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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)
May 20, 2025 (May 15, 2025)
Everest Group, Ltd.
(Exact name of registrant as specified in its charter)
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| Bermuda | 1-15731 | 98-0365432 |
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| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
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Seon Place – 4th Floor 141 Front Street PO Box HM 845 Hamilton, Bermuda | HM 19 |
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| (Address of principal executive offices) | (Zip Code) |
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:
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| Class | | Trading Symbol(s) | | Name of Exchange where registered |
| Common Shares, $0.01 par value | | EG | | 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. ☐
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| 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") elected Darryl Page to serve on the Board, effective May 15, 2025. Mr. Page will receive an annual retainer of $125,000, pro-rated based on the date of his election to 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, effective upon formal approval by the Board in September. A press release announcing Mr. Page's appointment is attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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| (d) | Exhibits | | |
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| Exhibit No. | | Description |
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| 99.1 | | News Release of the Company dated May 20, 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.
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| | EVEREST GROUP, LTD. |
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| By: | /S/ ROBERT J. FREILING |
| | Robert J. Freiling |
| | Senior Vice President and Chief Accounting Officer |
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Dated: May 20, 2025
EXHIBIT INDEX
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Exhibit
Number | | Description of Document | |
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| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL 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 Expands Board of Directors with Appointment of Darryl Page
HAMILTON, Bermuda – (BUSINESS WIRE) – May 20, 2025 – Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced the addition of Darryl Page as an independent, non-executive member of its Board of Directors.
Mr. Page is a highly regarded insurance executive, bringing over four decades of leadership experience at high-performing complex global organizations. During his 12-year career at Chubb, he served as Division President of International Personal Lines. There, he led a profitable, multi-billion-dollar portfolio and operations in 52 countries, driving the company’s international insurance expansion across Europe, Latin America and Asia. He also established and led the agency distribution strategy for Chubb Overseas General, generating over a billion dollars in profitable growth. Additionally, Mr. Page served as Chief Culture Officer, where he spearheaded robust leadership programs supporting diverse talent.
Prior to Chubb, Mr. Page served in various executive leadership positions at prominent insurers, as the President of Personal Insurance at Fireman’s Fund, an Allianz Company, as well as at Allstate, where he spent three decades across underwriting product management, distribution, and general management. He currently serves as a Trustee, Treasurer and Chair-Elect on the Board of Dominican University of California, and he holds a BS, Economics from Santa Clara University.
John Graf, recently approved as Everest Chairman, commented on the appointment, “We are delighted to add Darryl to the Everest board. He brings a wealth of experience successfully scaling profitable insurance businesses through complex markets globally. In addition, his history of developing high performing, accretive cultures will be invaluable as Everest executes on its value creation strategies.”
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.
