Press Releases

Everest Insurance™ Third Quarter 2016 Results Update


INSURANCE HIGHLIGHTS
  • Continued momentum in Insurance operations, coupled with continued market leadership in Reinsurance, is fostering strong results and providing share owners with double-digit returns
  • Insurance GWP in the quarter expanded 25% over the prior-year quarter to $371 million (excluding Heartland Crop)
  • New businesses launched in the US have contributed nearly 11% to GWP in the quarter, double the contribution from the second quarter of 2016
  • Nine new underwriting divisions incepted in 2016
  • Year to date, our Lloyd’s operation has delivered nearly $35 million of premium to the Insurance segment

 

EVEREST RE GROUP STATISTICS
 THIRD QUARTER HIGHLIGHTS

 $1.8 Billion 
GWP for the 3rd Quarter (up 3% YoY)

 $8 Billion
Shareholders' Equity

 9%  Insurance GWP up Quarter over Quarter  14% Annualized Operating ROE for the Quarter 
 84.4% Attritional Combined Ratio   11% Annualized Operating ROE Year-to-date 
 FINANCIAL STRENGTH RATINGS

 A+ XV 
AM Best

 A+
Standard & Poors

 A1
Moody's

 

INSURANCE OFFICE LOCATIONS

 

 

 

 

 

 

 

 

 

 

EVEREST INSURANCE EXECUTIVE MANAGEMENT TEAM

 

 

 

 

 

 

 

 

REGIONAL LEADERS, MARKETING & DISTRIBUTION

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