Everest Group, Ltd. · NYSE:EG
Everest — Everest Re Group — FY2009 Earnings Presentation
16 slides from Everest's earnings presentation, Dec 31, 2009
Slide 1: Everest Re Group, Ltd. Analyst Supplement
Everest Re Group, Ltd. Analyst Supplement December 31, 2009
Slide 2: Supplemental GAAP Operating Information
EVEREST RE GROUP, LTD. Supplemental GAAP Operating Information (Dollars in thousands, except per share amounts) (unaudited) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009
Slide 3: Supplemental GAAP Operating Information (cont.)
EVEREST RE GROUP, LTD. Supplemental GAAP Operating Information (cont.) (Dollars in thousands, except per share amounts) (unaudited) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2
Slide 4: Supplemental GAAP Balance Sheet Information
EVEREST RE GROUP, LTD. Supplemental GAAP Balance Sheet Information (Dollars in thousands, except per share amounts) (unaudited) December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2009 2009 2009 2008 2008 2008 2008 BALANCE SHEET HIGHLIGHTS: Total investme
Slide 5: Total Segments
EVEREST RE GROUP, LTD. Segment Results (Dollars in thousands) (unaudited) TOTAL SEGMENTS Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 2009 2008 2008 2008 2008 Gros
Slide 6: Total Insurance (U.S. insurance)
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) TOTAL INSURANCE (U.S. insurance) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 200
Slide 7: Total Reinsurance
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) TOTAL REINSURANCE Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 2009 2008 2008 200
Slide 8: U.S. Reinsurance
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) U.S. REINSURANCE Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 2009 2008 2008 2008
Slide 9: Specialty Underwriting (reinsurance)
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) SPECIALTY UNDERWRITING (reinsurance) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009
Slide 10: International (reinsurance)
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) INTERNATIONAL (reinsurance) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 2009 200
Slide 11: Bermuda (reinsurance)
EVEREST RE GROUP, LTD. Segment Results (cont.) (Dollars in thousands) (unaudited) BERMUDA (reinsurance) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2009 2008 2009 2009 2009 2009 2008 2008
Slide 12: Supplemental Investment Portfolio Analysis
EVEREST RE GROUP, LTD. Supplemental Investment Portfolio Analysis (Dollars in thousands) (unaudited) INVESTMENTS AND CASH At December 31, 2009 At December 31, 2008 Pre-tax Pre-tax Cost/ Unrealized Cost/ Unrealized Investments and cash: Market Value Amortized Cost Gains/(Losses) Market Value Amortize
Slide 13: Investment Portfolio Analysis (cont.) - Fixed Income and Cash
EVEREST RE GROUP, LTD. Supplemental Investment Portfolio Analysis (cont.) (Dollars in thousands) (unaudited) FIXED INCOME AND CASH (cont.) December 31, 2009 December 31, 2008 Unrealized Unrealized Top 20 Largest Corporate Fixed Income Positions: Market Value Gain / (Loss) Top 20 Largest Corporate Fi
Slide 14: Investment Portfolio Analysis (cont.) - Equities
EVEREST RE GROUP, LTD. Supplemental Investment Portfolio Analysis (cont.) (Dollars in thousands) (unaudited) EQUITIES December 31, 2009 December 31, 2008 Top 20 Largest Equity Positions: Market Value Top 20 Largest Equity Positions: Market Value HSBC French Government Bond Fund - Class C $ 16,288 HS
Slide 15: Investment Income and Realized Capital (Losses) Gains
EVEREST RE GROUP, LTD. Supplemental Investment Income and Realized Capital (Losses) Gains (Dollars in thousands) (unaudited) Twelve Months Ended Three Months Ended December 31, December 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, NET INVESTMENT INC
Slide 16: Asbestos Exposures as of December 31, 2009
EVEREST RE GROUP, LTD. Asbestos Exposures as of December 31, 2009 (Dollars in thousands) (unaudited) End of 3 Yr 4th Qtr. Period Survival 2009 Reserves Ratio Incurred ITD Incurred Direct Operations - Gross: Settlements in place (1) $ 37,295 NA $ 3 $ 580,426 Unsettled claims 21,829 NA (140) 342,767 I