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)
February 8, 2023
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
Hamilton
HM 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):
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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.
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ITEM 2.02
DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On February 8, 2023, the registrant issued a news release announcing its fourth quarter 2022 results. A copy of
that news release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The news release furnished herewith contains information regarding the registrant’s operating income (loss).
Operating income (loss) differs from net income (loss) attributable to Everest Re Group, the most directly
comparable generally accepted accounting principle financial measure, by the exclusion of net gains (losses) on
investments and net foreign exchange income (expense). Management believes that presentation of operating
income (loss) provides useful information to investors because it more accurately measures and predicts the
registrant’s results of operations by removing the variability arising from both the management of the registrant’s
investment portfolio and the fluctuations of foreign currency exchange rates. In addition, management, analysts
and investors use operating income (loss) to evaluate the financial performance of the registrant and the insurance
industry in general.
In accordance with general instruction B.2 of Form 8-K, the information in this report, including exhibits, is
furnished pursuant to Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities
Exchange Act of 1934, or otherwise subject to the liability of that section.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
(c)
Exhibits
Exhibit No.
Description
99.1
News Release of the registrant,
dated February 8, 2023
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/ ROBERT J. FREILING
Robert J. Freiling
Senior Vice President and
Chief Accounting Officer
Dated: February 8, 2023
EXHIBIT INDEX
Exhibit
Number
Description of Document
Page No.
5
104
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