| Business Summary | | Everest
Re
Group,
Ltd.,
through
its
subsidiaries,
principally
provides
reinsurance
and
insurance
in
the
United
States,
Bermuda
and
international
markets.
The
Company
underwrites
reinsurance
both
through
brokers
and
directly
with
ceding
companies.
The
Company
underwrites
insurance
principally
through
general
agency
relationships.
Everest
Reinsurance
Company
specializes
in
property
and
casualty
reinsurance
and
insurance.
Everest
Reinsurance
(Bermuda),
Ltd.,
established
in
2000,
principally
writes
property
and
casualty
reinsurance
and
also
offers
reinsurance
and
insurance
with
respect
to
life
and
annuity
classes
of
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Everest
Re
Group,
Ltd.,
through
two
subsidiaries,
Everest
Reinsurance
Company
and
Everest
Reinsurance
(Bermuda)
Ltd.,
provides
reinsurance
and
insurance
in
the
United
States,
Bermuda
and
international
markets.
For
the
six
months
ended
6/30/01
revenues
rose
30%
to
$896.7
million.
Net
income
rose
23%
to
$107.4
million.
Results
reflect
an
increase
in
accident,
health
reinsurance
and
primary
insurance
writings,
partially
offset
by
higher
commission
and
brokerage
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joseph Taranto, 52 Chairman,
CEO, Director | $2.4M | -- | Thomas Gallagher, 52 Pres,
COO, Director | 734K | -- | Stephen Limauro, 49 CFO,
Exec. VP, Comptrpller | 518K | $161K | Janet Burak, 50 Sr.
VP, Gen. Counsel, Sec. | 288K | 197K | Peter Bennett, 50 Sr.
VP | 300K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|