ITEM 2.02 DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On February 10, 2020, the registrant issued a news release announcing its fourth quarter 2019 results. A copy of that news release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The news release furnished herewith contains information regarding the registrant's operating income (loss). Operating income (loss) differs from net income (loss) attributable to Everest Re Group, the most directly comparable generally accepted accounting principle financial measure, by the exclusion of realized capital gains (losses) on investments, net foreign exchange income (expense) and the impact of the enactment of the Tax Cuts and Jobs Act of 2017 ("TCJA"). Management believes that presentation of operating income (loss) provides useful information to investors because it more accurately measures and predicts the registrant's results of operations by removing the variability arising from both the management of the registrant's investment portfolio and the fluctuations of foreign currency exchange rates, as well as the impact of one-time items such as the enactment of the TCJA. In addition, management, analysts and investors use operating income (loss) to evaluate the financial performance of the registrant and the insurance industry in general.

In accordance with general instruction B.2 of Form 8-K, the information in this report, including exhibits, is furnished pursuant to Item 2.02 and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section.




ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS
(c)         Exhibits

            Exhibit No. Description

            99.1        News Release of the registrant,
                        dated February 10, 2020

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