securityholders8k2q11.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
May 18, 2011


Everest Re Group, Ltd.
(Exact name of registrant as specified in its charter)

Bermuda
1-15731
98-0365432
     
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
     
Wessex House – 2nd Floor
45 Reid Street
PO Box HM 845
Hamilton HM DX, Bermuda
Not Applicable
     
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code 441-295-0006
 

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 
 
ITEM 5.07
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
 
  (a)
The Annual General Meeting of Shareholders of the registrant was held on May 18, 2011.

  (b)
The shareholders elected Class III Director nominees William F. Galtney, Jr., John P. Phelan and Roger M. Singer; appointed PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2011; approved an amendment to the Company’s Bye-laws to allow the declassification of the Board of Directors; approved the Everest Re Group, Ltd. Executive Performance Annual Incentive Plan, as amended; approved, by non-binding advisory vote, 2010 compensation paid to the Company’s Named Executive Officers and approved, by non-binding advisory vote, the Board’s recommendation that future non-binding advisory votes on executive compensation be held every year. 
 
 
The votes cast with respect to each such matter are as follows:
 
 
 Total Shares Represented at the Meeting in Person or Proxy
 
 54,575,638
   
     
Against or
        
 
For
  
Withheld
  
Abstain
  
Non-votes
               
Election of Class III directors each to serve a three year period to
              
expire at the 2014 Annual General Meeting of Shareholders:
              
               
William F. Galtney, Jr.
 47,836,377
  
 4,768,154
  
-
  
 1,971,107
John P. Phelan
 52,164,794
  
 439,737
  
-
  
 1,971,107
Roger M. Singer
 51,343,110
  
 1,261,421
  
-
  
 1,971,107
               
Appointment of PricewaterhouseCoopers LLP as the Company's
              
independent registered public accounting firm for the year ending
 54,056,985
  
 516,871
  
 1,782
  
 -
December 31, 2011
              
               
Approval of an amendment to the Company's Bye-laws to allow the
              
declassification of the Board of Directors
 53,953,043
  
 608,409
  
 14,186
  
 -
               
Approval of the Everest Re Group, Ltd. Executive Performance Annual
              
Incentive Plan, as amended
 50,438,622
  
 1,803,324
  
362,585
  
 1,971,107
               
Approval, by non-binding advisory vote, of 2010 compensation paid
              
to the Company's Named Executive Officers
 45,024,220
  
 7,475,497
  
 104,814
  
 1,971,107
               
Approval, by non-binding advisory vote, of the Board's recommendation
             
     that future non-binding advisory votes on executive compensation be              
    held every year:
              
               
One Year
 48,711,609
  
-
  
-
  
-
Two Years
 73,819
  
 -
  
 -
  
 -
Three Years
 3,761,229
  
 -
  
 -
  
 -
       -  
 57,874
    1,971,107
 
 
 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
   
EVEREST RE GROUP, LTD.
         
         
         
 
By:
 /S/ DOMINIC J. ADDESSO
 
   
Dominic J. Addesso
   
Executive Vice President and
        Chief Financial Officer



Dated:  May 20,  2011