Everest completes ~$1.5bn capital raise
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Everest completes ~$1.5bn capital raise

everest logo stock exchanges.jpg

Everest Re Group has completed a fully subscribed offering of 4.14 million shares at $360 per share for net proceeds of ~$1.5bn, confirming earlier reports from this publication.

The company reiterated that it will use the proceeds for general corporate purposes, including expanding its existing business lines and operations.

Inside

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article