everestre-20250623

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

(June 23, 2025)

Everest Group, Ltd.

(Exact name of registrant as specified in its charter)


Bermuda	1-15731	98-0365432

(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

Seon Place – 4th Floor 141 Front Street PO Box HM 845 Hamilton, Bermuda		HM 19

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 441-295-0006


Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Class

Trading Symbol(s)

Name of Exchange where registered

Common Shares, $0.01 par value

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 12(a) of the Exchange Act. ☐


ITEM 5.02			Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

The Board of Directors (the "Board") of Everest Group, Ltd. (the "Company") voted to expand its size to 11 members and elected Allan Levine to serve on the Board, effective June 23, 2025. Mr. Levine will receive an annual retainer of $125,000 pro-rated based on the date that he joined the Board and a grant of restricted shares with a fair market value of $325,000 pursuant to the 2003 Non-Employee Director Compensation Plan (the "Director Compensation Plan"). A press release announcing Mr. Levine's appointment is attached hereto as Exhibit 99.1.

On a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on May 20, 2025, the Company disclosed that Darryl Page had been elected to the Board. Effective June 23, 2025, Mr. Page received a grant of restricted shares with a fair market value of $325,000 pursuant to the Director Compensation Plan.

Effective as of June 23, 2025, the Board has carried out a reorganization of its Committee structure and appointed Messrs. Levine and Page to Committees. Below are the members of each of the Board's Committees:

Audit Committee:

Compensation Committee:

Nominating & Governance Committee:

Meryl Hartzband (Chair)

Gerri Losquadro (Chair)

John Amore (Chair)

William Galtney, Jr.

John Amore

William Galtney, Jr.

John Howard

Hazel McNeilage

Allan Levine

Gerri Losquadro

Darryl Page

Roger Singer

Investment Policy Committee:

Risk Management Committee:

Technology & Cyber Committee:

John Graf (Chair)

William Galtney, Jr. (Chair)

Hazel McNeilage (Chair)

Meryl Hartzband

John Amore

Meryl Hartzband

Allan Levine

Darryl Page

Jim Williamson

Gerri Losquadro

Jim Williamson

Hazel McNeilage

Darryl Page

Jim Williamson

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS


(d)	Exhibits

	Exhibit No.	Description

	99.1	News Release of the Company dated June 23, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EVEREST GROUP, LTD.

By:

/S/ ROBERT J. FREILING

Robert J. Freiling

Senior Vice President and

Chief Accounting Officer

Dated: June 23, 2025

EXHIBIT INDEX


Exhibit Number						Description of Document

99.1						News Release of the Company, dated June 23 , 2025

104						Cover Page Interactive Data File (embedded within the Inline XBRL document


NEWS RELEASE

EVEREST GROUP, LTD.

Seon Place, 141 Front Street, 4th Floor, Hamilton HM 19, Bermuda

Contacts

Media: Dawn Lauer Investors: Matt Rohrmann

Chief Communications Officer Head of Investor Relations

908.300.7670 908.604.7343

Everest Enhances Board of Directors with Appointment of Allan Levine

HAMILTON, Bermuda – (BUSINESS WIRE) – June 23, 2025 – Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced that Allan Levine has been appointed as an independent, non-executive member of its Board of Directors.

Mr. Levine is the latest addition to Everest’s expanding Board, following the Company’s recent appointments of Darryl Page and John Howard.

Mr. Levine’s proven record of value creation across insurance and financial markets spans his three-decade career. He is Co-Founder and Executive Chairman of Global Atlantic, a leading insurance company and wholly owned subsidiary of KKR & Co. Inc., where he is a Partner. Previously, Mr. Levine was Chairman and CEO of Global Atlantic, where he spent 12 years leading the firm’s evolution and growth strategy, achieving significant scale across diverse markets globally and $190B of assets under management. Previously, he was CEO of Goldman Sachs Reinsurance Group, where Global Atlantic was established. During his 16- year tenure at Goldman Sachs, Mr. Levine played an integral role as Partner and Co-Head of Firm-Wide Strategy.

Mr. Levine currently serves on the Board of the American Council of Life Insurers, the Advisory Board for the Tamer Center for Social Enterprise at Columbia Business School and the Board of the Nantucket Boys & Girls Club. Mr. Levine holds a B.S. from Miami University (Ohio) and an M.B.A. from Columbia Business School.

“We are thrilled to welcome Allan to Everest’s Board. Allan is an exceptional leader, bringing deep strategic acumen, industry knowledge and an entrepreneurial approach that have proven invaluable in guiding the growth and success of world-class financial institutions,” said John Graf, Everest Chairman. “We will leverage Allan’s experience and insights to execute on our long-term strategy and capitalize on the significant potential of our global platform.”

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.