Everest RE Group

Everest Re Group Ltd. is a holding company, which engages in the provision of reinsurance and insurance services. It operates through the following segments: Reinsurance, and Insurance. The Reinsurance segment writes property and casualty reinsurance and specialty lines of business, including marine, aviation, surety, and accident and health business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U.S. The Insurance segment writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Canada, and Europe. The company was founded in 1999 and is headquartered in Hamilton, Bermuda.

Earnings data Q2 2023

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HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Ricardo Anzaldua has been appointed Executive Vice President and Group General Counsel, effective June 12, 2023. Mr. Anzaldua will report to President and CEO Juan C. Andrade and will serve on the Company's executive leadership team. “Ricardo is a highly accomplished and.

Everest Appoints Veteran Legal Advisor Ricardo Anzaldua as Executive Vice President and Group General Counsel

Segmental strength, solid capital position and favorable estimates poise Everest Re (RE) well for growth.

Everest Re (RE) Gains 10% YTD: Will the Rally Continue?

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before June 16, 2023 to all shareholders of record as of May 31, 2023. About Everest Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and.

Everest Re Group Announces Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced that following shareholder approval at the Company's Annual General Meeting yesterday, it will change its name to Everest Group, Ltd. and will trade under the new ticker symbol (NYSE: EG), effective on July 10, 2023. “Everest's new name and stock ticker reflect the evolution of our.

Everest to Rebrand Company Name and NYSE Ticker to Reflect its Evolution, Global Growth and Diversification Strategy

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (the “Company” or “Everest”) announced today the pricing of an underwritten public offering of 3,600,000 common shares at a price to the public of $360.00 per share, before underwriting discounts and commissions. The underwriters have the option to purchase up to an aggregate of 540,000 additional common shares from the Company. This reflects an upsizing of the previously announced offering of 3,000,000 shares and 450,000 opt.

Everest Re Group, Ltd. Announces Pricing of Public Offering of 3,600,000 Common Shares

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (the “Company” or “Everest”) announced today that it has commenced an underwritten public offering of 3,000,000 common shares. The underwriters will have the option to purchase up to an aggregate of 450,000 additional common shares from the Company. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include expanding its existing business lines and operations. Citigroup Gl.

Everest Re Group, Ltd. Announces Public Offering of 3,000,000 Common Shares

Everest Re Group, Ltd. (NYSE:RE ) Q1 2023 Earnings Conference Call May 2, 2023 8:00 AM ET Company Participants Matt Rohrmann - Senior Vice President and Head, Investor Relations Juan Andrade - President and Chief Executive Officer Mark Kociancic - Executive Vice President and Chief Financial Officer Jim Williamson - Chief Operating Officer and Head, Reinsurance Mike Karmilowicz - Executive Vice President and President and Chief Executive Officer, Insurance Division Conference Call Participants Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Mike Zaremski - BMO Brian Meredith - UBS Meyer Shields - KBW Elyse Greenspan - Wells Fargo Operator Good day and welcome to the Everest Re Group First Quarter 2023 Earnings Conference Call.

Everest Re Group, Ltd. (RE) Q1 2023 Earnings Call Transcript

Everest Re's (RE) first-quarter results reflect higher premiums across its reinsurance and insurance businesses, improved net investment income and underwriting income, partly offset by higher expenses.

Everest Re (RE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

While the top- and bottom-line numbers for Everest Re (RE) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Everest Re (RE) Q1 Earnings: A Look at Key Metrics

Everest Re (RE) came out with quarterly earnings of $11.31 per share, missing the Zacks Consensus Estimate of $12.48 per share. This compares to earnings of $10.31 per share a year ago.

Everest Re (RE) Q1 Earnings and Revenues Lag Estimates

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its first quarter 2023 results. First Quarter 2023 Highlights Strong year-over-year improvements in Net Operating Income of $443 million, and Net Income of $365 million driven by continued underwriting margin improvement 14.1% Total Shareholder Return, 14.2% Net Income ROE, and 17.2% Operating Income ROE $3.7 billion in gross written premium (“GWP”) with year-over-year growth of 19.5% in constan.

Everest Re Group Reports First Quarter 2023 Results

Everest Re's 1Y performance (+32.47%) exceeds that of both the broad market (SPY: -2.82%) and the insurance industry (KIE: -0.78%). This growth exemplifies Everest Re's sustained revenue growth in spite of macro factors, growing annual revenues from $7.36bn in 2018 to $12.06bn in 2022.

Everest Re: Diversified Written Premiums Drive P&C Scale

Everest Re's (RE) first-quarter results are likely to benefit from diversified growth across most lines of business, an increase in Casualty and Financial Lines, higher new money yields and prudent underwriting.

Will Everest Re's (RE) Beat Streak Continue in Q1 Earnings?

Everest Re (RE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Everest Re (RE) Reports Next Week: Wall Street Expects Earnings Growth

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Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Everest Re (RE) or Progressive (PGR). But which of these two companies is the best option for those looking for undervalued stocks?

RE or PGR: Which Is the Better Value Stock Right Now?

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Mike Mulray as Executive Vice President and President of North America Insurance, effective immediately. Mr.

Everest Names Mike Mulray President of North America Insurance

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RE vs. CINF: Which Stock Is the Better Value Option?

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its first quarter 2023 earnings conference call on Tuesday, May 2, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10175856/f5f9c42940 The call can be accessed via a live, listen only webcast at www.everestre.com/Investors, where a replay of the call will also be available.

Everest Re Group to Hold First Quarter 2023 Earnings Conference Call on Tuesday, May 2, 2023

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Segmental strength, solid capital position and favorable growth estimates poise Everest Re (RE) for growth.

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