1、Two Thousand and Eleven Annual ReportEverest Re Group,Ltd.EvErEst 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 w
2、orld-wide property and casualty markets and 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 c
3、asualty insurance to policyholders in the United States on admitted and excess and surplus lines bases.EvErEst insurancE company of canadaProvides property and casualty insurance to policyholders in Canada.Everest Re Group,Ltd.is a Bermuda holding company that operates through the following subsidia
4、ries1Financial Highlights(in millions,except per share data)20112010200920082007Balance Sheet Total assets$18,893.6$18,384.2$17,970.9$16,814.3$17,968.9 Shareholders equity6,071.46,283.56,101.74,960.45,684.8 Book value per common share112.99115.45102.8780.7790.43ReSultS Gross written premiums$4,286.2
5、$4,200.7$4,129.0$3,678.1$4,077.6 Net pre-tax investment income620.0653.5547.8565.9682.4 Net after-tax investment income535.2570.5493.3479.2580.6 After-tax operating income(loss),excluding realized gains(losses)*$(93.6)$518.1$763.7$562.7$776.9 per basic common share(1.73)9.1112.559.1012.27 per dilute
6、d common share(1.73)9.0812.519.1012.17 Net income(loss)$(80.5)$610.8$807.0$(18.8)$839.3 per basic common share(1.49)10.7313.26(0.30)13.25 per diluted common share(1.49)10.7013.22(0.30)13.15Financial RatioS Combined ratio118.5%102.8%89.1%95.2%91.3%After-tax operating return*on average adjusted equity