Financial Data and Key Metrics Changes - In Q3 2022, Everest reported gross written premiums of $3.7 billion, representing a 6% growth in constant dollars [36] - The combined ratio for the group was 112%, which includes 27.4 points of losses from natural catastrophes, primarily Hurricane Ian [36] - The group attritional loss ratio improved to 60.2%, a 70 basis point improvement year-over-year [39] - Operating loss was reported at $5.28 per diluted share for Q3, while year-to-date operating income stood at $14.91 per diluted share [33] Business Line Data and Key Metrics Changes - Reinsurance gross written premiums increased by 3.4% to $2.6 billion in constant dollars, with a combined ratio of 115% [40] - The attritional loss ratio for Reinsurance improved by 1.1 points to 59.1% [40] - Insurance gross written premiums grew by 13.1% to $1.1 billion, with a combined ratio of 103.5% [42] - The attritional combined ratio for the Insurance division reached 89.8%, marking a historic low [30] Market Data and Key Metrics Changes - The company experienced a flight to quality, growing with core clients and expanding opportunities across their portfolios [18] - The global casualty and professional lines book in Reinsurance saw a 16% growth, while the property book was down 8% due to strategic reductions [17] - The company expects the property market to be dislocated, particularly in property cat, due to recent losses and economic inflation [21] Company Strategy and Development Direction - Everest's strategy focuses on hardening the portfolio and achieving better risk-adjusted returns while managing volatility [6][57] - The company aims to continue diversifying its portfolio and expanding internationally, with new operations in France and Germany [31] - The management emphasizes the importance of underwriting discipline and risk selection to sustain and increase margins [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities in 2023, particularly in the property cat market post-Ian [55] - The company is well-positioned to capitalize on favorable pricing trends and improving terms and conditions in the casualty reinsurance market [92] - Management highlighted the importance of maintaining a strong balance sheet and client relationships to navigate the current market environment [56] Other Important Information - The company reported net investment income of $151 million for the quarter, driven by stronger fixed income returns [15] - Operating cash flow for the quarter was strong at $1.1 billion, with year-to-date cash flow at $2.7 billion [47] - Book value per share ended the quarter at $195.27, with unrealized losses in the fixed income portfolio amounting to approximately $2.2 billion [48][49] Q&A Session Summary Question: How does Everest plan to participate in the dislocated property cat market? - Management indicated a willingness to grow in the property cat market, contingent on favorable rate movements and maintaining risk management practices [52][56] Question: What are the potential recoveries from Hurricane Ian? - Management discussed the potential for significant downside protection through cat bonds, with recovery starting at a $48 billion industry loss threshold [68][70] Question: How does Everest view the casualty reinsurance market? - Management expressed confidence in the casualty reinsurance market, expecting stable to improving terms and conditions, which will allow for additional capacity deployment [92] Question: What is the impact of the ILS market on Everest's reinsurance purchasing? - Management clarified that Everest is not reliant on the ILS market for capacity deployment, allowing for strategic flexibility [97][99] Question: What is the outlook for the investment portfolio? - Management noted opportunities to recognize investment losses to redeploy into higher yield investments, while also considering the strength of operating cash flow [101][102]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q _X_ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2022 ___ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST RE GROUP, LTD. Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act ...

Everest Re Group, Ltd. (RE) Q2 2022 Earnings Conference Call July 28, 2022 8:00 AM ET Company Participants Matt Rohrmann - Senior Vice President, Head of Investor Relations Juan Andrade - President, CEO and Director Mark Kociancic - Executive VP and Group CFO James Williamson - Executive VP, Group COO and Head of Everest Reinsurance Division Michael Karmilowicz - Executive VP and President and CEO of the Insurance Division Conference Call Participants Yaron Kinar - Jefferies Elyse Greenspan - Wells Fargo Me ...

UNITED STATES Bermuda 98-0365432 (State or other jurisdiction of Non-accelerated filer Smaller reporting company Emerging growth company SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _X_ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2022 ___ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST RE GROUP, LTD. (Exact name of registr ...

Everest Re Group, Ltd. (RE) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Jon Levenson - Head, IR Juan Andrade - President & Chief Executive Officer Mark Kociancic - EVP & CFO Jim Williamson - Group COO Mike Karmilowicz - President & CEO, Everest Insurance Conference Call Participants Yaron Kinar - Jeffries Joshua Shanker - Bank of America Ryan Tunis - Autonomous Research Elyse Greenspan - Wells Fargo Mike Phillips - Morgan Stanley Brian Meredith - UBS Meyer Shields - KBW O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K _X_ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 ___ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST RE GROUP, LTD. (Exact name of registrant as specified in its charter) Bermuda 98-0365432 (State or other jurisdiction of (I.R.S. Employer incorporation or organizati ...

Everest Re Group, Ltd. (RE) Q4 2021 Earnings Conference Call February 10, 2022 8:00 AM ET Company Participants Jon Levenson - Head of Investor Relations Juan Andrade - President & Chief Executive Officer Mark Kociancic - Executive Vice President & Chief Financial Officer Jim Williamson - Group Chief Operating Officer Mike Karmilowicz - President & Chief Executive Officer, Everest Insurance Conference Call Participants Joshua Shanker - Bank of America. Michael Phillips - Morgan Stanley Elyse Greenspan - Well ...

UNITED STATES Bermuda 98-0365432 (State or other jurisdiction of Non-accelerated filer Smaller reporting company Emerging growth company SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _X_ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2021 ___ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST RE GROUP, LTD. (Exact name of reg ...

Everest Re Group, Ltd. (RE) Q3 2021 Earnings Conference Call October 28, 2021 8:00 AM ET Company Participants Jon Levenson - Head of Investor Relations Juan Andrade - President & Chief Executive Officer Mark Kociancic - Executive Vice President & Chief Financial Officer Jim Williamson - Group Chief Operating Officer Mike Karmilowicz - President & Chief Executive Officer, Everest Insurance Conference Call Participants Elyse Greenspan - Wells Fargo Mike Zaremski - Wolfe Research Michael Phillips - Morgan Stan ...

UNITED STATES Bermuda 98-0365432 (State or other jurisdiction of Non-accelerated filer Smaller reporting company Emerging growth company SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _X_ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2021 ___ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST RE GROUP, LTD. (Exact name of registra ...