Everest Re Group Ltd. (RE) 2007年年度报告「NYSE」.pdf

1、2007 Annual ReportEverest Re Group,Ltd.is a Bermuda holding company that operates through the following subsidiaries:Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S.and international markets.Everest Reinsurance(Bermuda),Ltd.,including its United Kin

2、gdom branch,provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers.Everest National Insurance Company,Everest Security Insurance Company and Everest Indemnity Insurance Company provide property and casualty insurance to policyholders in the Uni

3、ted States on admitted and excess and surplus lines bases.Everest Re Group,Ltd.(RE)Twelve Year Comparative Return*RE vs.S&P500 Index*Includes stock appreciation and dividendsRE Shares450%S&P 500RE400%350%300%250%200%150%100%50%0Oct-951995199619971998199920002001200220032004200520062007RE SharesS&P 5

4、00 Index(in millions,except per share data)20072006200520042003Balance SheetTotal assets$17,999.5$17,107.6$16,474.5$15,072.8$12,689.5Shareholders equity5,684.85,107.74,139.73,712.53,164.9Book value per common share90.4378.5364.0466.0956.84ResultsGross written premiums$4,077.6$4,000.9$4,108.6$4,704.1

5、$4,573.8Net pre-tax investment income682.4629.4522.8495.9402.6Net after-tax investment income580.6541.8450.8418.2346.9After-tax operating income(loss),excluding realized gains(losses)*$776.9$817.9$(286.1)$425.3$456.0 per basic common share12.3112.64(4.96)7.618.44 per diluted common share12.2112.52(4

6、.96)7.488.29Net income(loss)$839.3$840.8$(218.7)$494.9$426.0 per basic common share13.3012.99(3.79)8.857.89 per diluted common share13.1912.87(3.79)8.717.74Financial RatiosCombined ratio91.6%89.7%120.3%99.0%95.3%After-tax operating return*on average adjusted equity14.6%18.7%(7.8)%13.5%18.1%Net incom