Item 5. MARKET

MARKET

FOR

REGISTRANT’S

COMMON

EQUITY,

RELATED

SHAREHOLDER

MATTERS

AND

ISSUER

PURCHASES OF EQUITY SECURITIES

Market Information.

The common shares of Group

trade on the New York

Stock Exchange under

the symbol, “RE”.

The quarterly high

and low closing market prices of Group’s

common shares for the periods indicated

were:

2022

2021

High

Low

High

Low

First Quarter

$

304.72

$

267.35

$

255.97

$

211.08

Second Quarter

307.10

265.00

276.95

236.21

Third Quarter

285.67

245.79

273.68

236.68

Fourth Quarter

337.94

260.84

286.62

250.41

Number of Holders of Common Shares.

The number of record

holders of common

shares as of February

1, 2023 was 729.

That number does not

include

the beneficial

owners

of shares

held in

“street”

name or

held through

participants

in depositories,

such as

The

Depository Trust

Company.

Dividend History and Restrictions.

The Board

of Directors

of the

Company

has

an established

policy

of declaring

regular

quarterly

cash

dividends

and

has

paid

a

regular

quarterly

dividend

in

each

quarter

since

the

fourth

quarter

of

The

Company

declared

and

paid

its

quarterly

cash

dividend

of $1.55

per

share

for

the

four

quarters

of 2021.

The

Company

declared

and

paid

its

quarterly

cash

dividend

of

$1.55

per

share

for

the

first

quarter

of

2022

and

paid

its

quarterly cash

dividend of $1.65

per share

for the

remaining three

quarters of

On February

23, 2023, the

Company’s

Board of

Directors

declared a

dividend of

$1.65 per

share,

payable

on or

before

March 30,

2023 to

shareholders of record on

March 16, 2023.

The declaration and payment

of future dividends, if any,

by the Company will be at

the discretion of the Board

of

Directors

and

will

depend

upon

many

factors,

including

the

Company’s

earnings,

financial

condition,

business

needs

and

growth

objectives,

capital

and

surplus

requirements

of

its

operating

subsidiaries,

regulatory

restrictions,

rating

agency considerations

and other

factors.

As an

insurance

holding company,

the Company

is

partially dependent on dividends

and other permitted payments

from its subsidiaries

to pay cash dividends

to its

shareholders.

The

payment

of

dividends

to

Group

by

Holdings

and

to

Holdings

by

Everest

Re

is

subject

to

Delaware

regulatory

restrictions

and the

payment

of dividends

to Group

by Bermuda

Re is

subject to

Bermuda

insurance

regulatory

restrictions.

See “Regulatory

Matters

– Dividends”

and ITEM

8, “Financial

Statements

and

Supplementary Data” - Note 14 of Notes

to Consolidated Financial Statements.

Purchases of Equity Securities by the Issuer and

Affiliated Purchasers

Issuer Purchases of Equity Securities

(a)

(b)

(c)

(d)

Maximum Number (or

Total Number of

Approximate Dollar

Shares (or Units)

Value) of Shares (or

Purchased as Part

Units) that May Yet

Total Number of

of Publicly

Be Purchased Under

Shares (or Units)

Average Price Paid

Announced Plans or

the Plans or

Period

Purchased

per Share (or Unit)

Programs

Programs (1)

January 1 - 31, 2022

—

$

—

—

1,470,181

February 1 - 28, 2022

44,455

$

299.5577

—

1,470,181

March 1 - 31, 2022

11,175

$

269.9151

5,000

1,465,181

April 1 - 30, 2022

—

$

—

—

1,465,181

May 1 - 31, 2022

1,601

$

276.8129

—

1,465,181

June 1 - 30, 2022

$

270.2875

—

1,465,181

July 1 - 31, 2022

—

$

—

—

1,465,181

August 1 - 31, 2022

128,764

$

252.6871

128,764

1,336,417

September 1 - 30, 2022

110,531

$

252.6578

105,007

1,231,410

October 1 - 31, 2022

2,502

$

256.7054

2,502

1,228,908

November 1 - 30, 2022

3,828

$

321.1994

—

1,228,908

December 1 - 31, 2022

—

$

—

—

1,228,908

Total

303,657

$

—

241,273

1,228,908

(1)

On

May

22,

2020,

the

Company’s

executive

committee

of

the

Board

of

Directors

approved

an

amendment

to

the

share

repurchase

program

authorizing the

Company

and/or its

subsidiary Holdings,

to purchase

up to

a current

aggregate

of 32.0

million of

the Company’s

shares (recognizing

that the

number

of

shares

authorized

for

repurchase

has

been

reduced

by

those

shares

that

have

already

been

purchased)

in

open

market

transactions,

privately

negotiated transactions or both.

As of December 31, 2022 the Company and/or

its subsidiary Holdings have repurchased

30.8 million of the Company’s shares.

Recent Sales of Unregistered

Securities.

None.

168.99

156.89

181.93

$0

$50

$100

$150

$200

$250

1/1/2017

1/1/2018

1/1/2019

1/1/2020

1/1/2021

1/1/2022

COMPARISON

OF 5 YEAR CUMULATIVE

TOTAL

RETURN*

Among Everest Re Group,

Ltd., the S&P 500 Index

and the S&P Property & Casualty Insurance

Index

Everest Re Group, Ltd.

S&P 500

S&P Property & Casualty Insurance

Performance Graph.

The

following

Performance

Graph

compares

cumulative

total

shareholder

returns

on

the

Common

Shares

(assuming reinvestment of

dividends) from December 31, 2017 through

December 31, 2022, with the cumulative

total

return

of

the

Standard

&

Poor’s

Index

and

the

Standard

&

Poor’s

Insurance

(Property

and

Casualty)

Index.

12/17

12/18

12/19

12/20

12/21

12/22

Everest Re Group, Ltd.

100.00

100.73

131.11

113.99

136.61

168.99

S&P 500

100.00

95.62

125.72

148.85

191.58

156.89

S&P Property & Casualty Insurance

100.00

95.31

119.97

128.31

153.05

181.93

*$100 invested on 12/31/22 in stock or index, including reinvestment of dividends.

Fiscal year ending December 31.

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