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Everest Re Group, Ltd is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength.

Everest traces its roots back to 1973 as the former reinsurance arm of The Prudential. On October 6, 1995, The Prudential successfully completed an initial public offering of 100% of the Company's outstanding stock and under the guidance of its Chairman and CEO, Joseph V. Taranto, the Company has become a leading international insurance and reinsurance organization, ranking amongst the largest reinsurers in the world.

TypePublic
Founded1973
HQHamilton, BM
Websiteeverestre.com

Latest Updates

Employees (est.) (Feb 2020)1,603(+14%)
Job Openings22
Revenue (FY, 2019)$8.2 B(+12%)
Share Price (May 2020)$205.7

Key People/Management at Everest Re Group

Dominic J. Addesso

Dominic J. Addesso

President and Chief Executive Officer
John P. Doucette

John P. Doucette

Executive Vice President and President and CEO of the Reinsurance Division
Craig W. Howie

Craig W. Howie

Executive Vice President and Chief Financial Officer
Michael G. Kerner

Michael G. Kerner

Executive Vice President and Head of Strategy and Risk Management
Sanjoy Mukherjee

Sanjoy Mukherjee

Executive Vice President, General Counsel and Secretary, Managing Director and Chief Executive Officer, Everest Reinsurance (Bermuda), Ltd
Ronald D. Diaz

Ronald D. Diaz

EVP
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Everest Re Group Office Locations

Everest Re Group has offices in Hamilton and Bernards
Bernards, US
Liberty Corner
Show all (2)

Everest Re Group Financials and Metrics

Everest Re Group Revenue

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View revenue for all periods
Everest Re Group's revenue was reported to be $8.23 b in FY, 2019
USD

Revenue (Q1, 2020)

2.0b

Gross profit (Q1, 2020)

551.2m

Gross profit margin (Q1, 2020), %

27.8%

Net income (Q1, 2020)

16.6m

Market capitalization (22-May-2020)

8.2b

Closing stock price (22-May-2020)

205.7

Cash (31-Mar-2020)

817.6m

EV

7.9b
Everest Re Group's current market capitalization is $8.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

258.4m448.7m537.1m611.4m437.5m283.7m481.9m635.1m656.1m808.0m

Accounts Receivable

170.7k

Inventories

Total Assets

18.4b18.9b19.8b19.8b20.8b21.4b21.3b23.6b24.8b27.3b
USDY, 2020

EV/CFO

15.5 x

Revenue/Employee

1.2m

Financial Leverage

3.2 x
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Everest Re Group Operating Metrics

Everest Re Group's Reported Claims, units was reported to be 23.5 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Reported Claims, units

24.83 k25.94 k23.46 k
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Everest Re Group Revenue Breakdown

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Everest Re Group revenue breakdown by business segment: 35.2% from U.S. Reinsurance, 20.4% from International, 14.8% from Bermuda and 29.6% from Insurance

Everest Re Group Online and Social Media Presence

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Everest Re Group Company Culture

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Everest Re Group News and Updates

Agricultural Insurance Market Competitive Scenario of Leading Key Players 2017 and 2022 | PICCZurich (RCIS),Chubb, QBE,China United Property Insurance,American Financial Group,Prudential,XL Catlin,Everest Re Group,Endurance Specialty,CUNA Mutual,Agricultu

Worldwide Market Reports has announced the addition of the “Global Agricultural Insurance Market by Manufacturers, Countries, Type and Application, Forecast to 2022”,, Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insight…

Everest Re Group Frequently Asked Questions

  • When was Everest Re Group founded?

    Everest Re Group was founded in 1973.

  • Who are Everest Re Group key executives?

    Everest Re Group's key executives are Dominic J. Addesso, John P. Doucette and Craig W. Howie.

  • How many employees does Everest Re Group have?

    Everest Re Group has 1,603 employees.

  • What is Everest Re Group revenue?

    Latest Everest Re Group annual revenue is $8.2 b.

  • What is Everest Re Group revenue per employee?

    Latest Everest Re Group revenue per employee is $5.1 m.

  • Who are Everest Re Group competitors?

    Competitors of Everest Re Group include EMC Insurance Group, Argo Group and James River Group.

  • Where are Everest Re Group offices?

    Everest Re Group has offices in Hamilton and Bernards.

  • How many offices does Everest Re Group have?

    Everest Re Group has 2 offices.