September 10, 2008

EVEREST RE: SEC Probe over Loss Mitigation Insurance Ongoing

COMPANIES: Everest Re Group Ltd | Everest Reinsurance Holdings Inc
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Everest Re Group, Ltd. continues to cooperate with the U.S. Securities and Exchange Commission in its investigation regarding Everest Reinsurance Holdings, Inc.’s loss mitigation insurance products.

In May 2005, the Company’s subsidiary, Holdings, received and responded to a subpoena from…

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