Formerly | Everest Re Group |
---|---|
Company type | Public company |
ISIN | BMG3223R1088 |
Industry | Insurance |
Founded | 1973 |
Headquarters | Hamilton, Bermuda |
Key people |
|
Products | Reinsurance, insurance |
Revenue | US$12.06 billion (2022) |
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 |
Footnotes / references [1] |
Everest Group, Ltd. is a Bermuda-based provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.
In 1973, Everest Re Group was founded as Prudential Reinsurance, a subsidiary of Prudential Financial. [2] In the 1990s, Prudential Financial considered selling or spinning off Prudential Reinsurance. [3] On October 6, 1995, Prudential Reinsurance completed an IPO. [4] The chairman and CEO at that time was Joseph V. Taranto. Prudential Reinsurance was renamed Everest Re in 1996, after Mount Everest. [5] In 2017, Everest Re became a S&P 500 component. [6]
Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.
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