Everest Re Group Increases Quarterly Dividend by 8%
HAMILTON, Bermuda--(BUSINESS WIRE)--Nov 14, 2018--Everest Re Group, Ltd. (NYSE: RE) announced that its Board of Directors approved an 8% increase to its regular quarterly dividend from $1.30 to $1.40 per common share. This dividend will be payable on or before December 12, 2018 to all shareholders of record as of November 28, 2018.
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 Reinsurance Company (Ireland), dac, provides reinsurance to non-life insurers in Europe. Everest Insurance ® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted basis in the U.S. and internationally. The Company also operates within the Lloyd’s insurance market through Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.
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CONTACT: Craig Howie
Executive Vice President and Chief Financial Officer
Everest Global Services, Inc.
KEYWORD: UNITED KINGDOM EUROPE IRELAND
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS
SOURCE: Everest Re Group, Ltd.
Copyright Business Wire 2018.
PUB: 11/14/2018 04:15 PM/DISC: 11/14/2018 04:15 PM