1、EvErEst rE Group,Ltd.2019 CORPORATE RESPONSIBILITY REPORT19TABLE OF CONTENTSLETTER FROM THE PRESIDENT AND CEO 1 SUSTAINABILITY AT EVEREST 2 Our Values 2 Some of Our Goals for 2020 3 Governance of Sustainability 3OUR COMPANY 4 MAP OF GLOBAL OPERATIONS 4 PRODUCTS OFFERED 4 ABOUT EVEREST RE GROUP,LTD.6
2、 Our Board of Directors 6 Board Committees 8 Governance 9OUR WORK 10 ECONOMIC PERFORMANCE 10 Product Innovation 12 Awards&Recognition 12 Ratings 13 INVESTMENTS 14 Investments 14 Responsible Investment 15 Principles of Responsible Investment 16 RISK MANAGEMENT 17 CYBERSECURITY AND FRAUD PREVENTION 18
3、 Cybersecurity 18 Fraud Prevention 19 Anti-Money Laundering 19 Anti-Corruption 19OUR PLANET 20 CLIMATE CHANGE POLICY 20 Policy 20 Memberships 20 Underwriting&Risk Management Mitigation 21 Our Own Footprint 22 Goals for 2020 22OUR PEOPLE 24 OUR EMPLOYEES 24 Diversity and Inclusion 24 Employee Surveys
4、 25 Womens Networking Group 25 TALENT DEVELOPMENT 26 Early Talent Development 26 Leadership Development 27 Business Area Development 27 SUPPORTING OUR EMPLOYEES 28 Benefits 28 Employee Health&Wellness 29OUR COMMUNITY 30 EVEREST CHARITABLE OUTREACH 30ABOUT THIS REPORT 32 STAKEHOLDERS 32 MATERIALITY 3
5、3 PERFORMANCE TABLES 3 4 Employment 3 4 Energy 3 9 GRI CONTENT INDEX 4 0At Everest,we believe that the future is determined by actions taken today.At no time is this refrain more relevant than today as we challenge ourselves to meet the effects of global climate change on sustainability,governance a
6、nd ensuring protection for our customers and clients.In this regard,we recognize the importance of our industry in capital management and sustainability as a risk transfer mechanism which can be helpful to our global customers in mitigating the volatility associated with climate change.Moreover,as g
7、ood corporate citizens in the communities where our employees work as well as conduct business,we take seriously our social responsibilities to our employees and their families,the environment and those less fortunate.We believe that corporate social responsibility starts at the top with our board o
8、f directors and senior management,and extends to every one of our employees worldwide.We continuously strive to maintain an ethical and innovative presence in our industry,be responsible members of the communities in which we operate and provide a dynamic,diverse and inclusive workplace for our empl
9、oyees to develop professionally.This report explains our commitments as responsible members of the community and to ensure sustainability.For instance,as a commitment to responsible investing with respect to our sizable investment portfolio,we are signatories to the United Nations supported Principl
10、es for Responsible Investment,agreeing to formally incorporate Environmental,Social,and Governance(“ESG”)factors into our investment decision-making process.Further,our new headquarters building in New Jersey will contain eco-friendly features and energy saving amenities to help reduce our carbon fo
11、otprint.The building is fully LEED compliant to maximize energy efficiency and contains charging stations for electric vehicles.The space is specially designed to promote an environmental conscience in the workplace,employee wellness and mental health and a productive and innovative space for the ex
12、change of ideas.We emphasize diversity at all levels of our organization.We have two highly respected women as members of our Board reflecting the Boards commitment to identify highly qualified women and individuals from minority groups to include in the pool of Director candidates.Reaching the peak
13、s of success in the future requires taking the first steps today.We are proud of the steps we have already taken,and are equally excited about the steps yet to come.Please join us as we take the next step toward a strong,sustainable future.Thank you,Juan C.AndradePresident and Chief Executive Office
14、rLETTER FROM THE PRESIDENT AND CEOJuan C.Andrade,President and Chief Executive Officer2019 CORPORATE RESPONSIBILITY REPORT/PG 01VALUEVALUEVALUEVALUEProviding an inclusive environment that offers employees the opportunity to further their professional developmentSupporting our communities through the
15、 donation of time and financial resourcesBeing an industry innovator to solve complex global risks,and serving as a protective back-stop at those times when our clients need us most1 3 2 4 Maintaining our integrity through all aspects of the companyPG 02/EVEREST RE GROUPWE BELIEVE THAT A SUSTAINABLE
16、 FUTURE FOR OUR COMPANY MUST ENCOMPASS THE VALUES IMPORTANT TO OUR CUSTOMERS,EMPLOYEES AND THE COMMUNITIES IN WHICH WE OPERATE.THESE VALUES DEFINE OUR CORPORATE RESPONSIBILITY AND GUIDE US TO MAINTAIN SUSTAINABILITY.SUSTAINABILITY AT EVEREST 2019 CORPORATE RESPONSIBILITY REPORT/PG 03GOVERNANCE OF SU
17、STAINABILITYIn 2017,the Everest Board of Directors formally memorialized the oversight of the Companys sustainability and ESG practices within the Nominating and Governance Committee charter.Officers within the Company monitoring sustainability and ESG issues,with periodic feedback and reports to th
18、e Board,include but are not limited to Everests General Counsel and Chief Compliance Officer and Everests Chief Financial Officer.2019 HIGHLIGHTSPUBLISHING THIS REPORTWe are pleased to present our inaugural Corporate Responsibility Report prepared in accordance with Global Reporting Initiatives univ
19、ersally recognized standards.The genesis of this report arose from meetings with our shareholders,and their various suggestions for improving disclosures relating to our Environmental,Social and Governance and Sustainability efforts and achievements.As a living document,this report will continue to
20、evolve over time to accurately reflect our commitment to the evolving trends and best practices for Environmental,Social Governance and Sustainability.BECOMING A SIGNATORY TO THE UNITED NATIONS SUPPORTED PRINCIPLES OF RESPONSIBLE INVESTMENT(THE“UN-PRI”)We are proud signatories to the UN-PRI,the lead
21、ing proponent of responsible investment in the world.In doing so,we are committed to upholding the Principles of Responsible Investment and to incorporating ESG factors into our investment decision-making processes.OUR NEW ECO-FRIENDLY U.S.HEADQUARTERS IN WARREN,NEW JERSEYWe are looking forward to m
22、oving into our new operational and executive U.S.Headquarters.Expected to have numerous green amenities,the building is being specifically designed to foster an innovative and productive workspace for our U.S.head office.BEING RANKED AS ONE OF THE WORLDS BEST EMPLOYERS 2019,AND ONE OF THE 2019 BEST
23、PLACES TO WORK IN INSURANCE In September 2019,Business Insurance announced that Everest Insurance was named among the 2019 Best Places to Work in Insurance,an award given to companies which have created the industrys best environment for employees to work and grow.This was followed by Forbes Media a
24、nnouncing that Everest Re Group,Ltd.was recognized as one of the Worlds Best Employers in 2019.We are very proud to have been recognized by these awards for our commitment to promoting a healthy,dynamic and diverse workplace,culture and environment.SOME OF OUR GOALS FOR 2020Establishment of a better
25、 system of emissions and energy usage tracking for our leased office spaceContinue our efforts to enhance our privacy and data risk program Publication of disclosures compliant with the Sustainability Accounting Standards Board(SASB)Further implementation of the UN-PRI and collaboration with third-p
26、arty asset managers to ensure compliance with the bedrocks of the UN-PRI PrinciplesWork with the architect and contractors of the new U.S.Headquarters toward implementation of our sustainability goals for the siteContinue sustainability efforts Company-wide UNITED STATESSOUTH AMERICABERMUDAASIASan F
27、rancisco,CAWalnut Creek,CALos Angeles,CAIndianapolis,INChicago,ILHouston,TXTampa,FLAtlanta,GAMiami,FLU.S.Headquarters Liberty Corner,NJNew York,NYBoston,MASo Paulo,BrazilCorporate Headquarters Hamilton,BermudaSingaporeEUROPECANADAToronto,CanadaBrussels,BelgiumDublin,IrelandLondon,EnglandZurich,Switz
28、erlandPG 04/EVEREST RE GROUPMAP OF GLOBAL OPERATIONS OUR COMPANYReinsurance 70%Insurance 30%Property ProRata 31%Casualty ProRata 23%Property Cat XOL 18%Casualty XOL 11%Financial Lines 9%Property Non-Cat XOL 8%Specialty Casualty 29%Workers Comp 21%Short Tail 19%Professional Liability 14%A&H 12%Other
29、Specialty 5%PRODUCTS OFFEREDBUSINESS MIXREINSURANCEINSURANCEU.S.HEADQUARTERS477 Martinsville RoadP.O.Box 830Liberty Corner,NJ 07938-0830 USTel:+1(908)604-3000Tel:+1(800)269-6660Fax:+1(908)604-3322CORPORATE HEADQUARTERSSeon Place,4th Floor141 Front Street,P.O.Box HM 845Hamilton HM 19,BermudaTel:+(441
30、)295-0006Tel:+(866)233-0686Fax:+(441)295-48282019 CORPORATE RESPONSIBILITY REPORT/PG 05ABOUT EVEREST RE GROUP,LTD.Governance is a continuing focus at the Company,starting with the Board and extending to management and all employees.The Board reviews the Companys policies and business strategies and
31、advises and counsels the CEO and the other executive officers who manage the Companys businesses.As such,our commitment to Board integrity and strong governance helps us compete effectively,sustain our success over dynamic economic cycles and build long-term shareholder value.BOARD COMPOSITION AND D
32、IVERSITYOne of the most important elements of strong corporate governance is maintaining a diverse and independent Board of Directors.Our Board believes that it is essential that directors represent diverse perspectives,skills and experience.The Boards Nominating and Governance Committee strives to
33、identify candidates who can best perpetuate the success of our business and represent shareholder interest through the exercise of sound judgment honed by diverse experiences and perspectives.When evaluating the qualifications,experiences and backgrounds of director candidates,the Board reviews and
34、discusses many aspects of diversity,such as gender,age,ethnicity,education,professional experience,personal accomplishments and differences in viewpoints and skills.The Board operates subject to the Companys Corporate Governance Guidelines,which further outline qualification requirements for Directo
35、rs.DIRECTOR INDEPENDENCEKeeping a majority of the Board independent from Company management is a key tenet of our strong corporate governance.Our Board of Directors has established criteria for determining independence for directors.This determination,which is outlined in depth in the Companys Corpo
36、rate Governance Guidelines,applies to prospective director candidates and to our current Board.Currently,seven of our nine directors qualify as independent.Additionally,100%of the Audit Committee,Compensation Committee and Nominating and Governance Committee meet the further independence requirement
37、s set forth by the charters of those committees.COMMITTEESThe Board conducts its business through its regular meetings and through meetings of its committees.The Board operates its committees in a collaborative fashion with meetings of each committee being open to informational attendance by non-com
38、mittee Board members and executives.This fosters rigorous discussion,cross-committee information sharing and risk identification and allows for more informed oversight.PG 06/EVEREST RE GROUPOUR BOARD OF DIRECTORS2019 CORPORATE RESPONSIBILITY REPORT/PG 07OUR BOARD OF DIRECTORSAUDIT COMMITTEECOMPENSAT
39、ION COMMITTEEAssists in oversight of the integrity of:Financial statements Enterprise risk management Legal and regulatory compliance Auditor qualifications and independence Internal audit function and performancePerforms the Boards responsibilities relating to:Compensation of Company executive offi
40、cers and senior financial officers Review of compensation decisions with management Evaluation of compensation arrangements for possible risks to the Company Members:7Members:7Independence:100%Independence:100%EXECUTIVE COMMITTEEINVESTMENT POLICY COMMITTEEEngages in:Special projects at the behest of
41、 the Board Emergent matters as a representative of the Board when meetings of the full Board of Directors is impractical Oversees management of:Asset allocation Investment manager selection The overall risk profile of the Companys portfolio Members:4Members:5Independence:50%Independence:60%NOMINATIN
42、G AND GOVERNANCE COMMITTEEUNDERWRITING COMMITTEEAssumes annual responsibility for:Determining the size of the Board Identifying qualified candidates for the Board of Directors Recommending director nominees for the annual meeting of shareholders Evaluating and recommending any appropriate changes to
43、 the Corporate Governance guidelines Reviewing governance standards Overseeing ESG issuesFosters regular discussion between executives and directors relating to:Underwriting opportunities Product pricing models Risks presented and risk management policiesMembers:7Members:4Independence:100%Independen
44、ce:75%BOARD COMMITTEESABOUT EVEREST RE GROUP,LTD.PG 08/EVEREST RE GROUPGOVERNANCESHAREHOLDER ENGAGEMENTAs part of our governance practices,we annually reach out to our top 10 to 20 institutional investors to gauge emerging best practices themes in governance and shareholder values.Because of the pra
45、ctical limitations in meeting with all of our shareholders,we augment such outreach with publications,seminars and other materials in order to continually assess our governance standards.EXECUTIVE COMPENSATIONEverests executive compensation program is intended to align the interests of our executive
46、 officers with those of our shareholders.The program is designed and endorsed by the Compensation Committee and reflects the Companys priorities and values through executive compensation.The core objectives considered annually by the Compensation Committee include:Attracting and retaining a talented
47、 and diverse team of executives who will provide creative leadership and ensure success for the Company in a dynamic and competitive marketplace Supporting the execution of the Companys business strategy and the achievement of long-term financial objectives Creating long-term shareholder value Rewar
48、ding executives for achieving financial performance surpassing that of our competitors over timeETHICS AND INTEGRITYEthics and integrity provide the foundation for every decision at Everest.We maintain a strict Code of Conduct,which is outlined in our Ethics Guidelines and Index of Significant Compl
49、iance Policies.These Guidelines are intended to guide all of the Companys decisions and behaviors,and require that all directors,officers and employees are held to the highest standards of integrity.All directors and employees are subject to these Guidelines,and everyone involved with the Companyinc
50、luding customers,potential customers,claimants,employees,business partners,and suppliersare expected to be honest and ethical in all business dealings in accordance with these Guidelines.Our CEO and Senior Financial Officers are subject to a heightened set of ethical standards for those executives w
51、hich work closely with the Companys finances in order to further ensure that all of our business is done with the highest integrity.GOVERNANCE HIGHLIGHTSBoard is 78%INDEPENDENT(7 of 9 directors)Independence standards are STRICTER than those required by the New York Stock ExchangeAudit Committee is 1
52、00%INDEPENDENTCompensation Committee is 100%INDEPENDENTNominating and Governance Committee is 100%INDEPENDENTSEPARATE CEO AND CHAIRMANINDEPENDENT LEAD DIRECTOR 100%DIRECTOR ATTENDANCE at Board meetings in 2019100%DIRECTOR ATTENDANCE at the Annual General Meeting in 2019NO MINIMUM SHARES REQUIRED to
53、nominate a qualified director candidate Annual Say on Pay vote2019 Say on Pay vote received 91.8%APPROVAL2019 CORPORATE RESPONSIBILITY REPORT/PG 09ECONOMIC PERFORMANCEAGAINST THE BACKDROP OF A CHALLENGING MARKET ENVIRONMENT AND A SIGNIFICANT NUMBER OF NATURAL CATASTROPHE LOSSES,EVEREST PRODUCED NET
54、INCOME OF OVER$1 BILLION,THE BEST RESULT SINCE 2014.OUR WORK WE ARE PROUD THAT FISCAL YEAR 2019 ALSO SAW:$872.4 12%8%MILLION OF NET OPERATING INCOMERETURN ON EQUITYGROWTH IN GROSS WRITTEN PREMIUMS,TO$9.1 BILLION,WHICH INCLUDES A 23%GROWTH IN INSURANCE PREMIUMSPG 10/EVEREST RE GROUPWE ALSO RETURNED$2
55、58.9 MILLION TO OUR SHAREHOLDERS IN 2019 THROUGH DIVIDENDS AND SHARE REPURCHASES.This included$24.6 million in repurchased shares and$234.3 million in paid dividends.In November 2019,the dividend was increased 11%from$1.40 per share to$1.55 per share.Since going public in 1995,we have achieved a com
56、pound annual growth in dividend-adjusted book value per share of 12%.2019 CORPORATE RESPONSIBILITY REPORT/PG 1110 YEAR AVG8.4%9.8%OPERATING ROE EVEREST PEER AVG15 YEAR AVG8.6%9.1%AFG,ACGL,AXS,CINF,CB,CNA,MKL,ORI,THG,HIG,RNR,and WRBSource:SNL and Company Filings COMPOUND ANNUAL GROWTH OF 12%PER YEAR
57、959697989900010203040506070810121416091113171819$268.95232.72238.30225.41202.5130.1029.3235.3938.4648.1458.7968.4466.8381.9295.7488.00112.02126.52 125.98145.87163.67187.0526.2121.6619.3915TOTAL VALUE CREATION (Growth in book value plus accumulated dividends)BOOK VALUE PER SHARE ACCUMULATED DIVIDENDS
58、SIGNIFICANT TOTAL RETURN TO SHAREHOLDERS EVEREST SAP 500INCEPTION TO DATE779.2%1,821.0%15 YEARS264.0%315.4%10 YEARS256.4%301.0%7 YEARS2012201931 POINTS5 YEARS201420198 POINTS161.5%73.8%192.6%82.3%EVEREST RE TOTAL RETURN OVER SAP 500:2009201945 POINTS2004201951 POINTSITD1,042 POINTSWORLDS BEST EMPLOY
59、ERSFORBES GLOBAL 20002019TOP TIER REINSUREREverest Ranks Among the Top 10 CompanyReinsurers WorldwideBusiness InsuranceUnderwriting Team of the Year Finalist(2019)Business Insurance AmericaFive Star Carrier(2018)Latin America Reinsurance of the Year(Reactions2016,2017)OUR WORK PRODUCT INNOVATIONAT E
60、VEREST,WE ARE AWARE OF OUR RESPONSIBILITY TO CONTINUE TO GROW AND EVOLVE OUR TECHNOLOGY,OUR PRODUCTS,AND OUR BUSINESS AS A WHOLE.As such,we are committed to our goal to become a more innovative and forward-thinking company.Innovation takes many forms for a reinsurance and insurance company.From prod
61、uct development to risk management to operational efficiency,there is always room for continuous improvement and learning.This is something we try to encourage in each of our employees,and is something that we work hard to put in the forefront of our business development.ONE OF THE AREAS OF OUR BUSI
62、NESS WHICH WE ARE EXCITED TO INNOVATE AND GROW IS EVEREST INSURANCE.We are dedicated to continuing to invest in our journey as a“Modern Era Insurer.”In order to accelerate the innovation efforts of Everest Insurance,we were pleased to announce in 2019 the creation of eIQ,the dedicated Everest Insura
63、nce innovation team.eIQ focuses on collaborating with our business units and insurtech partners to deliver innovations in the customer experience,automation and underwriting excellence.It will draw upon Everests collaborative culture and rely on a high level of engagement throughout the organization
64、 to solve meaningful problems and deliver impactful innovation.We are excited about the work eIQ is doing for Everest Insurance,and to progress our Company as an industry leader for the modern era.WE ARE CONFIDENT IN OUR POTENTIAL FOR INNOVATIVE IDEAS AND GROUNDBREAKING TECHNOLOGY.In 2017,Everests m
65、obile application ZERO,a program which improves workplace safety and minimizes safety hazards,was recognized as a winner of the Business Insurance Innovation Award for its cutting edge take on risk management.Similarly,in May 2019,Everest Technology Services was one of the 2019 CIO 100 winners for a
66、chievement in technology innovation for their development of an underwriting program called Catapult.We are proud of these successes,and look forward to many more in the future.PG 12/EVEREST RE GROUPAWARDS&RECOGNITIONS&P 500 INDEXINNOVATION AWARDBEST OF THE BESTINSURANCE BUSINESS AMERICABUSINESS AME
67、RICAEVEREST ADDED TO20182017JUNE 2017FINANCIAL STRENGTH RATINGS Everest Reinsurance CompanyA+A+A1Everest Reinsurance(Bermuda),Ltd.A+A+A1Everest Reinsurance Company(Ireland),dacA+A+Not ratedEverest National Insurance CompanyA+A+Not ratedEverest Indemnity Insurance CompanyA+A+Not ratedEverest Security
68、 Insurance CompanyA+Not ratedNot ratedEverest Insurance Company of CanadaA+A+Not ratedEverest International Assurance,Ltd.A+ANot ratedEverest Denali Insurance CompanyA+Not ratedNot ratedEverest Premier Insurance CompanyA+Not ratedNot ratedEverest Insurance(Ireland),dacNot ratedA+Not ratedEverest Int
69、ernational Reinsurance,Ltd.A+Not ratedNot ratedEverest Reinsurance Company(Canada Branch)A+Not ratedNot rated 2019 CORPORATE RESPONSIBILITY REPORT/PG 13RATINGSEVEREST RE GROUP,LTD.AND OUR SUBSIDIARIES ARE REGULARLY RATED ON FINANCIAL STRENGTH AND SENIOR DEBT BY A.M.BEST,STANDARD&POORS,AND MOODYS.The
70、se entities are independent ratings organizations which evaluate companies on various criteria,as set forth in the descriptions of each individual ratings system.Each of these ratings is regularly reviewed.OUR WORK EVERESTS PRINCIPAL INVESTMENT OBJECTIVES ARE TO ENSURE FUNDS ARE AVAILABLE TO MEET OU
71、R INSURANCE AND REINSURANCE OBLIGATIONS,AND TO MAXIMIZE INVESTMENT INCOME WHILE MAINTAINING A RESPONSIBLE AND HIGH-QUALITY DIVERSIFIED INVESTMENT PORTFOLIO.INVESTMENTSWe have approximately$20 billion in assets under management(“AUM”),a responsibility that we take very seriously.Our Chief Investment
72、Officer and investment management team work hard to make sure that we are managing our investments wisely,and upholding our objectives to meet our regulatory obligations and maintain a responsible and diverse portfolio.PG 14/EVEREST RE GROUPListed Equity 4.5%Fixed Income 81.1%Private Equity 7.8%Hedg
73、e Funds 0.7%Cash 5.9%INVESTMENTS RESPONSIBLE INVESTMENTWe acknowledge that ESG factors can affect investment portfolios.As a result,Everest believes that it is necessary to consider ESG factors when making investment decisions.ESG factors can include:2019 CORPORATE RESPONSIBILITY REPORT/PG 15RECENT
74、RESPONSIBLE INVESTING HIGHLIGHTLEAPFROG INVESTMENTSEverest recently invested in a$700m emerging markets fund managed by LeapFrog Investments,a fund manager dedicated to impact investing.The fund has a geographic focus in Africa and Asia.LeapFrog invests capital,people,and knowledge in purpose-driven
75、 businesses,helping them to grow,to be profitable,and to have real social impact.LeapFrog makes private equity investments in high-growth,purpose-driven financial services and health care businesses in some of the worlds fastest growing markets.Its portfolio companies provide essential financial and
76、 health care services to emerging market consumers.LeapFrog is trusted to deliver on U.N.Sustainable Development Goals,including:no poverty,good health and well-being,and decent work and economic growth.GOVERNANCEGreenhouse Gas EmissionsFossil Fuel DependenceClimate ChangeDiversityWorking Conditions
77、Human RightsTransparencyDirector IndependenceShareholder RightsSOCIALPRIORITIZEENVIRONMENTALOUR WORK AS A DEMONSTRATION OF OUR COMMITMENT TO RESPONSIBLE INVESTMENT,EVEREST IS A SIGNATORY TO THE UNITED NATIONS SUPPORTED PRINCIPLES FOR RESPONSIBLE INVESTMENT(“UN-PRI”).The UN-PRI is the worlds leading
78、proponent of responsible investment,with over 2,300 signatories representing more than U.S.$82 trillion in AUM.The UN-PRI defines responsible investment as a strategy and practice to incorporate ESG factors into investment decisions and active ownership.We are also determined to do business with com
79、panies that share our commitment to these Principles.We are proud that 79%of our total assets are managed by other UN-PRI signatories.This includes 94%of our fixed-income assets.In addition to incorporating ESG into our own investments,Everest requires our investment managers to take into account an
80、d incorporate ESG issues and factors into their investment strategies.Our Chief Investment Officer is responsible for overseeing these commitments and monitoring ESG risks and opportunities for Everests investments.THE PRINCIPLES OF RESPONSIBLE INVESTMENTWe will INCORPORATE ESG ISSUES into investmen
81、t analysis&decision-making processes.We will be active owners and INCORPORATE ESG ISSUES into our ownership policies&practices.We will SEEK APPROPRIATE DISCLOSURE ON ESG ISSUES by the entities in which we invest.We will PROMOTE ACCEPTANCE AND IMPLEMENTATION of the Principles within the investment in
82、dustry.We will WORK TOGETHER TO ENHANCE OUR EFFECTIVENESS in implementing the Principles.We will each REPORT ON OUR ACTIVITIES AND PROGRESS towards implementing the Principles.PG 16/EVEREST RE GROUPPRINCIPLES OF RESPONSIBLE INVESTMENT UN-PRI Signatory 79.5%Not a Signatory 20.5%UN-PRI Signatory 94.3%
83、Not a Signatory 5.7%BREAKDOWN OF EVERESTS TOTAL ASSETSBREAKDOWN OF EVERESTS FIXED INCOME ASSETS 2019 CORPORATE RESPONSIBILITY REPORT/PG 17BOARD OF DIRECTORSCHIEF EXECUTIVE OFFICERERM DEPARTMENTExecutive Risk Management Committee MembershipCHIEF RESERVING ACTUARYCHIEF INVESTMENT OFFICERRISK MANAGEMEN
84、T OVERSIGHTPRESIDENT AND CHIEF EXECUTIVE OFFICER,EVEREST INSURANCECHIEF FINANCIAL OFFICERGENERAL COUNSELPRESIDENT AND CHIEF EXECUTIVE OFFICER,REINSURANCE DIVISIONOTHER KEY COMMITTEES:EMERGING RISK COMMITTEEINSURANCE RESERVE COMMITTEEREINSURANCE RESERVE COMMITTEECYBER SECURITY COMMITTEETECHNOLOGY RIS
85、K COMMITTEEERM HIGHLIGHTEMERGING RISKS SPOTLIGHTStandard&Poors rates Everests ERM protocol as“robust,”commenting that“the company has demonstrated a strong commitment to enhancing its ERM framework and has consistently managed to risk-adjusted return metrics.“The Emerging Risk Committee has identifi
86、ed climate change and resulting extreme weather events as one of the key risks to our industry at the moment.For more on Everests work to take responsibility and protect our customers,see page 20.RISK MANAGEMENTAS AN INSURANCE AND REINSURANCE COMPANY,WE BELIEVE THAT A CRITICAL COMPONENT TO STRONG GO
87、VERNANCE IS A THOROUGH RISK MANAGEMENT SYSTEM.Our Enterprise Risk Management(“ERM”)program is specially designed to manage,monitor and measure key risks to our business and our organization in order to best protect the integrity of the Company and generate long-term value for our shareholders.The ER
88、M department at Everest works closely with each area of the Company which regularly takes on risk to ensure that these risks are being managed and controlled in effective and efficient ways.Our Executive Risk Management Committee regularly monitors the ERM teams work on risk management initiatives r
89、elating to financial reporting,underwriting procedure,and regulatory compliance.The Executive Risk Management Committee which is comprised of the CEO,the Chief Financial Officer,the Presidents and CEOs of the Insurance and Reinsurance Divisions,and the General Counsel is responsible for determining
90、risk management principles for the organization,and setting tolerance levels for risk calculation.The Executive Risk Management Committee reports directly to the Board of Directors through the Boards Audit Committee.One of the key components of our ERM system is identifying and managing emerging ris
91、ks to our Company and our industry as a whole.To carry out these objectives,we established the Group Emerging Risk Committee in order to best locate new and developing risks that could lead to material consequences or potential opportunities for Everest.The Committee uses research and analysis,inclu
92、ding periodic surveys of Everest underwriters and claims personnel,to evaluate and maintain control of these emerging risks.CYBERSECURITY AND FRAUD PREVENTIONCYBERSECURITYCybersecurity threats present a persistent and active risk to the insurance and reinsurance industries.Personal information belon
93、ging to customers,potential customers,claimants,employees,business partners,and suppliers is regularly obtained and held as a part of our business,and keeping that data safe is our top priority.All our internal systems and protocolsinformation technology and otherwiseare regularly audited to ensure
94、that adequate controls and security protocols are in place to minimize vulnerabilities and that every threat is investigated,no matter how small.We are also continuously assessing and updating security enhancements to our privacy and data risk program to keep pace with evolving cyber threats.Because
95、 of the unique nature of cybersecurity risks in our industry,we have appointed a dedicated Chief Information Security Officer(the“CISO”).Our CISOs experience and expertise best serve the Company in overseeing the assessment of the Companys data security risks,maintaining cyber threat intelligence an
96、d implementing pertinent safeguards and response protocols to manage those risks.We are also proud to have the Cyber Security and Technology Risk Committees to provide governance and oversight over all aspects of our cyber program.The CISO works closely with these Committees,as well as the ERM depar
97、tment to identify vulnerabilities and operational risks in our system,and to remediate these risks in a responsible and timely manner.At its core,security is everyones responsibility at Everest.We advise and regularly train all Everest employees and relevant contractors about their responsibility to
98、 protect customer data,and we provide them with appropriate guidelines for adhering to our companys business ethics standards and confidentiality policies.Our Cyber Awareness Training is a hallmark of this program.All workers are trained in security,privacy,and compliance policies as soon as they st
99、art working with Everest,and refreshers and updates to these training courses are conducted for all employees on a regular basis.Eighteen training and awareness campaigns were completed in 2019 alone.Approximately 94%of our employees recently completed the Cyber Awareness Training.Further,at least a
100、nnually,we conduct risk assessments of our cybersecurity resilience,performed using third-party“ethical hackers.”We also test the effectiveness of our response plans with simulation exercises,which gauge the responses of various cross-functional stakeholders and help us to adjust and improve our res
101、ponses accordingly.In addition to the regular risk assessments which are performed before we contract with any third parties,our ethics standards and cybersecurity policies are also communicated to all third party vendors and data hosts with whom we do business,to ensure that they are also aware of
102、their responsibility to prioritize our data security.RECENT CYBERSECURITY HIGHLIGHTS2+MILLION MALICIOUS EMAILS BLOCKED PER MONTH EXPANDED ENDPOINT PROTECTION94%COMPLETION RATE FOR CYBER AWARENESS TRAINING18 COMPLETED TRAINING AND AWARENESS CAMPAIGNSENHANCED MONITORING CAPABILITIES TO NEAR REAL-TIME
103、INVESTIGATIONS OF CYBER INCIDENTSPG 18/EVEREST RE GROUP 2019 CORPORATE RESPONSIBILITY REPORT/PG 19FRAUD PREVENTIONOne of the most pervasive threats to our business is insurance fraud.In order to identify and neutralize fraudulent activity which could be harmful to our customers and to ourselves,we h
104、ave a dedicated Special Investigations Unit(“SIU”),that is specifically responsible for identifying,detecting and investigating insurance fraud.The SIU takes a comprehensive approach to investigation,uncovering suspected fraud and recognizing emerging fraud trends,while working with state and federa
105、l law enforcement agencies as appropriate.We also monitor for corruption and fraud internally,through regular internal audits of information technology,administrative protocols,security mechanisms and various insurance and reinsurance policies.Our Internal Audits Department works with the SIU to ens
106、ure that any potential fraud risks stemming from inside the Company are identified,reported,and addressed immediately.ANTI-MONEY LAUNDERING As part of our ongoing effort to protect our Company and our people,we are committed to upholding and enforcing our legal responsibility to prevent and report a
107、ll suspected money laundering and corrupt transactions.We have a carefully constructed set of policies,procedures and controls that we provide to all our employees,partners and suppliers,and which we expect everyone involved to know and follow.All our employees are also provided with our Anti-Money
108、Laundering Policy,and are expected to read and comply with it in its entirety.We also value our duty to uphold federal and international regulations barring insurers and reinsurers from doing business with persons,organizations or countries subject to sanctions.All of our business transactions and u
109、nderwriting activities are regularly screened for compliance with the U.S.Department of the Treasurys Office of Foreign Asset Control(“OFAC”),and certain claims and underwriting submissions are monitored daily against the lists provided by OFAC.Any potential matches are manually reviewed by Everest
110、personnel and investigated as warranted immediately.ANTI-CORRUPTIONWe are committed to maintaining a productive and healthy work environment,for the benefit of our employees and our business.Part of that commitment is a dedication to fighting corruption in the workplace.We have a strict set of Ethic
111、s Guidelines,that have been provided to each of our employees and that are available publicly on our website,as well as an additional Code of Ethics for Chief Executive Officer and Senior Financial Officers,and Corporate Governance Guidelines governing our Board of Directors.All of our Directors,emp
112、loyees,and business partners have been given these documents,to ensure that our anti-corruption policies are made clear to everyone involved in the Everest family.Additionally,on an annual basis we conduct a mandatory assessment of certain employees compliance with the Ethics Guidelines.These survey
113、s must be completed by all employees in departments that regularly work with personal or classified Company information,including Underwriting,Claims,Corporate Services,Executive Assistants,Financial Services,Human Resources,Internal Audit,Law,and Office Managers.All responses are then reviewed by t
114、he Companys General Counsel to ensure compliance with our anti-corruption policies.POLICYWe believe that environmental consciousness is of the utmost importance at every level of our Company.Our Board of Directors maintains an active role in determining how managing environmental risk and controllin
115、g ecological impact will be incorporated into our business and operations.As a global insurance and reinsurance organization,we recognize the potential impact of climate change and related extreme natural perils on our world.We are also acutely aware of the fact that our industry plays a critical ro
116、le in the economic and social recovery after such extreme weather events.In order to responsibly navigate global warming and our role in the fight against climate change,it is our policy to remain committed to providing solutions that can help our clients manage their own environmental risks in real
117、 and practical ways.We are also dedicated to managing and reducing our own ecological footprint wherever possible.Much of our business involves protecting clients through insurance and reinsurance from the impact of devastating natural catastrophes.As such,it is our policy to take a proactive approa
118、ch to incorporating climate and weather risk into our underwriting procedure.To meet this challenge,our underwriting,actuarial and CAT modeling teams work in unison in researching and analyzing external raw climate/meteorological data in conjunction with our internal proprietary claims and loss info
119、rmation data to assess geographical impacts of climate change and develop predictive analytics models to refine our pricing tolerances and product development.This team approach to assessing the impact of climate change on sustainability for ourselves as well as our customers ensures that we are mos
120、t accurately and responsibly providing specialized coverage to our clients for environment-related risks.We also encourage our clients to take into consideration the impacts of climate risk in their own operations and property,and we are constantly striving to provide them with systems and loss cont
121、rol tools to help mitigate the effects of environmental risk.MEMBERSHIPSOur Company is active in various affiliations and memberships which help contribute to the advancement of our environmental policy.We are proud affiliates of the Geneva Association,the leading international insurance research or
122、ganization,that conducts an Extreme Events and Climate Risk research program.Through our work with the Geneva Association,we provide financial support to study the impact of and possible solutions for these long-term threats to our global economy and human condition.We have also been a long-time act
123、ive member of the Reinsurance Association of America(“RAA”).The RAA is an organization of property and casualty reinsurers in the United States,whose advocacy work includes efforts to identify ways the insurance sector can minimize the effects of climate change.Together with the RAA,we are committed
124、 to working with policymakers,regulators,and the scientific,academic and business communities to assist in promoting awareness and understanding of the risks associated with climate change.The RAAs statement on climate change policy,which Everest supports,is located at www.reinsurance.org/Advocacy/R
125、AA_Policy_Statements.Everest is currently a member of the RAAs Extreme Events Committee,focusing on catastrophe modeling improvements to reflect climate change.Finally,as noted above,Everest most recently became a signatory to the United Nations supported Principles for Responsible Investment,and ha
126、s been incorporating ESG principles into our investment guidelines and decisions in accordance with UN-PRI Principles.OUR PLANETCLIMATE CHANGE POLICYPG 20/EVEREST RE GROUP2019 CORPORATE RESPONSIBILITY REPORT/PG 21 UNDERWRITING&RISK MANAGEMENT AND MITIGATIONWe strive to incorporate environmental risk
127、s,to the extent that they can be quantified,into our risk management profile.Our Enterprise Risk Management program identifies key risks to which our Company is exposed and establishes tolerance levels and mitigation strategies to preserve the sustainability of our business.Environmental risksespeci
128、ally those directly stemming from the global effects of climate changefeature prominently into this ERM system.As stewards of capital,we look to improve capital efficiency and preservation in spreading risk exposure through diversification and identifying areas prone to increased frequency and sever
129、ity of natural perils.We endeavor to reduce volatility across our global portfolio through the use of parametric risk transfer products such as catastrophe bonds,third party capital through our ILS platform,Mt.Logan Re,Ltd.,and other hedging tools.Of course,no single computer model or group of model
130、s is capable of projecting all possible catastrophe events caused by climate change.However,when combined with skilled underwriting judgement,these models are a useful tool to price catastrophe-exposed environmental risks,and to provide management with quantitative analyses of these effects.It is th
131、rough this system that we are able to assess and project the role of environmental risk and extreme weather-related losses on our business model,in order to ensure that we and more importantly,our clients and customers are prepared for the heightened impact of climate change.This principle also exte
132、nds to our underwriting policy and product development strategy.We continue to be at the forefront in creating advanced insurance solutions and products related to environmental risks for our clients,including coverage for specialized environmental contractors as well as industrial and commercial co
133、mponent manufacturers.We are also proud to have the capability to provide premium credits to clients for environmentally friendly actions and behavior.Our claims practices also exemplify our continual effort to incorporate a proactive approach to climate risk into all our work with our clients.We us
134、e state-of-the-art technology to add precision and efficiency to each step of the claims management process following extreme weather events.Further,our subsidiaries offer loss-control service capabilities to clients that take environmental concerns into account.The Everest claims department also ma
135、intains a paperless claims system across both the reinsurance and insurance operations,significantly improving our claims professionals response times in adjusting and paying claims following a major catastrophe event.Our risk management strategies further seek to minimize the impact of severe clima
136、te and weather events on our capital by,among other things,maintaining a diversified business portfoliospread by line and geographyand by employing a tactical approach to managing risk,including utilization of third party capital to leverage opportunity and sponsorship of catastrophe bonds.Indeed,Ev
137、erest has consistently been cited in recent years as one of the worlds largest sponsors in the catastrophe bond market measured by total outstanding limit.Investors are increasingly turning to the insurance linked security marketplace as a socially and environmentally responsible investment category
138、,as this class of assets provides essential disaster risk capital following devastating catastrophe and severe weather related events,ultimately enabling a greater and potentially quicker ability to recover after such events at times of greatest need.Catastrophe bonds comprise just one facet of a su
139、ite of important hedging protections against climate-change induced volatility successfully employed by Everest to protect our capital and surplus while also increasing our sustainability through such risk mitigation measures.Other notable hedging mechanisms employed by Everest include utilization o
140、f third-party capital backed collateralized reinsurance through Everests subsidiary Mt.Logan Re,Ltd.,purchase of industry loss warranties(ILW),and retrocession protection.Finally,in analyzing climate change and environmental related risks,Everest draws upon an array of external data sources such as
141、research from the Intergovernmental Panel on Climate Change(IPCC),governmental agencies such as the National Oceanic and Atmospheric Administration(NOAA),and academic research.Everest also conducts independent research related to climate change risks using raw climate and weather data.Ultimately,suc
142、h sources of climate and weather information are reviewed independently by Everest as well as in conjunction with claims information received directly from Everests(re)insurance clients and from industry trade groups.AT EVEREST,WE RECOGNIZE THAT WE ALSO HAVE A RESPONSIBILITY TO PROTECT THE ENVIRONME
143、NT OURSELVES.WHILE WE ALREADY HAVE A MODEST ECOLOGICAL FOOTPRINT AS AN INSURANCE AND REINSURANCE ORGANIZATION,WE ARE COMMITTED TO REDUCING OUR OWN IMPACT ON THE GLOBAL ENVIRONMENT WHEREVER POSSIBLE THROUGH OUR POLICIES AND DAILY OPERATIONS.OUR OWN FOOTPRINTPG 22/EVEREST RE GROUPGOALS FOR 2020Impleme
144、nt an Improved Energy Usage Tracking SystemFurther Engage Employees in Environmental StewardshipContinue our Increased Recycling ProgramAT EVEREST,WE RECOGNIZE THAT WE ALSO HAVE A RESPONSIBILITY TO PROTECT THE ENVIRONMENT OURSELVES.While we already have a modest ecological footprint as an insurance
145、and reinsurance organization,we are committed to reducing our own impact on the global environment wherever possible through our policies and daily operations.An important area in which we can continue these efforts is through sustainable real estate.As our Company grows,so does the need for more of
146、fice space.We are glad to take this opportunity to focus our attention on office properties which have positive environmental features.Significantly,this includes our new U.S.Headquarters that contains several eco-friendly features and energy saving amenities as a LEED Silver certified building.The
147、facility will also offer charging stations for employees with electric vehicles.The building is specially built to promote environmental stewardship in the workplace and offer a dynamic and innovative space to cultivate a sustainable and productive future.Our Bermuda Headquarters and New York City o
148、ffice are also cornerstones of our sustainable real estate efforts.With double glazed solar controlled glass,air conditioning that is water cooled using sea water and energy-conserving lighting,the Bermuda office maintains a limited ecological footprint while hosting a substantial part of our Compan
149、ys business.The same is true of our New York City office,which is the second largest Everest office in the U.S.by employee headcount and is LEED Gold and Energy Star certified.We also believe in engaging all of our employees in our efforts to reduce our environmental impact.At our current U.S.Headqu
150、arters in Liberty Corner,N.J.,we have successfully reached our recycling goal100%of employees are participating in an individual recycling program,and all paper waste generated in the building is recycled by the property manager.Any confidential information is kept in locked recycling bins,and is re
151、gularly shredded before being recycled.All our employees are encouraged to continue this environmental stewardship both in and out of the workplace.Finally,we also foster remote work,and telecommuting options,as well as public transportation benefits,which help to reduce the carbon footprint and con
152、sumption of office resources by those employees who choose to participate.Currently,over 10 percent of our U.S.employees utilize the Companys Transit Pass program,which offers benefits to employees using public transit to get to work.Further,a large percentage of employees in many of our internation
153、al offices,including London and Toronto,also commute to work using public transportation,helping to further reduce our carbon footprint.2019 CORPORATE RESPONSIBILITY REPORT/PG 23RECENT ENVIRONMENTALISM HIGHLIGHTS 100%Participation in NJ Recycling ProgramLeed Silver Status Target at New U.S.Headquart
154、ersLeed Gold Status at NYC OfficeEnergy Star Certification at NYC OfficeOUR PEOPLEDIVERSITY AND INCLUSIONWithout diversity of perspectives and experiences,it would be impossible for our Company to grow.We are dedicated to maintaining an inclusive work environment that welcomes all employees,regardle
155、ss of age,gender identity,race,ethnicity,religion,sexual orientation,or disability.We are proud to have a diverse community,extending from our Board of Directors through to our employees.In 2019,33%of our employees identified as ethnic minorities.This compares to our industry peers,whose employees a
156、re an average of 15%less diverse.AT EVEREST,PROVIDING A HEALTHY AND PRODUCTIVE ENVIRONMENT FOR OUR EMPLOYEES TO GROW PROFESSIONALLY IS ONE OF THE CORE VALUES THAT DRIVES OUR BUSINESS.ATTRACTING AND MAINTAINING A DIVERSE,TALENTED WORKFORCE IS AN ESSENTIAL PART OF ENACTING THAT VALUE.WE ARE COMMITTED
157、TO INCLUSIVE HIRING PRACTICES,STRONG TALENT DEVELOPMENT AND AN ENGAGING AND MOTIVATED CULTURE IN THE WORKPLACE.PG 24/EVEREST RE GROUPOUR EMPLOYEES EMPLOYEE ETHNIC DIVERSITY 1 EVEREST INSURANCE/REINSURANCE INDUSTRY29%37%21%40%18%42%11%39%10%24%EXECUTIVE MANAGEMENT7%13%TOTAL EMPLOYEESADMINISTRATIVETRA
158、INEEPROFESSIONALMANAGERSENIOR LEADERSHIP18%33%1Everest statistics based upon U.S.employees only.Industry data is latest available from McLagan(part of Aon plc).HIRING AND PAY EQUITYEverest is committed to continuing our hiring practice of fair and equal treatment of all applicants,and our Company pe
159、rsonnel programs will continue to be administered without prejudice or partiality.We outline our complete Equal Employment Opportunity Employer policy in our Index to Compliance Policies and Procedures,which is provided to all employees,suppliers and business partners,and is available on our website
160、.We are also committed to maintaining fair and equitable compensation practices.As such,in 2019 the Company undertook an evaluation of gender and minority pay equity across the entire group,ensuring that our compensation practices support pay equity.EMPLOYEE SURVEYSBroad ranges of Everest employees
161、have been given the opportunity to take confidential employee engagement and/or satisfaction surveys in recent years.We use such surveys to help us learn and grow in various areas including leadership,collaboration,career development,environmental consciousness and gender equality.The Everest Womens
162、 Networking Group(“WNG”)is an inclusive,company-wide resource providing opportunities to all employees on networking,leadership and professional and personal development.The WNG serves as a resource to bring attention to womens issues in the workplace and promote camaraderie among women and men at E
163、verest.The goal is to actively promote events focusing on womens professional growth,while engaging men in the dialogue.All Everest employees are welcome at WNG events and activities to foster learning opportunities and help grow careers.The WNG seeks to empower women at all levels of the Company by
164、 bringing in successful speakers to share their wisdom and experience,coordinating networking events,and organizing out-of-office activities to encourage interaction and socialization between colleagues in all offices.In 2019,the WNG hosted a number of events focusing on professional development,con
165、fidence building and continuing education.In June 2019,the U.S.Headquarters hosted three female senior regulators for a panel and conversation about careers in regulatory agencies and public service.In September,we hosted a panel about the work/life balance for all employees,and in November the WNG
166、coordinated a discussion with a financial planner about estate planning for working women and men.The WNG also leads a number of social events and networking opportunities for all Everest employees.The WNG coordinates an annual Golf Outing&Networking Event for all New Jersey employees,and every Octo
167、ber employees are invited to Everfest,a social event giving employees at every management level the opportunity to network and interact outside the office.2019 CORPORATE RESPONSIBILITY REPORT/PG 25WOMENS NETWORKING GROUPPG 26/EVEREST RE GROUPOUR PEOPLETALENT DEVELOPMENTEmployee satisfaction is a fun
168、damental goal at Everest.As a company that is dependent on our people for sustainability and innovation,we encourage our employees to grow professionally and promote an atmosphere of collegiality and inclusion for our employees to feel confident in the workplace.In that regard,we have a rigorous Tal
169、ent Development program to support Everests corporate goals and objectives while promoting a culture of continuous learning,career development,coaching and mentorship among employees.Cultivating the skills possessed by our hard-working and knowledgeable employees benefits our Company as much as it b
170、enefits our workers.In addition to supporting the Company,through succession planning and developing emerging leadership,Everests Talent Development program differentiates itself from other industry programs by offering a personal approach to supporting employees.One-on-one career development,manage
171、ment training and professional counseling are just some of the services available to our employees that set our program apart.Moreover,by engaging with our employees on career growth feedback and recruitment,we have expanded our talent development practice to better position us to attract and retain
172、 the best talent around the globe by incorporating more focused training programs,broader career development pathways,tuition reimbursement and student loan repayment assistance programs.EARLY TALENT DEVELOPMENTIdentifying and nurturing potential in young employees is one of the hallmarks of our Tal
173、ent Development program.Our global Internship Program and Associate Underwriter Training Program are two of the ways we encourage young employees to engage with our industry and begin their careers with Everest.We are proud of the success of our Internship Program in providing opportunities for self
174、-development and career advancement to interested students.Our 2019 Internship Program was our largest class yet,with 57 talented interns joining us from colleges and universities across the globe.Working in departments including Insurance,Reinsurance,Everest Technology Services,Investment Managemen
175、t and Law,these interns were given the opportunity to get real-life experience in their chosen fields,and were also provided with a number of career-building courses and networking events to further their transition into the workforce.Our Associate Underwriter Training Program has a similar goal in
176、mind.Intended to encourage young professionals to build careers with Everest,the program relies on continuing education and on-the-job training to develop our talented employees.Among the 2019 Class in the Associate Underwriter Training Program,over half were alumni of our Internship Program.LEADERS
177、HIP DEVELOPMENTWe are proud of the success of our new Leadership Development Program,piloted this year.A formal program available to Everests emerging leaders across the Company,the 2019 Leadership Development Program was a six-month commitment which gave participants the opportunity to work on-on-o
178、ne with executive coaches,attend workshops,and work on capstone projects within the organization.Focused on introspection,interconnection and innovation,the program is centered on the value of leading oneself,leading ones colleagues,and leading ones organization as a whole.We also recognize that lea
179、dership development is a necessity at every level of the Company.Every year we run programs for managers to provide critical people-management training through a three-day workshop program.The Everest Managers Forum,which is run at the U.S.Headquarters regularly and open to employees not based at th
180、at office,is an interactive and reality-based program designed to give managers the opportunity to develop management and communication skills and learn how to develop employee potential.Talent Development also sponsors a biennial employee mentorship program.A goal-oriented program,it pairs employee
181、s with mentors who are more advanced in their careers and who are motivated to help their colleagues achieve their professional goals.Employees at every level of their careers participate in this program every time it runs,and our recent Mentorship Program was one of the largest and most successful
182、in Everests history.BUSINESS AREA DEVELOPMENTIn order to encourage innovation and develop potential in our employees,we run an annual Reinsurance Division Base Camp.This event focuses on giving mid-level employees and emerging leaders the opportunity to solve real-world challenges presented by our c
183、lients and customers through reinsurance product development while exercising teamwork and problem-solving skills.The centerpiece of the Reinsurance Base Camp program is the Innovation Challenge,a business competition that requires participants to work in teams to develop an innovative new reinsuran
184、ce product or process improvement and present their ideas to a panel of Company executives comprised of the Companys CEO,General Counsel,and CFO.The winning team receives a prize,and funding to develop their idea for the remainder of the year with the support of the Company and our executive leaders
185、hip.In addition to the Reinsurance Base Camp,several other divisions within the Company offer regular training and specialized programs to further develop their employees,engage with and exchange ideas with colleagues from around the globe and support Everests growth.This includes the Insurance Unde
186、rwriting Summit and the Everest Insurance Ascending Leaders Program,which are geared toward educating Everest Insurances leadership and developing leadership potential.Similar programs are offered in the Reinsurance Division such as the Actuarial Pricing Early Talent Program and within Everest Techn
187、ology Services.Our accounting and financial departments host annual Actuarial and Financial summits,bringing together employees from our offices around the world to exchange ideas and share updates on global financial and regulatory initiatives.These efforts have resulted in our company being recogn
188、ized by at least two major business publications as among the top 100 global companies to work for in 2019 based on employee satisfaction surveys conducted by independent third parties.2019 CORPORATE RESPONSIBILITY REPORT/PG 27EVEREST RANKS AMONG THE WORLDS BEST EMPLOYERS AND 2019 BEST PLACES TO WOR
189、K IN INSURANCE.IN SEPTEMBER,EVEREST INSURANCE WAS NAMED ONE OF BUSINESS INSURANCES 2019 BEST PLACES TO WORK IN INSURANCE,FOLLOWED BY FORBES MEDIA ANNOUNCING IN OCTOBER THAT EVEREST RE GROUP,LTD.WAS RECOGNIZED AS ONE OF THE WORDS BEST EMPLOYERS 2019,HONORS WHICH WE ARE VERY PROUD TO RECEIVE.OUR PEOPL
190、ELIFE INSURANCEHEALTHCAREDISABILITY AND INVALIDITY COVERAGEPARENTAL LEAVERETIREMENTLEGAL CARE PLANCOMMUTER BENEFITSIDENTITY THEFT PROTECTIONFLEXIBLE SPENDING ACCOUNTS,INCLUDING A HEALTH SAVINGS ACCOUNTSTUDENT LOAN REPAYMENT PROGRAM$TUITION REFUND PROGRAMSUPPORTING OUR EMPLOYEESPG 28/EVEREST RE GROUP
191、This award recognizes employer achievement in creating the industrys best environment for employees to work and grow.It is awarded based upon employee engagement and satisfaction,and we are honored that our work to support our employees has been rewarded in this way.FORBES 2019 WORLDS BEST EMPLOYERS
192、Further,Everest Re Group,Ltd.was named as one of Forbes Global 2000s Worlds Best Employers 2019,an honor given to companies who received the highest combined ratings by their own employees,as well as employees of other companies.Everest placed 93rd(from a total candidate pool of 2,000 top global emp
193、loyers),and we were one of only seven companies in the“diversified insurance”category to make the list.The top companies were selected from over 1.4 million independent recommendations given by a vast sample of individuals working for companies across the globe.We are proud to be able to provide a w
194、orkplace with such a renowned reputation among our peers and competitors,and we are committed to maintaining this positive environment.We recognize that the wellbeing of our employees is critical to the success and sustainability of our Company.As the driving force behind our Companys success,our em
195、ployees deserve the Companys dedication to their physical,mental and financial health.In addition to competitive wages,we provide our employees with a variety of benefits and many special programs to promote their health and wellbeing both in and out of the workplace.Moreover,as a company that promo
196、tes collegiality and family,we offer employees flexible time and work from home options.BENEFITS All of our full-and part-time employees are provided with access to a benefits package that includes:BUSINESS INSURANCE 2019 BEST PLACES TO WORK AWARDvv 2019 CORPORATE RESPONSIBILITY REPORT/PG 29We offer
197、 a tuition refund program,that gives employees continuing their formal educations in relevant fields certain tuition refunds from the Company.This is in addition to the Everest Educational Student Loan Repayment Program,which provides money to eligible Everest U.S.employees who are recent college gr
198、aduates in order to help repay student loan debts.We believe that encouraging the education and professional development of all of our employees is in the Companys best interest,and we strive to develop new ways to support our employees continuing education endeavors.EMPLOYEE HEALTH&WELLNESS THE PHY
199、SICAL AND EMOTIONAL WELLNESS OF OUR EMPLOYEES IS OF THE UTMOST IMPORTANCE TO EVEREST.We provide all employees access to our EverWell online portal,a database of health and wellness information and resources,in order to help inspire and maintain a healthy environment for all of our employees.EverWell
200、 offers regular events relating to benefits,preventative medicine,financial wellness,and health and fitness for all employees.ONE OF THE PRIMARY GOALS OF EVERWELL IS TO PROMOTE PHYSICAL HEALTH,STARTING WITH ACCESS TO HEALTHCARE.One of the first things we do during new hire orientation is a review of
201、 non-occupational healthcare services provided to our employees.We also provide an annual open enrollment period,during which we host a meeting for all employees to gain access to information about healthcare benefit plans,and opportunities for health and wellness afforded to all employees.WE ALSO P
202、ROVIDE MEMBERSHIP TO A NUMBER OF HEALTH PROMOTION SERVICES TO EMPLOYEES HERE AT EVEREST.Through our healthcare provider,employees are given access to a Healthy Rewards program,offering discounts for weight management and nutrition programs,yoga and wellness products,and alternative medicine.We also
203、provide memberships to Livongo,a service for employees with diabetes,and Omada,for prediabetic employees.Additionally,we provide biometric screenings on an annual basis and as well as regularly provide no-cost flu shots to employees as a preventative measure.PERHAPS THE MOST IMPORTANT PROGRAM OFFERE
204、D IN 2019 WAS THE WHOLE LIFE CHALLENGE,A SIX-WEEK PROGRAM SPONSORED BY EVEREST WHICH ALLOWED EMPLOYEES TO FOCUS ON HEALTHIER BEHAVIORS THROUGH SEVEN KEY LIFESTYLE AREAS.The goal was to create a stronger culture of wellness,inclusiveness,and support of those willing to take on the challenge and it wa
205、s a huge success.FINALLY,EVEREST PROVIDES ACCESS TO EXERCISE EQUIPMENT AND HEALTHY FOODS FOR EMPLOYEES IN OUR U.S.HEADQUARTERS EVERY SINGLE DAY.The Everest Cafeteria,which is available exclusively to Everest employees in our New Jersey Headquarters,is subsidized by the Company and offers a wide vari
206、ety of healthy options for an affordable price every day.We also have a Wellness Center and a gym which supplies access to cardio and weight training equipment.In our international offices,we offer company sponsored gym memberships in locations where there are no exercise facilities on the premises.
207、TUITION REFUND PROGRAM&STUDENT LOAN REPAYMENT PROGRAMDONATING OUR TIME AND RESOURCESOUR COMMUNITYENGAGING WITH EVERY COMMUNITY IN WHICH WE OPERATE IS ONE OF OUR MOST VALUED CORPORATE RESPONSIBILITIES.As a successful company with hundreds of employees,we have found that the best way for us to engage
208、with these communities is through the donation of our time and resources.This is why we founded Everest Charitable Outreach(“ECO”)in 2017.ECO is a community service organization sponsored by the Company which coordinates employees to work with charities in our local communities.ECOs aim is to provid
209、e volunteerism opportunities and avenues of charitable giving that align with our business philosophy and that employees across the organization can participate in,building goodwill and camaraderie among their colleagues across the Everest global team.ECO is dedicated to choosing organizations to pa
210、rtner with which use their funds directly for their causes,and avoid overhead.Were proud that at least 80%of the monies donated to each of our partner organizations goes directly to the community endeavors being supported.But donation of time is more important to ECO than financial support;developin
211、g a method to ensure strong and reliable employee participation is the cornerstone of ECOs efforts.EVEREST CHARITABLE OUTREACHPG 30/EVEREST RE GROUPOTHER ORGANIZATIONS PARTNERING WITH ECO IN 2019 INCLUDED:United Ways Tools for SchoolHabitat for HumanityVeterans Affairs Hospital in New JerseySteps To
212、getherAmericas Grow-a-RowCovenant HouseAutism WalkMiracle RideEVERY BRANCH OF THE COMPANY RECEIVES AN ANNUAL BUDGET FOR LOCAL EVENTS,IN ADDITION TO THE ECO-ORGANIZED PROGRAMS THAT ARE PLANNED THROUGHOUT THE YEAR.Among the many highlights of ECOs global community outreach was May 2019s Everest Rise A
213、gainst Hunger month.Our branches across the globe worked with local Rise Against Hunger organizations to pack healthy meals for vulnerable families around the world.Everest also took this opportunity to support food banks and soup kitchens in our communities,depending on the needs of those surroundi
214、ng our offices.For example,employees in our Orange,California office packed 10,000 meals for distribution at local food banks.A similar program took place in October,when we partnered with the Red Cross to host blood drives in Everest offices.2019 CORPORATE RESPONSIBILITY REPORT/PG 31The First Tee o
215、f ConnecticutHabitat for HumanityMemorial Sloan Kettering Cancer Center The Myocarditis FoundationSpencer Educational Foundation,Inc.Covenant House Insurance Industry Charitable FoundationThe Michael J.Fox FoundationSkyland TrailRise Against Hunger,Inc.CHARITABLE CONTRIBUTIONSIn addition to the time
216、 and passion of our dedicated employees,we also contribute financial donations to organizations which share our desire for a healthier and more successful community.In 2019,Everest made donations of$510,000 to recognized charities and organizations in support of the good work they do.More importantl
217、y,nearly 40%of our global workforce donated over 3,000 hours of their time working with several organizations participating in and hosting a variety of events for the less fortunate in their communities.Some of the charitable organizations we supported this year included:INVESTORS AND SHAREHOLDERS:E
218、MPLOYEES:CUSTOMERS:COMMUNITIES:Annual filings and required SEC filingsRegular employee surveysDirect outreach and interaction throughout the yearRegular outreach and engagementQuarterly investor presentationsAnnual performance reviewsDonation of employee time and resourcesAnnual meetings with our to
219、p 1020 shareholders and the General CounselDirect interactions with supervisors and managersEverest Re Group,Ltd.s Annual General MeetingTHE GRI STANDARDS PROVIDE A GLOBAL FRAMEWORK FOR REPORTING ESG DISCLOSURES AND INFORMATION IN REPORTS JUST LIKE THIS ONE.The GRI Standards provide a common languag
220、e for companies to use when reporting data and communicating policies about environmental performance,economic results,social values,and corporate governance.We have chosen to follow these Standards in order to best align ourselves with industry best practices.Unless otherwise noted,this report cont
221、ains information corresponding to the 2019 fiscal year,beginning January 1 and ending December 31.The information provided applies to all of our global operations,again unless noted otherwise.WE HAVE CREATED THIS REPORT IN ACCORDANCE WITH THE GLOBAL REPORTING INITIATIVE(“GRI”)SUSTAINABILITY REPORTIN
222、G STANDARDS:CORE OPTION.ABOUT THIS REPORTAPPROACH TO STAKEHOLDER ENGAGEMENTWe aim to foster relationships with all our stakeholders in order to promote cooperation and transparency in our business.We are committed to proactive engagement with investors,shareholders,employees,customers,and the commun
223、ities in which our business operates.This engagement includes:STAKEHOLDERSOUR STAKEHOLDERSWe define our stakeholder groups by determining which entities,organizations and individuals have the highest impact on our business and professional operations.Through this process,we have determined that our
224、stakeholder groups for 2019 include:INVESTORS SHAREHOLDERS EMPLOYEES CUSTOMERS THE COMMUNITIES IN WHICH WE OPERATEPG 32/EVEREST RE GROUPTOPICAFFECTED STAKEHOLDERSMATERIALITYINTERNAL TO ORGANIZATIONEXTERNAL TO ORGANIZATIONEconomic Performance(201)AllFinancial success allows continued business growth,
225、impacting not only those with direct financial stakes in the Company but also anyone affected by the Companys well-being.YesYesAnti-Corruption(205)AllAvoiding corruption in all elements of our business maintains our stability and integrity,again affecting everyone involved in the welfare of the busi
226、ness and its community.YesYesEnergy(302)AllDue to the nature of our industry,there is a correlation between climate change and the strength of our business.Our own energy usage and ecological footprint plays a role in climate change as a whole and in the ecology of our community.YesYesEnvironmental
227、Compliance(307)AllOur compliance with environmental regulations also plays a role in the communities in which we operate and in preserving a healthy planet for future generations.YesYesEmployment(401)Investors,Shareholders,Employees,CommunitiesThat which directly impacts our employees affects our pr
228、oductivity and capacity to achieve success,which in turn has an impact on financial stakeholders.YesYesOccupational Health and Safety(403)Investors,Shareholders,Employees,CommunitiesThat which directly impacts our employees affects our productivity and capacity to achieve success,which in turn has a
229、n impact on financial stakeholders.YesYesDiversity and Equal Opportunity(405)Investors,Shareholders,Employees,CommunitiesThat which directly impacts our employees affects our productivity and capacity to achieve success,which in turn has an impact on financial stakeholders.YesYesMATERIALITYThe mater
230、ial topics addressed in this report were determined by our executive leadership(with careful consideration and review by our Board of Directors),as well as consultation with our stakeholders.Unless otherwise noted,these topics are material to our global operations and are considered core values of o
231、ur business.2019 CORPORATE RESPONSIBILITY REPORT/PG 33ABOUT THIS REPORTPG 34/EVEREST RE GROUPPERFORMANCE TABLESEMPLOYMENTTOTAL EMPLOYEES:1,589EMPLOYEE AGE DIVERSITYLOCATION AGE GROUPTOTALAtlanta,GA1:Under 3032:30-50113:Over 501Atlanta,GA Total15Boston,MA1:Under 3052:30-50113:Over 504Boston,MA Total2
232、0Chicago,IL1:Under 3092:30-50233:Over 5021Chicago,IL Total53Houston,TX1:Under 3012:30-50103:Over 507Houston,TX Total18Indianapolis,IN1:Under 3042:30-50133:Over 5022Indianapolis,IN Total39Liberty Corner,NJ1:Under 301182:30-503813:Over 50323Liberty Corner,NJ Total822Los Angeles,CA1:Under 3022:30-50143
233、:Over 502Los Angeles,CA Total18Miami,FL1:Under 3042:30-50253:Over 506Miami,FL Total35New York,NY1:Under 30312:30-50793:Over 5032New York,NY Total142Orange,CA2:30-50113:Over 5029Orange,CA Total40Philadelphia,PA1:Under 3012:30-5063:Over 507Philadelphia,PA Total14Remote,AZ3:Over 502Remote,CA2:30-503Rem
234、ote,CT2:30-5013:Over 501INTERNATIONALLOCATIONAGE GROUPTOTALBermuda1:Under 3042:30-50153:Over 508Bermuda Total27Brazil1:Under 3012:30-5013:Over 500Brazil Total2Brussels3:Over 501Brussels Total1Dublin1:Under 3062:30-50133:Over 503Dublin Total22London1:Under 30272:30-50703:Over 5021London Total118Londo
235、n Expat2:30-501London Expat Total1Singapore1:Under 3022:30-50143:Over 506Singapore Total22Toronto1:Under 3032:30-50343:Over 5028Toronto Total65Zurich1:Under 3012:30-50123:Over 505Zurich Total18Grand Total275LOCATION AGE GROUPTOTALRemote,FL2:30-5013:Over 502Remote,GA3:Over 502Remote,IL3:Over 501Remot
236、e,IN2:30-501Remote,KS3:Over 503Remote,MI3:Over 501Remote,MN2:30-501Remote,NC2:30-502Remote,NH3:Over 501Remote,NJ2:30-501Remote,NY3:Over 501Remote,PA2:30-5023:Over 501Remote,SC3:Over 502Remote,TN2:30-501Remote,VA2:30-501Remote,WA2:30-5013:Over 502Remote Totals1:Under 3002:30-50153:Over 5019Remote Tot
237、al34San Francisco,CA2:30-507San Francisco,CA Total7Stamford,CT1:Under 3012:30-50133:Over 504Stamford,CT Total18Tampa,FL2:30-5033:Over 508Tampa,FL Total11Walnut Creek,CA2:30-50113:Over 5017Walnut Creek,CA Total28Grand Total1314UNITED STATES 2019 CORPORATE RESPONSIBILITY REPORT/PG 35TOTAL NUMBER OF EM
238、PLOYEESBY GENDERBY REGIONMaleFemaleUSCanadaSouth AmericaEuropeAsiaBermuda2019Full-time82574813076421522226Part-time05500000Temporary382108002018Full-time72563611366231172221Part-time05500000Temporary010001002017Full-time6415881031673882119Part-time16700000Temporary00000000EMPLOYEE GENDER DIVERSITYIN
239、TERNATIONALLOCATIONBY GENDERTOTALBermudaFemale14Male13Bermuda Total27BrazilFemale1Male1Brazil Total2BrusselsFemale1Brussels Total1DublinFemale13Male9Dublin Total22LondonFemale42Male75London Total118London ExpatMale1London Expat Total1SingaporeFemale18Male4Singapore Total22TorontoFemale42Male23Toront
240、o Total65ZurichFemale6Male12Zurich Total18Grand Total275LOCATIONBY GENDERTOTALAtlanta,GAFemale3Male12Atlanta,GA Total15Boston,MAFemale10Male10Boston,MA Total20Chicago,ILFemale24Male29Chicago,IL Total53Houston,TXFemale8Male10Houston,TX Total18Indianapolis,INFemale25Male14Indianapolis,IN Total39Libert
241、y Corner,NJFemale396Male426Liberty Corner,NJ Total822Los Angeles,CAFemale7Male11Los Angeles,CA Total18Miami,FLFemale15Male20Miami,FL Total35New York,NYFemale52Male90New York,NY Total142Orange,CAFemale23Male17Orange,CA Total40Philadelphia,PAFemale8Male6Philadelphia,PA Total14Remote,AZMale2Remote,CAFe
242、male2Male1Remote,CTMale2LOCATIONBY GENDERTOTALRemote,FLFemale1Male2Remote,GAMale2Remote,ILFemale1Remote,INFemale1Remote,KSFemale3Remote,MIFemale1Remote,MNMale1Remote,NCFemale1Male1Remote,NHFemale1Remote,NJFemale1Remote,NYMale1Remote,PAFemale2Male1Remote,SCMale2Remote,TNFemale1Remote,VAFemale1Remote,
243、WAFemale2Male1Remote TotalFemale18Male16Remote Total34San Francisco,CAFemale5Male2San Francisco,CA Total7Stamford,CTFemale9Male9Stamford,CT Total18Tampa,FLFemale10Male1Tampa,FL Total11Walnut Creek,CAFemale12Male16Walnut Creek,CA Total28Grand Total1314UNITED STATESPG 36/EVEREST RE GROUPEMPLOYEE ETHNI
244、C DIVERSITYLOCATIONRACE/ETHNICITYTOTALAtlanta,GAAsian1Black or African American2White12Atlanta,GA Total15Boston,MABlack or African American1Hispanic or Latino1White18Boston,MA Total20Chicago,ILAsian1Black or African American2Hispanic or Latino5White45Chicago,IL Total53Houston,TXBlack or African Amer
245、ican4Hispanic or Latino2Native Hawaiian or Other Pacific Islander1White11Houston,TX Total18Indianapolis,INBlack or African American3White36Indianapolis,IN Total39Liberty Corner,NJAsian171Black or African American63Hispanic or Latino47Native Hawaiian or Other Pacific Islander3Two or more races7White5
246、31Liberty Corner,NJ Total822Los Angeles,CAAsian1Black or African American1Hispanic or Latino2Two or more races2White12Los Angeles,CA Total18Miami,FLBlack or African American1Hispanic or Latino26Not available1Two or more races1White6Miami,FL Total35New York,NYAsian16Black or African American8Hispanic
247、 or Latino8Two or more races2White108New York,NY Total142 INTERNATIONALLOCATIONRACE/ETHNICITYTOTALBermudaAsian1Black or African American9Two or more races1White16Bermuda Total27BrazilAsian1Hispanic or Latino1Brazil Total2BrusselsUnavailable1Brussels Total1DublinUnavailable22Dublin Total22LondonUnava
248、ilable118London Total118London ExpatWhite1London Expat Total1SingaporeAsian22Singapore Total22TorontoUnavailable65Toronto Total65ZurichUnavailable18Zurich Total18Grand Total275ABOUT THIS REPORTUNITED STATESLOCATIONRACE/ETHNICITYTOTALOrange,CAAsian7Black or African American2Hispanic or Latino6Two or
249、more races1White24Orange,CA Total40Philadelphia,PAWhite14Philadelphia,PA Total14Remote,AZWhite2Remote,CAHispanic or Latino1White2Remote,CTWhite2Remote,FLHispanic or Latino1White2Remote,GAWhite2Remote,ILWhite1Remote,INWhite1Remote,KSWhite3Remote,MIWhite1Remote,MNWhite1Remote,NCWhite2Remote,NHWhite1Re
250、mote,NJWhite1Remote,NYWhite1Remote,PAWhite3Remote,SCWhite2Remote,TNWhite1Remote,VAWhite1Remote,WAWhite3Remote TotalHispanic or Latino2White32Remote Total34San Francisco,CAAsian1Two or more races2White4San Francisco,CA Total7Stamford,CTAsian1Black or African American1Hispanic or Latino4White12Stamfor
251、d,CT Total18Tampa,FLHispanic or Latino4Two or more races1White11Tampa,FL Total11Walnut Creek,CAAsian4Black or African American3Hispanic or Latino3Native Hawaiian or Other Pacific Islander1White17Walnut Creek,CA Total28Grand Total1314TOTAL EMPLOYEES HIREDBY GENDERBY AGEBY REGIONMaleFemaleUnder 303050
252、Over 50U.S.CanadaSouth AmericaEuropeAsiaBermuda20191801571031805425816059042018152131101125592201913933201715612892140532391003312201613911346150562101411728RATE OF EMPLOYEES HIREDBY GENDERBY AGEBY REGIONMaleFemaleUnder 303050Over 50U.S.CanadaSouth AmericaEuropeAsiaBermuda201911.40%9.95%6.53%11.41%3
253、.42%16.35%1.0%0%3.74%0%0.25%201810.94%9.42%7.27%8.99%4.24%15.83%1.37%0.07%2.81%0.22%0.22%201712.40%10.17%7.31%11.13%4.21%19.00%0.79%0.00%2.62%0.08%0.16%201612.49%10.15%4.13%13.48%5.03%18.87%1.26%0.09%1.53%0.18%0.72%TOTAL EMPLOYEE TURNOVERBY GENDERBY AGEBY REGIONMaleFemaleUnder 303050Over 50U.S.Canad
254、aSouth AmericaEuropeAsiaBermuda201978743271491231101611201869752667521082111320201712186261037817617012022016655413584810940321RATE OF EMPLOYEE TURNOVERBY GENDERBY AGEBY REGIONMaleFemaleUnder 303050Over 50U.S.CanadaSouth AmericaEuropeAsiaBermuda20194.94%4.69%2.03%4.50%3.11%7.79%6.97%0%1.01%0.06%0.06
255、%20184.96%5.40%1.87%4.82%3.74%7.77%1.51%0.07%0.94%0.14%0.00%20179.62%6.84%2.07%8.19%6.20%13.99%1.35%0.00%0.95%0.00%0.16%20165.84%4.85%1.17%5.21%4.31%9.79%0.36%0.00%0.27%0.18%0.09%2019 CORPORATE RESPONSIBILITY REPORT/PG 37ABOUT THIS REPORTPG 38/EVEREST RE GROUPBENEFITS PROVIDED TO EMPLOYEES 1U.S.LIFE
256、 INSURANCEHEALTHCAREDISABILITY AND INVALIDITYPARENTAL LEAVERETIREMENT PROVISIONSTOCK OWNERSHIP2 OTHER 2019Full-Time EmployeesxxxxxxLegal care plan;commuter benefits,identity theft,genetic testing,flexible spending accountsPart-Time Employees3xxxxxSame as aboveTemporary Employees2018Full-Time Employe
257、esxxxxxxLegal care plan;commuter benefits,flexible spending accountsPart-Time EmployeesxxxxxSame as aboveTemporary Employees2017Full-Time EmployeesxxxxxxLegal care plan;flexible spending accountsPart-Time EmployeesxxxxxSame as aboveTemporary Employees2016Full-Time EmployeesxxxxxxLegal care plan;flex
258、ible spending accountsPart-Time EmployeesxxxxxSame as aboveTemporary Employees1We have checked all that apply.2Available to some,but not all,full-time employees depending on employee level.3All part-time employees benefits are subject to certain thresholds relating to the number of hours worked per
259、week.PARENTAL LEAVE U.S.TOTAL NO.OF EMPLOYEES ENTITLED TO PARENTAL LEAVETOTAL NO.OF EMPLOYEES THAT TOOK PARENTAL LEAVETOTAL NO.OF EMPLOYEES THAT RETURNED FROM PARENTAL LEAVETOTAL NO.OF EMPLOYEES THAT STILL EMPLOYED 12 MONTHS AFTER RETURNING FROM PARENTAL LEAVERATE OF EMPLOYEES THAT RETURNED TO WORK
260、AFTER PARENTAL LEAVERATE OF EMPLOYEES THAT REMAINED EMPLOYED 12 MONTHS AFTER RETURNING FROM PARENTAL LEAVEMaleFemaleMaleFemaleMaleFemaleMaleFemaleMaleFemaleMaleFemale2019571505191319131713100%100%89%100%2018468428239239208100%100%87%89%2017366351777765100%100%86%71%4Data for the United States only.5
261、An internal restructuring of job levels in September 2019 resulted in variation in the classification of Executive Leadership for 2019.6Data for the United States only.7Represents all available energy usage data for the offices listed.8Represents available data through July 2019.DIVERSITY OF EXECUTI
262、VE LEADERSHIP 4 5GENDERAGEBY RACE OR ETHNIC GROUPMaleFemaleUnder 303050Over 50WhiteAsianBlack/African AmericanHispanic/LatinoPacific Islander Other201981%19%0%33%67%87%6%2%5%0%0%201878%22%0%49%51%86%8%2%3%1%1%201778%22%0%44%56%86%7%2%4%1%1%201679%21%0%42%58%87%7%3%3%1%0%DIVERSITY OF ALL EMPLOYEES 6G
263、ENDERAGEBY RACE OR ETHNIC GROUPMaleFemaleUnder 303050Over 50WhiteAsianBlack/African AmericanHispanic/LatinoPacific Islander Other201952%48%14%48%38%67%16%7%8%1%1%201853%47%12%48%40%69%14%7%8%1%1%201752%48%10%50%40%69%13%8%8%1%1%201651%49%8%50%42%70%12%8%8%1%1%ENERGY USAGE BY BUILDING 7LIBERTY CORNER
264、,NJNEW YORK,NY820192,904,414 kWh299,720 kWh20183,400,538 kWh482,034 kWhENERGY 2019 CORPORATE RESPONSIBILITY REPORT/PG 39DIVERSITY OF THE BOARD OF DIRECTORSGENDERAGEBY RACE OR ETHNIC GROUPMaleFemaleUnder 303050Over 50WhiteAsianBlack/African AmericanHispanic/LatinoPacific Islander Other201972009900000
265、201871008800000201771008800000201671008800000GRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATIONGRI 102:GENERAL DISCLOSURES 2016 ORGANIZATIONAL PROFILE102-1Name of the organizationEverest Re Group,Ltd.102-2Activities,brands,products and servicesCorporate Responsibility Report:
266、Products Offered,p.42019 Form 10-K,“Reinsurance”,“Insurance”102-3Location of the headquartersCorporate Responsibility Report:Map of Global Operations,“Our Locations”102-4Location of operationsCorporate Responsibility Report:Map of Global Operations,“Our Locations”102-5Ownership and legal formEverest
267、 Re Group,Ltd.is a Bermuda Exempted Company2019 Form 10-K,p.1102-6Markets servedCorporate Responsibility Report:Map of Global Operations,pp.452019 Form 10-K,pp.110102-7Scale of the organizationCorporate Responsibility Report:Map of Global Operations,pp.45 Performance Tables,p.342019 Form 10-K,pp.127
268、,F5,F6,F7,F8,F9102-8Information on employees and other workersCorporate Responsibility Report:Performance Tables,p.35Data based on internal HR data,as of December 31,2019.No significant portion of Everests activities are performed by workers who are not employees.There is no significant variation in
269、 the data reported herein.102-9Supply chainEthics Guidelines and Index to Compliance Policies and Procedures,p.42Our supply chain is necessarily limited by the nature of our business.However,on a daily basis we do engage with brokers,third-party administrators and consultants in order to conduct our
270、 business,and we regularly interact with manufacturers and distributors to supply our offices with materials and support the maintenance of our operations.Everest Re Group does not act as a producer,manufacturer or retailer of physical goods,and is not part of any supply chain in relation to such ac
271、tivities.PG 40/EVEREST RE GROUPABOUT THIS REPORTGRI CONTENT INDEXGRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATION102-10Significant changes to the organization and its supply chainThere have been no significant changes to our share capital structure,operations or supply chai
272、n in 2019.102-11Precautionary Principle or approachEverest has not currently adopted the UNs Precautionary Principle.102-12External initiativesCorporate Responsibility Report:Investments,p.14102-13Membership of associationsCorporate Responsibility Report:Climate Change Policy,pp.2021STRATEGY102-14St
273、atement from a senior decision-makerCorporate Responsibility Report:Letter from the CEO,p.1ETHICS&INTEGRITY102-16Values,principles,standards and norms of behaviorCorporate Responsibility Report:Sustainability at Everest,p.23Investments,p.14Climate Change Policy,pp.2021Our People,pp.2429Ethics Guidel
274、ines and Index to Compliance Policies and Procedures,pp.143Corporate Governance Guidelines,pp.16Code of Ethics for Chief Executive Officer and Senior Financial Officers,pp.12GOVERNANCE102-18Governance structureCorporate Responsibility Report:Governance of Sustainability,p.3 About Everest Re Group,pp
275、.69Corporate Governance Guidelines,pp.16STAKEHOLDER ENGAGEMENT102-40List of stakeholder groupsCorporate Responsibility Report:About This Report,p.32102-41Collective bargaining agreementsNone of our employees are covered by collective bargaining agreements102-42Identifying and selecting stakeholdersC
276、orporate Responsibility Report:About This Report,p.32 2019 CORPORATE RESPONSIBILITY REPORT/PG 41GRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATION102-43Approach to stakeholder engagementCorporate Responsibility Report:About This Report,p.32102-44Key topics and concerns raised
277、INVESTORS AND SHAREHOLDERS:A primary topic raised during our 2019 meetings with our top institutional shareholders was an increasing desire for transparency in ESG-related decision-making.This communication,in part,led to the creation of this inaugural Corporate Responsibility Report.Other questions
278、 related to our climate change policy,responsible investing,and Board diversity and compensation procedures.EMPLOYEES:Employee surveys largely revealed contentment with and a continuing desire for our talent development program and the value we place on the work-life balance.These conversations and
279、evaluations informedand will continue to informour efforts to promote employee health and wellness.CUSTOMERS:While economic performance is naturally an interest of all our stakeholders,the products we offer and the markets we serve have a direct impact on our customers.Other topics of interest to ou
280、r clients include our local community involvement and general corporate responsibility practices.COMMUNITIES:We have received an overwhelmingly positive response to our volunteerism and involvement in our local communities.Accordingly,continuing our donation of time and resources is of the utmost im
281、portance to the communities in which we operate.We continued our dedication to charitable outreach through 2019,and plan to for years to come.REPORTING PRACTICE102-45Entities included in the consolidated financial statementsThe entities included in the Consolidated Financial Statements in Everests 2
282、019 Form 10-K,and listed on Exhibit 21.1 thereto,are covered by this report 102-46Defining report content and topic BoundariesCorporate Responsibility Report:About This Report,p.33102-47List of material topicsCorporate Responsibility Report:About This Report,p.33102-48Restatements of informationDoes
283、 not apply.As this is Everests first report,no information is restated from prior reporting periods.PG 42/EVEREST RE GROUPABOUT THIS REPORTGRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATION102-49Changes in reportingDoes not apply.As this is Everests first report,there have be
284、en no changes in our reporting practice since the last reporting period.102-50Reporting periodJanuary 1,2019December 31,2019 102-51Date of most recent reportDoes not apply.This is Everests inaugural Corporate Responsibility Report.102-52Reporting cycleGoing forward,at least biennial.102-53Contact po
285、int for questions regarding this reportSANJOY MUKHERJEE Executive Vice President,General Counsel and Chief Compliance OfficerDAVID SIGMON Associate General Counsel102-54Claims of reporting in accordance with the GRI StandardsCorporate Responsibility Report:About This Report,p.32This report has been
286、prepared in accordance with the GRI Standards:Core option.102-55GRI Content IndexCorporate Responsibility Report:About This Report,pp.4046 102-56External AssuranceThis report has not been externally assured.GRI 201:ECONOMIC PERFORMANCE 2016103-1Explanation of the material topic and its boundaryCorpo
287、rate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Economic Performance,pp.1011 Investments,pp.14162019 Form 10-K2020 Proxy Statement,pp.3,43-44,5682019 Annual Report,pp.25Q4 2019 Investor Presentation ,“Webcasts and Presen
288、tations”103-3Evaluation of the management approachCorporate Responsibility Report:Economic Performance,pp.1011 Investments,pp.14162019 Form 10-K2020 Proxy Statement,pp.3,43-44,562019 Annual Report,pp.25Q4 2019 Investor Presentation ,“Webcasts and Presentations”2019 CORPORATE RESPONSIBILITY REPORT/PG
289、 438References to page numbers in the 2019 Annual Report and 2020 Proxy Statement are approximate,as these documents will be published soon after the initial publication of this Report.Please see the 2018 Annual Report and 2019 Proxy Statement for further reference as to the Companys equivalent disc
290、losures last year.GRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATION201-1Direct economic value generated and distributedCorporate Responsibility Report:Economic Performance,pp.10112019 Form 10-K2020 Proxy Statement,pp.3,4244,562019 Annual Report,pp.25GRI 205:ANTI-CORRUPTION 2
291、016103-1Explanation of the material topic and its boundaryCorporate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Anti-Corruption,p.19Ethics Guidelines and Index to Compliance Policies and Procedures,pp.1-43Corporate Govern
292、ance Guidelines,pp.1-6Code of Ethics for Chief Executive Officer and Senior Financial Officers,pp.1-2103-3Evaluation of the management approachCorporate Responsibility Report:Anti-Corruption,p.19 About This Report,p.32Ethics Guidelines and Index to Compliance Policies and Procedures,pp.1-43Corporate
293、 Governance Guidelines,pp.1-6Code of Ethics for Chief Executive Officer and Senior Financial Officers,pp.1-2205-1Operations assessed for risks related to corruptionCorporate Responsibility Report:Anti-Corruption,p.19Ethics Guidelines and Index to Compliance Policies and Procedures,pp.1-43Corporate G
294、overnance Guidelines,pp.1-6Code of Ethics for Chief Executive Officer and Senior Financial Officers,pp.1-2100%of Everests operations were assessed for risks related to corruption by our legal and compliance staff.205-2Communication and training about anti-corruption policies and proceduresCorporate
295、Responsibility Report:Anti-Corruption,p.19Ethics Guidelines and Index to Compliance Policies and Procedures,pp.1-43Corporate Governance Guidelines,pp.1-6Code of Ethics for Chief Executive Officer and Senior Financial Officers,pp.1-2All of our employees worldwide have received copies of our Ethics Gu
296、idelines and Corporate Governance Guidelines,and received introductory training on these documents during new hire orientation.PG 44/EVEREST RE GROUPABOUT THIS REPORTGRI STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATIONGRI 302:ENERGY 2016103-1Explanation of the material topic an
297、d its boundaryCorporate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Climate Change Policy,pp.2023103-3Evaluation of the management approachCorporate Responsibility Report:Climate Change Policy,pp.2023Our climate change po
298、licy is overseen by the Board of Directors and is externally assessed by shareholders throughout the course of our stakeholder engagement process.302-1Energy consumption within the organizationCorporate Responsibility Report:Performance Tables,p.39This indicator is partially reported based on availa
299、ble data.GRI 307:ENVIRONMENTAL COMPLIANCE 2016103-1Explanation of the material topic and its boundaryCorporate Responsibility Report:About this Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Climate Change Policy,pp.3,1821 103-3Evaluation of the management
300、approachCorporate Responsibility Report:Climate Change Policy,pp.3,1821307-1Non-compliance with environmental laws and regulationsDuring the reporting period,no instances of non-compliance with environmental laws or regulations resulting in fines or non-monetary sanctions from competent authorities
301、were identified.GRI 401:EMPLOYMENT 2016103-1Explanation of the material topic and its boundaryCorporate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Our Employees,pp.2429Ethics Guidelines and Index to Compliance Policies a
302、nd Procedures,p.19103-3Evaluation of the management approachCorporate Responsibility Report:Our Employees,pp.2429 About This Report,p.32Ethics Guidelines and Index to Compliance Policies and Procedures,p.19401-1New employee hires and employee turnoverCorporate Responsibility Report:Performance Table
303、s,p.37401-2Benefits provided to full-time employees that are not provided to temporary or part-time employeesCorporate Responsibility Report:Our People,p.28 Performance Tables,p.38401-3Parental leaveCorporate Responsibility Report:Performance Tables,p.39 2019 CORPORATE RESPONSIBILITY REPORT/PG 45GRI
304、 STANDARDDESCRIPTIONEVEREST RESPONSE&CROSS REFERENCEFURTHER INFORMATIONGRI 403:OCCUPATIONAL HEALTH AND SAFETY 2016103-1Explanation of the material topic and its boundaryCorporate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Repor
305、t:Our People,p.29103-3Evaluation of the management approachCorporate Responsibility Report:Our People,p.29 About This Report,p.32403-6Promotion of worker healthCorporate Responsibility Report:Our People,p.29GRI 405:DIVERSITY&EQUAL OPPORTUNITY 2016103-1Explanation of the material topic and its bounda
306、ryCorporate Responsibility Report:About This Report,p.33103-2The management approach and its componentsCorporate Responsibility Report:Our People,pp.2425Ethics Guidelines and Index to Compliance Policies and Procedures,p.19103-3Evaluation of the management approachCorporate Responsibility Report:Our
307、 People,pp.2425Ethics Guidelines and Index to Compliance Policies and Procedures,p.19405-1Diversity of governance bodies and employeesCorporate Responsibility Report:Our People,pp.2425 Performance Tables,pp.3839Due to the nature of the data required,only data for U.S.employees is available.PG 46/EVEREST RE GROUPABOUT THIS REPORTDesign by Curran&Connors,Inc./www.curran-Seon Place,4th Floor 141 Front Street P.O.Box HM 845Hamilton,HM 19 BermudaEverest Re Group,Ltd.
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手機快捷登錄
賬號登錄
