Net Income $206 Million; $840.8 Million Full Year

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...