Moody's Assigns Ratings to Everest Re Shelf Registration

Moody's Investors Service announced yesterday that it has assigned prospective ratings to the $975 million universal shelf registration of Everest Re Group, Ltd. ("Everest Re Group" -- prospective senior unsecured debt at (P)A2), Everest Reinsurance Holdings, Inc. ("Everest Re Holdings" -- prospective senior unsecured debt at (P)A3), and Everest Re Capital Trusts II and III (prospective preferred securities at (P)Baa1). Moody's also affirmed the insurance financial strength ratings of Everest Reinsurance Company and Everest Reinsurance (Bermuda), Ltd. ("Everest Re Bermuda") at Aa3, the ratings...