8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

February 24, 2010

Everest Re Group, Ltd.

(Exact name of registrant as specified in its charter)

Bermuda	1-15731	98-0365432
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)
Wessex House – 2nd Floor 45 Reid Street PO Box HM 845 Hamilton HM DX, Bermuda		Not Applicable
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 441-295-0006

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02                DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

On February 25, 2010, the registrant announced the appointment of Roger M. Singer to its Board of Directors effective February 24, 2010.  A copy of the press release announcing the appointment is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Mr. Singer, age 63, served as served as Senior Vice President, General Counsel and Secretary for OneBeacon Insurance Group LLC from 1989 until retiring in 2005. Mr. Singer had also served on the Board of Directors for OneBeacon Insurance Group and retained this position through 2006. Prior to joining OneBeacon Insurance Group, Mr. Singer had been the Commissioner of Insurance for the Commonwealth of Massachusetts from 1987 to 1989 and formerly the First Deputy to the Commissioner from 1985 to 1987. He had also held various positions in branches of the federal government including the Office of Consumer Affairs and Business Regulation, the Consumer Protection Division and the Federal Trade Commission.

Mr. Singer has been named to the Audit Committee, Compensation Committee and Nominating and Governance Committee.

In accordance with the registrant’s 2009 Non-Employee Director Stock Option and Restricted Stock Plan, on the date of Mr. Singer’s appointment to the Board of Directors, he received options to purchase that number of the registrant’s common shares equal to $50,000 divided by the fair market value of such shares based upon the average of the high and low trading price on that date. In addition, he received 2,000 restricted shares of the registrant in accordance with the grant issued to non-employee directors on February 24, 2010, under the 2003 Non-Employee Director Equity Compensation Plan.

Item 9.01                FINANCIAL STATEMENTS AND EXHIBITS

(c)                            Exhibits

Exhibit No.                                                      Description

99.1                                                      News Release of the registrant,

 dated February 25, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EVEREST RE GROUP, LTD.

By:  /S/ DOMINIC J. ADDESSO

Dominic J. Addesso

        Executive Vice President and

Chief Financial Officer

Dated:  February 25, 2010

EXHIBIT INDEX

Exhibit

Number                                           Description of Document                                                                           Page No.

99.1                                                  News Release of the registrant,                                                                

         dated February 25, 2010                                                                                    5

EX-99.1 CHARTER

        NEWS RELEASE

EVEREST RE GROUP, LTD.

Wessex House, 45 Reid Street, 2nd Floor, Hamilton HM DX, Bermuda

Contact:  Elizabeth B. Farrell

Vice President, Investor Relations

Everest Global Services, Inc.

908.604.3169

For Immediate Release

Roger M. Singer Appointed to the Board of Directors of Everest Re Group, Ltd.

HAMILTON, Bermuda – February 25, 2010 -- Everest Re Group, Ltd. (NYSE: RE) announced the appointment of Roger M. Singer to its Board of Directors, effective February 24, 2010.

Roger M. Singer had formerly served as Senior Vice President, General Counsel and Secretary for One Beacon Insurance Group LLC from 1989 until retiring in 2005. Mr. Singer had also served on the Board of Directors for One Beacon Insurance Group and retained this position through 2006. Prior to joining One Beacon Insurance Group, Mr. Singer had been the Commissioner of Insurance for the Commonwealth of Massachusetts from 1987 to 1989 and formerly the First Deputy to the Commissioner from 1985 to 1987. He has also held various positions in branches of the federal government including the Office of Consumer Affairs and Business Regulation, the Consumer Protection Division and the Federal Trade Commission. Mr. Singer graduated from Boston College Law School in 1973 and is married with two children.

Mr. Joseph V. Taranto, Chairman and Chief Executive Officer, said “We are delighted to welcome Roger to the Everest Board of Directors. The depth of his knowledge and experience, both inside and outside the insurance industry, will certainly benefit the Group and we are fortunate to have attracted an executive of Roger’s caliber to our Board.”

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

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Reinsurance Company (Ireland), Limited provides reinsurance to non-life insurers in Europe. 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. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestre.com.

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