ASBESTOS UPDATE: Everest Re Has $505.1MM June 30 Gross Reserves

Everest Re Group, Ltd., at June 30, 2011, had gross asbestos loss reserves of US$505.1 million, or 95.9%, of total asbestos and environmental reserves, of which US$403.1 million was for assumed business and U $102 million was for direct business.

The…

ASBESTOS UPDATE: Everest Reserves $517.4MM at March 31 for A&E

Everest Re Group, Ltd.’s net reserves for asbestos and environmental exposures amounted to US$517.4 million during the three months ended March 31, 2011, compared with US$600.2 million during the three months ended March 31, 2010.

The Company’s gross reserves for A&E…

ASBESTOS UPDATE: Everest Re Has Net Reserves of $532.9MM for A&E

Everest Re Group, Ltd.’s net reserves for asbestos and environmental claims were US$532.9 million during the year ended Dec. 31, 2010, compared with US$613.1 million during the year ended Dec. 31, 2009.

The Company’s gross reserves for A&E claims were US$554.8…

ASBESTOS UPDATE: Everest Has $595.8MM Gross Reserves at March 31

Everest Re Group, Ltd., at March 31, 2010, had gross asbestos loss reserves of US$595.8 million, or 95.3 percent, of total asbestos and environmental reserves, of which US$465.9 million was for assumed business and US$129.9 million was for direct business.

The…

ASBESTOS UPDATE: Everest Gross A&E Reserve at $638.7M at Dec. 31

Everest Re Group, Ltd.’s gross asbestos- and environmental- related reserves were US$638.7 million at Dec. 31, 2009, compared with US$786.8 million at Dec. 31, 2008, according to the Company’s annual report filed on March 1, 2010 with the U.S. Securities…

ASBESTOS UPDATE: Everest Re Records $705.4MM Reserves at June 30

Everest Re Group, Ltd.’s gross reserves for asbestos and environmental exposures were US$705.4 million during the three and six months ended June 30, 2009, compared with US$871 million during the three and six months ended June 30, 2008.

The Company’s gross…

ASBESTOS LITIGATION: Everest Re Has $768.8M Reserves at March 31

Everest Re Group, Ltd.’s gross reserves for asbestos and environmental claims were US$768.8 million during the three months ended March 31, 2009, compared with US$901 million during the three months ended March 31, 2008.

The Company’s gross reserves for A&E losses…

ASBESTOS LITIGATION: Everest Has $786.9M A&E Reserves at Dec. 31

Everest Re Group, Ltd.’s gross reserves for asbestos and environmental losses were US$786.9 million during the year ended Dec. 31, 2008, compared with US$922.8 million during the year ended Dec. 31, 2007.

The Company’s gross reserves for A&E exposures were US$854.2…