Everest to Rebrand Company Name and NYSE Ticker to Reflect its Evolution, Global Growth and Diversification Strategy
18 Maggio 2023 - 1:30PM
Business Wire
Everest Re Group, Ltd. (NYSE: RE) (“Everest”), a global
underwriting leader providing best-in-class property, casualty, and
specialty reinsurance and insurance solutions, announced that
following shareholder approval at the Company’s Annual General
Meeting yesterday, it will change its name to Everest Group, Ltd.
and will trade under the new ticker symbol (NYSE: EG), effective on
July 10, 2023.
“Everest’s new name and stock ticker reflect the evolution of
our value proposition, built on five decades of reinsurance
leadership and an expanding presence in the global primary
insurance market,” said Juan C. Andrade, Everest President and CEO.
“In today’s heightened risk environment, our hybrid business model,
breadth of global capabilities and outstanding talent are more
vital than ever.”
In addition, the Company has launched a new corporate website at
www.everestglobal.com. The site is highly visual and dynamic,
reinforcing its branding with a contemporary, world-class
experience that showcases the people bringing Everest’s tailored
solutions to clients in more than 100 markets globally.
Aligned with Everest’s refreshed brand unveiled last November,
these changes underscore the Company’s ongoing diversification
efforts.
Andrade concluded, “At Everest, underwriting opportunity is more
than an ideal – it’s the commitment that inspires excellence in
everything we do. We continue to advance our strategic objectives
as ‘One Everest,’ with the discipline, expertise and agility to
create lasting value for all our stakeholders.”
About Everest
Everest is a global underwriting leader providing best-in-class
property, casualty, and specialty reinsurance and insurance
solutions that address customers’ most pressing challenges. Known
for a 50-year track record of disciplined underwriting, capital and
risk management, Everest, through its global operating affiliates,
is committed to underwriting opportunity for colleagues, customers,
shareholders, and communities worldwide.
Everest common stock (NYSE:RE) is a component of the S&P 500
index.
Additional information about Everest, our people, and our
products can be found on our website at www.everestglobal.com.
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