1、2012Annual ReportEvErEst rEinsurancE companyProvides reinsurance to property and casualty insurers in both the United States and international markets.EvErEst rEinsurancE(BErmuda),Ltd.Including its United Kingdom branch,provides reinsurance and insurance to worldwide property and casualty markets an
2、d reinsurance to life insurers.EvErEst rEinsurancE company(irELand),LimitEdProvides reinsurance to non-life insurers in Europe.EvErEst nationaL insurancE company,EvErEst sEcurity insurancE company and EvErEst indEmnity insurancE companyProvide property and casualty insurance to policyholders in the
3、United States on admitted and excess and surplus lines bases.EvErEst insurancE company of canadaProvides property and casualty insurance to policyholders in Canada.is a Bermuda holding company that operates through the following subsidiariesEverest Re Group,Ltd.1Everest Re Group,Ltd.2012 Annual Repo
4、rtFinancial Highlights(in millions,except per share data)20122011201020092008Balance Sheet Total assets$19,777.9$18,893.6$18,384.2$17,970.9$16,814.3 Shareholders equity6,733.56,071.46,283.56,101.74,960.4 Book value per common share130.96112.99115.45102.8780.77ReSultS Gross written premiums$4,310.5$4
5、,286.2$4,200.7$4,129.0$3,678.1 Net pre-tax investment income600.2620.0653.5547.8565.9 Net after-tax investment income510.3535.2570.5493.3479.2 After-tax operating income(loss),excluding realized gains(losses)*$715.2$(93.6)$518.1$763.7$562.7 per basic common share13.67(1.73)9.1112.559.10 per diluted
6、common share13.62(1.73)9.0812.519.10 Net income(loss)$829.0$(80.5)$610.8$807.0$(18.8)per basic common share15.85(1.49)10.7313.26(0.30)per diluted common share15.79(1.49)10.7013.22(0.30)Financial RatioS Combined ratio93.8%118.5%102.8%89.1%95.2%After-tax operating return*on average adjusted equity12.2