Everest Group, Ltd. is a Delaware-based provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories. Everest offers property, casualty, and specialty insurance and reinsurance through its various operating affiliates located in key markets around the world.
History
In 1973, Everest Re Group was founded as Prudential Reinsurance, a subsidiary of Prudential Financial.[3]
In the 1990s, Prudential Financial considered selling or spinning off Prudential Reinsurance.[4] On October 6, 1995, Prudential Reinsurance completed an IPO.[5] The chairman and CEO at that time was Joseph V. Taranto.