Cover and table of contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

20549

FORM

10-K

X

Annual Report Pursuant to Section

13 or 15(d) of the Securities Exchange Act of

1934

For the fiscal year ended

December 31, 2022

---

Transition Report Pursuant

to Section 13 or 15(d) of the Securities Exchange

Act of 1934

Commission file number

1-15731

EVEREST RE GROUP, LTD.

(Exact name of registrant as specified

in its charter)

Bermuda

98-0365432

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

Seon Place – 4

th

Floor

141 Front Street

PO Box HM 845

Hamilton

HM 19

,

Bermuda

-

295-0006

(Address, including zip code, and telephone number,

including area code, of registrant’s

principal executive office)

Securities registered pursuant

to Section 12(g) of the Act:

None

Indicate by check mark if the registrant

is a well-known seasoned issuer,

as defined in Rule 405 of the Securities Act.

YES

X

NO

Indicate by check mark if the registrant

is not required to file reports pursuant

to Section 13 or Section 15(d) of the Act.

YES

NO

X

Indicate by check

mark whether the registrant:

(1) has filed all reports

required to be

filed by Section 13

or 15(d) of the

Securities Exchange Act

of 1934 during the

preceding 12 months

(or

for such shorter period that the registrant

was required to file such reports),

and (2) has been subject to such filing requi

rements for the past 90 days.

YES

X

NO

Indicate by check

mark whether the registrant

has submitted electronically

every Interactive

Data File required

to be submitted

pursuant to Rule

405 of Regulation

S-T during the preceding

12 months (or for such shorter period that

the registrant was required

to submit such files).

YES

X

NO

Indicate by check mark if disclosure

of delinquent filers pursuant

to Item 405 of Regulation S-K

is not contained herein, and

will not be contained, to the best

of the registrant’s

knowledge, in

definitive proxy or information

statements incorporated

by reference in Part III

of this Form 10-K or any amendment to

this Form 10-K.

[

]

Indicate by check mark whether

the registrant is a

large accelerated filer,

an accelerated filer,

a non-accelerated filer,

a smaller reporting company

or an emerging growth

company.

See the

definitions of “large accelerated filer,”

“accelerated filer,”

“smaller reporting company” and “emerging

growth company” in Rule 12b-2 of the Exchange

Act.

Large accelerated filer

X

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

Indicate by check mark if the

registrant is an emerging

growth company and

has elected not to use the

extended transition period for

complying with any new or revised

financial accounting

standards provided pursuant

to Section 13(a) of the Exchange act.

YES

NO

X

Indicate by check mark whether the registrant

is a shell company (as defined in Rule 12b-2

of the Exchange Act).

YES

NO

X

Indicate by check mark

whether the registrant

has filed a report on

and attestation

to its management’s

assessment of the effectiveness

of its internal control

over financial reporting

under

Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.

7262(b)) by the registered public accounting

firm that prepared or issued its audit report.

YES

X

NO

If securities are

registered

pursuant to

Section 12(b)

of the

Act, indicate

by check

mark whether the

financial statements

of the

registrant included

in the filing

reflect the

correction of

an

error to previously issued financial statements.

YES

NO

X

Indicate

by

check mark

whether

any

of

those

error

corrections

are

restatements

that

required

a recovery

analysis

of

incentive-based

compensation

received

by

any

of

the registrant’s

executive officers during the relevant

recovery period pursuant

to §240.10D-1(b).

YES

NO

x

The aggregate

market value

on June

30, 2022, the

last business

day of the

registrant’s

most recently

completed second

quarter,

of the voting

shares held

by non-affiliates

of the registrant

was $

11.0

billion.

Securities registered pursuant

to Section 12(b) of the Act:

Class

Trading Symbol

Name of Exchange where

Registered

Number of Shares Outstanding

At February 1, 2023

Common Shares, $0.01 par value

RE

New York Stock Exchange

39,157,235

DOCUMENTS INCORPORATED BY

REFERENCE

Certain information

required by

Items 10,

11, 12, 13

and 14 of

Form 10-K

is incorporated

by reference

into Part

III hereof

from the registrant’s

proxy statement

for the

2023 Annual General

Meeting of

Shareholders,

which

will

be

filed

with

the

Securities

and

Exchange

Commission

within

days

of

the

close

of

the

registrant’s

fiscal

year

ended

December

31,

EVEREST RE GROUP,

LTD

TABLE OF CONTENTS

FORM 10-K

Page

PART I

Item 1.

Business

Item 1A.

Risk Factors