OverviewSuggest Edit
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.
... Show more| Type | Public | |
| Founded | 1973 | |
| HQ | Hamilton, BM | Map |
| Website | everestregroup.com |
Recent NewsAll News
- 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
- Everest Re Group's (RE) CEO Dom Addesso on Q1 2018 Results - Earnings Call Transcript
Key People/Management at Everest Re Group
Dominic J. Addesso
John P. Doucette
Craig W. Howie
Michael G. Kerner
Sanjoy Mukherjee
Jonathan M. Zaffino
Everest Re Group Office Locations
Everest Re Group Financials and Metrics
Everest Re Group Revenue
| USD | |
|---|---|
Revenue (Q3, 2018) | 1.9b |
Net income (Q3, 2018) | 205.6m |
Market capitalization (15-Feb-2019) | 8.8b |
Closing stock price (15-Feb-2019) | 216.9 |
Cash (30-Sep-2018) | 639.8m |
- Source: SEC Filings
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4b | 1.3b | 1.5b | 1.5b | 1.4b | 1.4b | 1.2b | 1.4b | 1.5b | 1.5b | 1.5b | 1.7b | 1.7b | 1.9b | 1.9b |
Operating expense total | 1.1b | 928.6m | 1.1b | 1.2b | 1.2b | 1.3b | 1.1b | 1.2b | 1.2b | 1.1b | 1.3b | 2.6b | 1.5b | 1.8b | 1.7b |
Pre tax profit | 310.6m | 355.3m | 361.8m | 322.1m | 271.3m | 101.4m | 177.1m | 186.3m | 320.9m | 338.4m | 275.5m | (904.1m) | 217.6m | 60.8m | 197.4m |
Income tax expense | 72.0m | 53.2m | 63.9m | 20.9m | 35.8m | (6.1m) | 5.4m | 30.6m | 25.5m | 46.8m | 29.9m | (264.7m) | 7.3m | (9.1m) | (8.2m) |
- Source: SEC Filings
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 589.5m | 385.4m | 341.6m | 401.8m | 338.9m | 401.2m | 328.9m | 429.3m | 435.8m | 468.2m | 469.2m | 585.4m | 700.6m | 619.5m | 639.8m |
Total Assets | 20.0b | 20.1b | 21.2b | 21.5b | 21.5b | 21.7b | 20.9b | 21.3b | 21.7b | 22.2b | 22.5b | 23.9b | 23.5b | 23.9b | 24.4b |
Total Liabilities | 13.2b | 12.8b | 13.5b | 13.7b | 13.0b | 13.4b | 13.0b | 13.3b | 13.6b | 13.8b | 13.9b | 16.0b | 15.2b | 15.6b | 16.1b |
Additional Paid-in Capital | 2.0b | 2.0b | 2.1b | 2.1b | 2.1b | 2.1b | 2.1b | 2.1b | 2.1b | 2.1b | 2.2b | 2.2b | 2.2b | 2.2b | 2.2b |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 898.5m | 302.0m | 599.9m | 301.3m | 171.7m | 327.4m | 622.8m | 291.6m | 537.3m | (102.1m) | 210.3m | 280.2m | 485.8m |
Cash From Operating Activities | 776.2m | 367.1m | 590.4m | 335.5m | 367.1m | 674.5m | 950.7m | 381.8m | 634.4m | 1.0b | 195.6m | 132.6m | 543.6m |
Cash From Investing Activities | 103.4m | (384.4m) | (1.1b) | (104.4m) | (208.2m) | (296.6m) | (331.0m) | (334.3m) | (529.5m) | (764.5m) | (55.4m) | 2.2m | (277.2m) |
Dividends Paid | (70.7m) | (34.7m) | (69.1m) | (34.0m) | (48.7m) | (96.8m) | (144.3m) | (51.3m) | (102.6m) | (153.9m) | (53.2m) | (106.5m) | (159.3m) |
| USD | Y, 2018 |
|---|---|
Financial Leverage | 2.9 x |
Everest Re Group Operating Metrics
Everest Re Group Revenue Breakdown
Everest Re Group revenue breakdown by business segment: 29.6% from Insurance, 14.8% from Bermuda, 20.4% from International and 35.2% from U.S. Reinsurance
Everest Re Group Online and Social Media Presence
382 Twitter followers
Everest Re Group has 382 Twitter Followers. The number of followers has increased 1.1% month over month and increased 2.6% quarter over quarter
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
Everest Re Group Company Life and Culture
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 1,276 employees.
What is Everest Re Group revenue?
Latest Everest Re Group annual revenue is $6.6 b.
What is Everest Re Group revenue per employee?
Latest Everest Re Group revenue per employee is $5.2 m.
Who are Everest Re Group competitors?
Competitors of Everest Re Group include White Oak Underwriting Agency, EMC Insurance Group and Allied World Assurance.
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.