Everest Re Group

Financial Services insurance reinsurance

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.

Type

Public

Hamilton, BM

Founded

1973

Size (employees)

1,121 (est)-7%

Website

everestregroup.com

Everest Re Group was founded in 1973 and is headquartered in Hamilton, BM

Everest Re Group Office Locations

Everest Re Group has offices in Hamilton and Bernards

Everest Re Group Data and Metrics

Everest Re Group Financial Metrics

Summary

$, USD

Everest Re Group's current market capitalization is $10.5 b.

Balance Sheet

$, USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	611.4 m	437.5 m	283.7 m	481.9 m
Total Assets	19.8 b	20.8 b	21.4 b	21.3 b
Additional Paid-in Capital	2 b	2.1 b	2.1 b	2.1 b
Retained Earnings	6.8 b	7.8 b	8.6 b	9.4 b
Total Equity	4.2 b	4.6 b	4.9 b	8.1 b
Financial Leverage	4.7 x	4.6 x	4.3 x	2.6 x

Cash Flow

$, USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	1.3 b	1.3 b	1.1 b	996.3 m
Cash From Operating Activities	1.1 b	1.3 b	1.3 b	1.4 b
Cash From Investing Activities	(224 m)	(1.2 b)	(1.1 b)	(657.9 m)
Dividends Paid	(106.7 m)	(145.9 m)	(175.1 m)	(195.4 m)
Cash From Financing Activities	(776.5 m)	(312.2 m)	(332.9 m)	(570.9 m)
Interest Paid	38.4 m	39.4 m	36 m	36 m
Income Taxes Paid	69.3 m	153.5 m	164.9 m	42.6 m