Everest Insurance™ Announces Opening of Houston Office

Everest Re Group, Ltd. (NYSE: RE) announces the opening of the Everest Insurance Houston office as part of its strategic plan to strengthen their presence in the Southern region, and in particular, in the energy corridor.

HAMILTON, Bermuda – February 9, 2016 -- Everest Re Group, Ltd. (NYSE: RE) announces the opening of the Everest Insurance Houston office as part of its strategic plan to strengthen their presence in the Southern region, and in particular, in the energy corridor. Everest Insurance now has seventeen offices strategically located across North America supporting the company’s growing specialty insurance platform.

Jonathan Zaffino, President of Everest Insurance, added "We continue to build out the Everest Insurance platform with a focus on accumulating the best industry talent. We are excited to establish a hub office for Everest Insurance in the South, and to welcome several new colleagues to the Everest Insurance Houston team. We look forward to bringing our many existing capabilities, along with our growing portfolio of product solutions to clients and brokers throughout the region."

Tom Morelli, Head of Energy Casualty at Everest Insurance comments "We are excited to open this office putting us in close proximity to many of our key trading partners in the Energy space. With our local presence, we will be ideally positioned to better serve and strengthen relationships with clients and brokers."

The office will be located at Woodbranch Plaza One, 12121 Wickchester Lane, Suite 150, Houston, Texas 77079.

Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest Reinsurance Company (Ireland), Limited provides reinsurance to non-life insurers in Europe. Mt. Logan Re, a segregated cell company, capitalized by the Company and third party investors, is a specialty reinsurer of catastrophe risks. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada. The Company also operates within the Lloyd's insurance market through Syndicate 2786. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.