Everest Re Group (RE) will raise its quarterly dividend by 8.7 percent to $1.25 per share. This dividend will be payable on or before December 14, 2016 to all shareholders of record as of November 30, 2016. Based on Wednesday's $213.07 closing price the new dividend yield for Everest Re is 2.3%.

Everest Re Group, Ltd., through its subsidiaries, is provider of reinsurance and insurance in the United States, Bermuda and international markets. The company offers property, casualty, and specialty products through its various operating affiliates.  The Company offers treaty and facultative reinsurance and admitted and non-admitted insurance. The company’s products include the full range of property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors’ and officers’ liability, medical malpractice, other specialty lines, accident and health and workers’ compensation. Everest Re Group is domiciled in Bermuda. Its subsidiaries include Everest Reinsurance (Bermuda), Ltd. (Bermuda Re) and Everest International Reinsurance, Ltd.