8-K

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)

(January 22, 2025)

Everest Group, Ltd.

(Exact name of registrant as specified in its charter)

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

(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:

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.

Today, Everest Group, Ltd. (the "Company") announced that its Board of Directors has appointed Jim Williamson as President and Chief Executive Officer, effective immediately. The terms of Mr. Williamson’s employment will be as set forth in an Employment Agreement to be negotiated in good faith with the Company’s Board of Directors and filed with the Company’s 10-K in February 2025. A press release announcing the appointment is attached hereto as Exhibit 99.1.

ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS

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.

EXHIBIT INDEX

Document

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 Group Appoints Jim Williamson as Permanent Chief Executive Officer

HAMILTON, Bermuda -- (BUSINESS WIRE) – January 22, 2025 – Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that its Board of Directors has appointed Jim Williamson as President and Chief Executive Officer, effective immediately.

"Over the past four years, Jim has consistently demonstrated sound judgement and value creation at Everest, earning the respect of his colleagues and the Board,” said Chairman of the Board Joseph Taranto. “Jim’s extensive industry experience, deep knowledge of the Company and outstanding performance make him the right person to lead the next chapter for Everest.”

Mr. Williamson was most recently Everest’s Acting CEO. Prior to that, he served as the Company’s EVP and Group COO, and Head of the Reinsurance and Insurance Divisions. He has held roles of increasing seniority since joining Everest as Group COO in 2020. His career in the industry, with senior positions at The Hartford, Chubb and ACE, spans over two decades, and covers all aspects of the P&C industry, including commercial, specialty and consumer business lines in the US and overseas.

“I want to thank the Board for this opportunity and their confidence in my ability to lead Everest through a pivotal time in the Company’s evolution,” said Williamson. “Everest is uniquely positioned, with exceptional talent and a growing global franchise, to unlock future potential. I look forward to working closely with our Board and the entire Everest team as we focus on delivering sustainable value for our shareholders, clients and colleagues.”

About Everest

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.