Last $126.27 USD
Change Today -1.37 / -1.07%
Volume 233.1K
As of 12:24 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

everest re group ltd (RE) Snapshot

Open
$127.39
Previous Close
$127.64
Day High
$127.51
Day Low
$125.87
52 Week High
05/15/13 - $136.40
52 Week Low
05/24/12 - $99.54
Market Cap
6.3B
Average Volume 10 Days
499.0K
EPS TTM
$14.98
Shares Outstanding
50.0M
EX-Date
06/3/13
P/E TM
8.4x
Dividend
$1.92
Dividend Yield
1.52%
Current Stock Chart for EVEREST RE GROUP LTD (RE)

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everest re group ltd (RE) Details

Everest Re Group, Ltd., through its subsidiaries, underwrites reinsurance and insurance products. It operates in four segments: U.S. Reinsurance, Insurance, International, and Bermuda. The U.S. Reinsurance segment writes property and casualty reinsurance, including marine, aviation, surety, and accident and health insurance on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies in the Unites States. The Insurance segment offers property and casualty insurance, such as medical stop loss insurance directly and through general agents, brokers, and surplus lines brokers in the United States and Canada. The International segment writes non-U.S. property and casualty reinsurance in Canada, Singapore, Brazil, Miami, and New Jersey. The Bermuda segment provides reinsurance and insurance to worldwide property and casualty markets through brokers, as well as directly with ceding companies; and reinsurance to the United Kingdom and European markets. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

1,039 Employees
Last Reported Date: 03/1/13
Founded in 1973

everest re group ltd (RE) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $1.0M
President, Director, Member of Investment Pol...
Total Annual Compensation: $2.3M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $796.2K
Chief Underwriting Officer, Executive Vice Pr...
Total Annual Compensation: $1.3M
Executive Vice President and Managing Directo...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2012.

everest re group ltd (RE) Key Developments

Everest Re Group Ltd. Approves Appointment of Joseph V. Taranto as Director

Everest Re Group Ltd. at its Annual General Meeting of Shareholders held on May 15, 2013, approved appointment of Joseph V. Taranto as director of the company.

Everest Re Group Ltd. Declares Dividend Payable on or Before June 19, 2013

Everest Re Group Ltd. announced that its Board of Directors declared a dividend of $0.48 per share payable on or before June 19, 2013 to all shareholders of record as of June 5, 2013.

Everest Re Group Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

Everest Re Group Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $1,367,673,000 compared to $1,249,124,000 a year ago. Income before taxes was $469,839,000 compared to $342,821,000 a year ago. Net income was $384,343,000 or $7.50 per diluted share compared to $304,704,000 or $5.68 per diluted share a year ago. Net cash provided by operating activities was $225,672,000 compared to $165,738,000 a year ago. Cost of other invested assets acquired was $6,684,000 compared to $11,912,000 a year ago. Book value per share increased 4% from $130.96 at December 31, 2012 to $136.43 at March 31, 2013. Net after-tax realized capital gains totaled $83,271,000 compared to $64,776,000 a year ago. After-tax operating income was $301,072,000 compared to $239,928,000 a year ago.

 

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Industry Analysis

RE

Industry Average

Valuation RE Industry Range
Price/Earnings 7.5x
Price/Sales 1.3x
Price/Book 1.0x
Price/Cash Flow 7.2x
TEV/Sales 0.9x
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