EG · 10-Q · 2026Q3 · Full report

Bermuda Regulatory Capital Supervision

EVEREST GROUP, LTD. · 2026-10-30 · Importance 47 · Surprise 60

Everest Reinsurance (Bermuda) Ltd. is regulated by the Bermuda Monetary Authority (BMA) and is subject to the Bermuda Solvency Capital Requirement (BSCR); Everest Reinsurance Company is regulated by Delaware and subject to the U.S. NAIC risk-based capital framework. During the three months ended June 30, 2026, the BMA formally notified Everest Group of its group supervision and designated Bermuda Re as the “designated insurer.” Bermuda Re reported statutory economic capital and surplus of $5.415 billion against required capital and surplus of $2.532 billion at September 30, 2026. Failure to meet statutory capital requirements could lead to restrictions on business activity and dividends to parent companies.

Key facts

• Bermuda Re statutory economic capital and surplus was $5.415 billion at December 31, 2025, and required statutory capital and surplus was $2.532 billion. source