The Bermuda-based Everest Re Group announced that it expects to incur net catastrophe losses of approximately $245 million, after reinstatement premiums and taxes, for the quarter. “This loss provision includes an estimate for the floods in Thailand, with losses now …
The Bermuda-based Everest Re Group announced that it expects to incur net losses of between $100 million and $125 million, after reinstatement premiums and taxes, for claims arising from floods in Thailand. The bulletin said the range was “predicated on …
Fitch Ratings has affirmed the ratings of Everest Re Group, Ltd.’s debt-issuing holding company, Everest Reinsurance Holdings, Inc. and its subsidiaries. “Everest’s debt ratings are only one notch lower than the operating companies’ Insurer Financial Strength (IFS) ratings, which reflects …
The Bermuda-based Everest Re Group announced that Dominic J. Addesso has been promoted to President. He joined Everest two years ago as Executive Vice President and Chief Financial Officer. Prior to his employment with the Company, he was President of …
The Bermuda-based Everest Re Group has appointed Jean-Luc Gourgeon to the position of European General Manager, based in London. He most recently served as the Chief Underwriting Officer for PARIS RE Group and CEO of PARIS RE France, having spent …
The Bermuda-based Everest Re Group announced that its preliminary loss estimate for exposures relating to the earthquake that occurred near Christchurch, New Zealand in February is “in the range of $140 million to $210 million,” pre-tax and net of reinstatement …
The Bermuda-based Everest Re Group reported fourth quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $257.8 million, or $4.70 per diluted common share, compared to after-tax operating income1 of $192.0 million, or $3.19 per …
