everestre-20250324

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)

(March 24, 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 8.01 Other Information

Today, Everest Group, Ltd. (the "Company") announced the retirement of Joseph V. Taranto as Chair of the Company's Board of Directors (the "Board"), effective upon the conclusion of the Annual Meeting of Shareholders in May 2025. The Company also announced John Graf, current independent board member, has been nominated by the Board for election to succeed Mr. Taranto as Board Chair at the May 2025 Annual Meeting of Shareholders. The Company issued a press release which is attached hereto as Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS


(d)	Exhibits

	Exhibit No.	Description

	99.1	News Release of the Registrant, dated March 24, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company 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: March 24, 2025

EXHIBIT INDEX


Exhibit Number						Description of Document

99.1						News Release of the Company, dated March 24, 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 Announces Board Leadership Transition

HAMILTON, Bermuda -- (BUSINESS WIRE) – March 24, 2025 – Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, announced that Joseph V. Taranto, current Board Chair, will retire from the role when his term expires in May. Mr. Taranto has served as Chairman of Everest’s Board since 1994 and as Chief Executive Officer from 1994 through 2013.

The Company also announced John Graf, current independent board member since 2016, and non-Executive Vice Chairman of Global Atlantic Financial Group, has been nominated by the Board for election to succeed Mr. Taranto as Chair at the May 2025 Annual Shareholders Meeting.

“We are deeply grateful for Joe’s steadfast leadership and commitment to Everest over several decades,” said Jim Williamson, Everest President and CEO. “Under Joe’s guidance, Everest has grown into a global P&C market leader with significant value potential. Looking to the future, we are delighted to nominate John to build on this strong foundation. John is a proven asset to our Board, providing experience and insight that supports Everest’s next chapter and our strategy to deliver exceptional service and shareholder returns.”

“I have had the privilege of steering Everest through many facets of growth and milestones including its early evolution as a public company and its expansion into key global insurance markets,” said Mr. Taranto. “I want to thank my esteemed fellow directors, as well as Jim and his management team, for their dedication and partnership over the years. I am confident that Everest is positioned with the right talent and platform for a new era of opportunity and continued success in the future.”

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.