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EX-99.1 - EVEREST RE GROUP NEWS RELEASE - EVEREST RE GROUP LTDreserveadj2q18.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)
July 19, 2018


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):

[ ] 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))

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.  ____




ITEM 7.01
REGULATION FD DISCLOSURE

On July 19, 2018, the registrant issued a news release announcing net reserve adjustments of approximately $250 million, after tax, for the second quarter of 2018.  In addition, current year weather related events are expected to result in a second quarter charge of approximately $25 million, after tax.  A copy of that news release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. 

ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS

(c)
 
Exhibits
 
       
   
Exhibit No.
Description
       
   
99.1
News Release of the registrant,
     
dated July 19, 2018
       





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/ CRAIG HOWIE
 
   
Craig Howie
   
Executive Vice President and
         Chief Financial Officer
 

Dated:  July 20, 2018


 

EXHIBIT INDEX



Exhibit
     
Number
 
Description of Document
Page No.
       
99.1
 
News Release of registrant,
 
   
dated July 19, 2018
5