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Everest Re

@everestre.com

Everest is a leading global reinsurance and insurance organization with extensive product and distribution capabilities, a strong balance sheet and an innovative culture.

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About

Description

Everest Re is a leading insurance and reinsurance company headquartered in Hamilton, Bermuda, with a significant presence in the United States. The company was founded in 1973 and has grown to become a global player in the industry. Everest Re offers a wide range of products and services to its clients.


Its main offerings include property, casualty, and specialty reinsurance, as well as insurance products. The company works closely with its clients to provide tailored solutions for their risk management needs. Everest Re operates through various segments, including Reinsurance, Insurance, and Other, which is primarily focused on the management of its investment portfolio.


On a global scale, Everest Re has established a strong presence in key markets around the world. The company operates in the Americas, Europe, Asia, and Africa, serving clients in over 150 countries. Everest Re has a number of noteworthy subsidiaries, joint ventures, and partnerships that contribute to its global reach.


These include Everest Insurance (formerly known as Mt. McKinley Insurance Company), Mount Beacon Insurance Company, and Everest Reinsurance Ireland, among others. In terms of market position, Everest Re is recognized as one of the leading reinsurers in the world.


The company has a strong balance sheet, excellent underwriting capabilities, and a diversified portfolio, which have contributed to its success. Everest Re competes with other global reinsurance giants such as Swiss Re, Munich Re, and Berkshire Hathaway's reinsurance division. Over the years, Everest Re has achieved several significant milestones and made strategic changes to fuel its growth.


In 2015, the company completed the acquisition of the Essent Group's Bermuda-based mortgage insurance operations, expanding its presence in the mortgage insurance market. Everest Re has also been recognized for its strong financial performance and industry leadership. Currently, Everest Re continues to strengthen its position in the global insurance and reinsurance market.


The company consistently focuses on innovation, customer-centric services, and expanding its global footprint. The latest updates or key information can be obtained from its official website and financial publications

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Company Type

Public Company

Company Size

11-50

Year Founded

2013

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