Moody’s rates Everest Re’s senior notes Baa1
New York , September 29, 2021 – Moody's Investors Service has assigned a Baa1 rating to $1 billion of 3.125% senior unsecured notes due 2052 being issued by Everest Reinsurance Holdings, Inc. (Holdings), wholly owned by Everest Re Group, Ltd. (NYSE: RE, Everest Re), off its multi-purpose shelf r...Everest Re Group is a holding company. Through its subsidiaries, the company underwrites reinsurance and insurance in the United States, Bermuda and international markets. The company's segments are: U.S. Reinsurance, which writes property and casualty reinsurance and specialty lines of business, including Marine, Aviation, Surety and Accident and Health business; International, which focuses on the international reinsurance markets; Bermuda, which writes property and casualty reinsurance and property and casualty reinsurance; and Insurance, which writes property and casualty insurance through agents, wholesale and retail brokers and surplus lines brokers in the United States, Canada, Ireland, Bermuda.
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