Insider Trader Watch: Everest Re Group, Ltd. $RE

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Everest Re Group, Ltd. (NYSE:RE) insider have most recently took part in a trading activity. On Jan 8, 2018 Graf John A, Director bought 2,285 shares having total worth of $500,575 at the price of $219.07 per share, following the transaction a total of 5,550 shares owned by Graf John A.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 6 times by insiders. In 4 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -13.91%
12 Month 2 4 20.02%

Shares of Everest Re Group, Ltd. (NYSE:RE) traded up 0.91% on Jan 4, 2018, hitting $221.77. 431,824 shares of the company’s stock traded hands. Everest Re Group, Ltd. has a 52 week low of $184.24 and a 52 week high of $271.12. The company’s market cap is $8,030 million.

Everest Re Group, Ltd. (NYSE:RE) last announced its earnings results on Oct 30, 2017. The company reported -16.43 earnings per share (EPS) for the quarter, lower than the consensus estimate of -15.99 by $0.44. The company had revenue of $1,599 million for the quarter, compared to the consensus estimate of $1,480 million. During the same quarter in the previous year, the company posted 6.53 earnings per share. The company’s revenue for the quarter was up 17% on a year-over-year basis.

2017-10-30 2017-07-24 2017-04-24 2017-02-06 2016-10-24 2016-07-25 2016-04-25 2016-02-03 2015-10-26 2015-07-27
earnings per share -16.43 5.51 6.29 8.83 6.53 3.17 5.19 8.17 4.53 5.03
Revenue(M) 1599 1370 1312 1441 1371 1428 1219 1428 1414 1332

Everest Re Group, Ltd., was established in 1999. The Company, through its subsidiaries, provides reinsurance and insurance in the U.S., Bermuda and international markets. The Company’s main business, conducted through its operating segments, is the underwriting of reinsurance and insurance in the U.S., Bermuda and international markets. Bermuda Re, a Bermuda insurance company and a direct subsidiary of Group, is registered in Bermuda as a Class 4 insurer and long-term insurer and is authorized to write property and casualty and life and annuity business. Bermuda Re commenced business in the second half of 2000. Bermuda Re’s UK branch writes property and casualty reinsurance to the United Kingdom and European markets. Everest International Reinsurance, Ltd. or Everest International, a Bermuda insurance company and a direct subsidiary of Group, is registered in Bermuda as a Class 4 insurer and long term insurer and is authorized to write property and casualty business and life and annuity business. Through 2008, all of Everest International’s business has been inter-affiliate quota share reinsurance assumed from Everest Re and the UK branch of Bermuda Re. Everest Re, a Delaware insurance company and a direct subsidiary of Holdings, is a licensed property and casualty insurer and/or reinsurer in all states, the District of Columbia and Puerto Rico and is authorized to conduct reinsurance business in Canada, Singapore and Brazil. Everest Re underwrites property and casualty reinsurance for insurance and reinsurance companies in the U.S. and international markets. Everest National Insurance Company or Everest National, a Delaware insurance company and a direct subsidiary of Everest Re, is licensed in 47 states and the District of Columbia and is authorized to write property and casualty insurance on an admitted basis in the jurisdictions in which it is licensed. The majority of Everest National’s business is reinsured by its parent, Everest Re. Everest Indemnity Insurance Company or Everest Indemnity, a Delaware insurance company and a direct subsidiary of Everest Re, writes excess and surplus lines insurance business in the U.S. on a non-admitted basis. Excess and surplus lines insurance is specialty property and liability coverage that an insurer not licensed to write insurance in a particular jurisdiction is permitted to provide to insureds when the specific specialty coverage is unavailable from admitted insurers. Everest Indemnity is licensed in Delaware and is eligible to write business on a non-admitted basis in all other states, the District of Columbia and Puerto Rico. The majority of Everest Indemnity’s business is reinsured by its parent, Everest Re. Everest Security Insurance Company or Everest Security, a Georgia insurance company and a direct subsidiary of Everest Re, writes property and casualty insurance on an admitted basis in Georgia and Alabama. Mt. McKinley, a Delaware insurance company and a direct subsidiary of H

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.