Everest Re Group Announces Dividend

Rhea-AI Summary

Everest Re Group, Ltd. (NYSE: RE) has declared a dividend of $1.65 per common share, payable on or before March 30, 2023. This dividend is for shareholders of record as of March 16, 2023. As a leader in global property, casualty, and specialty reinsurance, Everest aims to address key market challenges through disciplined underwriting and risk management strategies. The company is recognized for its 50-year track record in the industry and is a component of the S&P 500 index.

Positive

• Declared a dividend of $1.65 per share, demonstrating strong commitment to shareholders.
• Positioned as a leader in global underwriting with a solid 50-year track record.

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before March 30, 2023 to all shareholders of record as of March 16, 2023.

About Everest

Everest is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230223005923/en/

Media: Dawn Lauer

Chief Communications Officer

908.300.7670

Investors: Matt Rohrmann

Head of Investor Relations

908.604.7343

Source: Everest Re Group, Ltd.

FAQ

What is the dividend amount declared by Everest Re Group for 2023?

The dividend amount declared is $1.65 per common share.

When will the dividend for Everest Re Group be paid?

The dividend will be payable on or before March 30, 2023.

Who are the shareholders of record for Everest's dividend?

Shareholders of record as of March 16, 2023, will receive the dividend.

How has Everest Re Group performed in the reinsurance industry?

Everest is recognized as a global leader in property, casualty, and specialty reinsurance with a 50-year track record of disciplined underwriting.