Joseph V. Taranto to Remain as CEO of Everest Re Group through 2013; Dominic J. Addesso Named as Successor

Everest Re Group, Ltd.

today announced that Joseph V. Taranto has agreed to continue in his role as Chief Executive Officer of the Company through 2013, at which point he will retire from this position. Effective January 1, 2014, Dominic J. Addesso, President, will succeed Mr. Taranto as the Chief Executive Officer.