−Removed: PURCHASES OF EQUITY SECURITIES
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information.
−Removed: The common shares of Group
−Removed: trade on the New York
−Removed: Stock Exchange under
−Removed: the symbol, “RE”.
−Removed: The quarterly high
−Removed: and low closing market prices of Group’s
−Removed: common shares for the periods indicated
+Added: The common shares of Group trade on the New York Stock Exchange under the symbol, “EG”.
+Added: The quarterly high and low closing market prices of Group’s common shares for the periods indicated were:
+Added: High Low High Low
First Quarter $ 390.84 $ 333.38 $ 304.72 $ 267.35
3 unchanged sentences
Number of Holders of Common Shares.
−Removed: The number of record
−Removed: holders of common
−Removed: shares as of February
−Removed: 1, 2023 was 729.
−Removed: That number does not
−Removed: the beneficial
−Removed: in depositories,
−Removed: Depository Trust
+Added: The number of record holders of common shares as of February 1, 2024 was 863.
+Added: That number does not include the beneficial owners of shares held in “street” name or held through participants in depositories, such as The Depository Trust Company.
Dividend History and Restrictions.
−Removed: an established
−Removed: quarterly cash
−Removed: dividend of $1.65
−Removed: remaining three
−Removed: 23, 2023, the
−Removed: shareholders of record on
−Removed: March 16, 2023.
−Removed: The declaration and payment
−Removed: of future dividends, if any,
−Removed: by the Company will be at
−Removed: the discretion of the Board
−Removed: subsidiaries,
−Removed: restrictions,
−Removed: agency considerations
−Removed: holding company,
−Removed: partially dependent on dividends
−Removed: and other permitted payments
−Removed: from its subsidiaries
−Removed: to pay cash dividends
−Removed: shareholders.
−Removed: restrictions.
−Removed: See “Regulatory
−Removed: 8, “Financial
−Removed: Supplementary Data” - Note 14 of Notes
−Removed: to Consolidated Financial Statements.
−Removed: Purchases of Equity Securities by the Issuer and
−Removed: Affiliated Purchasers
+Added: The Company’s Board has an established policy of declaring regular quarterly cash dividends and has paid a regular quarterly dividend in each quarter since the fourth quarter of 1995.
+Added: The Company declared and paid its quarterly cash dividend of $1.55 per share for the first quarter of 2022, declared and paid its quarterly cash dividend of $1.65 per share for the second quarter of 2022 through the second quarter of 2023, and declared and paid its quarterly cash dividend of $1.75 per share for the remaining two quarters of 2023.
+Added: The declaration and payment of future dividends, if any, by the Company will be at the discretion of the Board and will depend upon many factors, including the Company’s earnings, financial condition, business needs and growth objectives, capital and surplus requirements of its operating subsidiaries, regulatory restrictions, rating agency considerations and other factors.
+Added: As an insurance holding company, the Company is partially dependent on dividends and other permitted payments from its subsidiaries to pay cash dividends to its shareholders.
+Added: The payment of dividends to Group by Holdings and to Holdings by Everest Re is subject to Delaware regulatory restrictions and the payment of dividends to Group by Bermuda Re is subject to Bermuda insurance regulatory restrictions.
+Added: See “Regulatory Matters - Dividends” and ITEM 8, “Financial Statements and Supplementary Data”- Note 17 of Notes to Consolidated Financial Statements.
+Added: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Issuer Purchases of Equity Securities
−Removed: Maximum Number (or
−Removed: Total Number of
−Removed: Approximate Dollar
+Added: (a) (b) (c) (d)
+Added: Period Total Number of
Shares (or Units)
−Removed: Value) of Shares (or
+Added: Purchased Average Price Paid
+Added: per Share (or Unit) Total Number of
+Added: Shares (or Units)
Purchased as Part
+Added: Announced Plans or
+Added: Programs Maximum Number (or
+Added: Approximate Dollar
+Added: Value) of Shares (or
Units) that May Yet
−Removed: Total Number of
Be Purchased Under
−Removed: Shares (or Units)
−Removed: Average Price Paid
−Removed: Announced Plans or
−Removed: per Share (or Unit)
January 1 - 31, 2023 0 $ — 0 1,228,908
10 unchanged sentences
December 1 - 31, 2023 84 $ 352.7550 0 1,228,908
−Removed: authorizing the
−Removed: subsidiary Holdings,
−Removed: the Company’s
−Removed: shares (recognizing
−Removed: transactions,
−Removed: negotiated transactions or both.
−Removed: As of December 31, 2022 the Company and/or
−Removed: its subsidiary Holdings have repurchased
−Removed: 30.8 million of the Company’s shares.
−Removed: Recent Sales of Unregistered
−Removed: OF 5 YEAR CUMULATIVE
−Removed: Among Everest Re Group,
−Removed: Ltd., the S&P 500 Index
−Removed: and the S&P Property & Casualty Insurance
−Removed: Everest Re Group, Ltd.
−Removed: S&P Property & Casualty Insurance
+Added: Total 62,949 $ — 0 1,228,908
+Added: (1) On May 22, 2020, the Company’s executive committee of the Board approved an amendment to the share repurchase program authorizing the Company and/or its subsidiary Holdings, to purchase up to a current aggregate of 32.0 million of the Company’s shares (recognizing that the number of shares authorized for repurchase has been reduced by those shares that have already been purchased) in open market transactions, privately negotiated transactions or both.
+Added: As of December 31, 2023, the Company and/or its subsidiary Holdings have repurchased 30.8 million of the Company’s shares.
+Added: Recent Sales of Unregistered Securities.
Performance Graph.
−Removed: (assuming reinvestment of
−Removed: dividends) from December 31, 2017 through
−Removed: December 31, 2022, with the cumulative
−Removed: Everest Re Group, Ltd.
+Added: The following Performance Graph compares cumulative total shareholder returns on the Common Shares (assuming reinvestment of dividends) from December 31, 2018 through December 31, 2023, with the cumulative total return of the Standard & Poor’s 500 Index and the Standard & Poor’s Insurance (Property and Casualty) Index.
+Added: 12/18 12/19 12/20 12/21 12/22 12/23
+Added: Everest Group, Ltd.
+Added: 100.00 130.16 113.17 135.62 167.77 182.39
+Added: S&P 500 100.00 131.49 155.68 200.37 164.08 207.21
S&P Property & Casualty Insurance 100.00 125.87 134.63 160.58 190.89 211.53
3 unchanged sentences
All rights reserved.
−Removed: SELECTED FINANCIAL DATA
−Removed: Information for Item 6 is not
−Removed: required pursuant to General
−Removed: Instruction I(2) of Form 10-K.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.