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)

May 10, 2021

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.)
Seon Place – 4th Floor 141 Front Street PO Box HM 845 HamiltonHM 19, 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))

Securities registered pursuant to Section 12(b) of the Act:

Class	Trading Symbol(s)	Name of Exchange where registered
Common Shares, $0.01 par value	RE	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 12(a) of the Exchange Act. ☐

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS, ELECTION OF DIRECTORS, APPOINTMENT OF PRINCIPAL OFFICERS

Today, the registrant announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer, will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately. Mr. Williamson succeeds John Doucette, who is leaving the Company to pursue other opportunities. A copy of the news release is furnished herewith as Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c)	Exhibits
	Exhibit No.	Description
	99.1	News Release of the registrant,
		dated May 10, 2021

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/ KEITH SHOEMAKER
	Keith Shoemaker
	Senior Vice President and Comptroller

Dated: May 10, 2021

EXHIBIT INDEX

Exhibit
Number	Description of Document	Page No.
99.1	News Release of registrant,
	dated May 10, 2021	5

EX-99.1

 

NEWS RELEASE 

EVEREST RE GROUP, LTD.

Seon Place, 141 Front Street, 4^th Floor, Hamilton HM 19, Bermuda

Contacts

Media:Dane Lopes                                                                  Investors: JonLevenson 

Group Head of Marketing& Communications                            Head of InvestorRelations 

Everest GlobalServices, Inc.                                                     Everest Global Services, Inc.

203.388.3977                                                                           908.604.3169

Jim Williamson, Executive Vice President & Group Chief Operating Officer, Assumes Additional Responsibilities as Head of the Everest Reinsurance Division

HAMILTON, Bermuda -- (BUSINESS WIRE) – May 10, 2021 – Everest Re Group, Ltd. (“Everest”) today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately. 

Mr. Williamson succeeds John Doucette, who is leaving the Company to pursue other opportunities.

The appointment of Mr. Williamson to lead Everest’s Reinsurance Division furthers the Company’s focus on profitably growing a balanced and diversified reinsurance and insurance portfolio, underpinned by relentless execution, to maximize shareholder returns and deliver superior earnings and book value per share growth over time.

Juan C. Andrade, Everest President and Chief Executive Officer commented:

“I am excited to have Jim take on the leadership of Everest Reinsurance.  He is an experienced and talented executive with a wealth of industry knowledge, and a track record of driving results.  This change will enable us to enhance our already strong underwriting and operational discipline.”

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“On behalf of the executive management team, I want to thank John for his dedication and many contributions to the organization.  Under his leadership, Everest has strengthened its position as a resilient and innovative reinsurer.  I wish him well in his future endeavors.”

Mr. Williamson commented, “Everest’s Reinsurance business is world class, and I am energized by the opportunity to lead such an accomplished team.  We have exceptional talent around the world, deep partnerships with our brokers and cedants, and the financial resources to continue to execute our global growth strategy.”

About Jim Williamson

Jim Williamson joined Everest in 2020 as the Group Chief Operating Officer. Mr. Williamson began his insurance career as a casualty underwriter at The Hartford.  Over the years, at The Hartford, Chubb, and now Everest, he has worked in all aspects of the P&C commercial and consumer lines industry both in the U.S. and internationally running large and successful businesses.  He has also had functional responsibilities for actuarial, technology, and claims organizations during his career.

Mr. Williamson holds an MBA from The Wharton School at the University of Pennsylvania, and a B.S. from Bryant College.

About Everest Re Group,Ltd. 

Everest Re Group, Ltd. (“Everest”) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and otherterritories. 

Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.

Everest common stock (NYSE:RE) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestre.com. All issuing companies may not do business in all jurisdictions.

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XML

Document And Entity Information	May 10, 2021
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	May 10, 2021
Entity File Number	1-15731
Entity Registrant Name	Everest Re Group, Ltd.
Entity Central Index Key	0001095073
Entity Incorporation State Country Code	D0
Entity Tax Identification Number	98-0365432
Entity Address Address Line 1	Seon Place – 4th Floor
Entity Address Address Line 2	141 Front Street
Entity Address Address Line 3	PO Box HM 845
Entity Address City Or Town	Hamilton
Entity Address Postal Zip Code	HM 19
Entity Address Country	BM
City Area Code	441
Local Phone Number	295-0006
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Security 12b Title	Common Shares, $0.01 par value
Trading Symbol	RE
Security Exchange Name	NYSE