Everest Group

Everest Group, Ltd. is a Bermuda-based provider of reinsurance and insurance, operating for 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories. Everest offers property, casualty, and specialty insurance and reinsurance through its various operating affiliates located in key markets around the world.

Everest Group, Ltd.

Formerly	Everest Re Group, Ltd.
Company type	Public
Traded as	NYSE: EG S&P 500 component
ISIN	BMG3223R1088
Industry	Insurance
Founded	1973; 52 years ago (1973)
Headquarters	Bermuda, US[1]
Key people	Jim Williamson (CEO) Joseph V. Taranto (Chairman)
Products	Reinsurance, insurance
Revenue	US$12.06 billion (2022)
Net income	US$597 million (2022)
Total assets	US$39.97 billion (2022)
Total equity	US$8.44 billion (2022)
Number of employees	2,428 (February 2023)
Website	everestglobal.com
Footnotes / references [2]

History

In 1973, Everest Re Group was founded as Prudential Reinsurance, a subsidiary of Prudential Financial.^[3]

In the 1990s, Prudential Financial considered selling or spinning off Prudential Reinsurance.^[4] On October 6, 1995, Prudential Reinsurance completed an IPO.^[5] The chairman and CEO at that time was Joseph V. Taranto. Prudential Reinsurance was renamed Everest Re in 1996, after Mount Everest.^[6] In 2017, Everest Re became a S&P 500 component.^[7]