Best Affirms A+ Rating of Everest Re

A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Everest Re Group, Ltd's (NYSE: RE), Bermuda, core operating reinsurance and insurance subsidiaries as well as the "a" debt rating of the unsecured senior notes issued by the intermediate U.S. holding company, Everest Reinsurance Holdings, Inc. These ratings reflect Everest Re's consistent earnings trends, strong capital position and well-established global reinsurance franchise. Underlying these strengths are the strategies employed by its long-term experienced management team, which emphasizes underwriting discipli...