Attached files
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| EX-99.1 - EVEREST RE GROUP ACQUIRES HEARTLAND CROP INSURANCE - EVEREST RE GROUP LTD | heartlandcrop.htm |
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)
January 3, 2011
Everest Re Group, Ltd.
(Exact name of registrant as specified in its charter)
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Bermuda
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1-15731
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98-0365432
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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Wessex House – 2nd Floor
45 Reid Street
PO Box HM 845
Hamilton HM DX, Bermuda
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Not Applicable
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(Address of principal executive offices)
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(Zip Code)
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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):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 8.01
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OTHER
On January 3, 2011, the registrant issued a news release announcing that it has acquired the business and operations of Heartland Crop Insurance, Inc, a managing general agent, for $55 million, plus the agreed upon value of the net assets of the agency. In addition, a contingent fee of up to $13.5 million may be payable based upon the achievement of certain financial targets, including business retention and underwriting results.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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(c)
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Exhibits
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Exhibit No.
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Description
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99.1
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News Release of the registrant,
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dated January 3, 2011
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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.
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EVEREST RE GROUP, LTD.
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By:
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/S/ DOMINIC J. ADDESSO
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Dominic J. Addesso
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Executive Vice President and
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Chief Financial Officer
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Dated: January 3, 2011
EXHIBIT INDEX
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Exhibit
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Number
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Description of Document
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Page No.
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99.1
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News Release of the registrant,
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dated January 3, 2011
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5
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