Everest Re Group, Ltd. Appoints Craig Eisenacher Chief Financial Officer

Everest Re Group, Ltd. has announced that it has appointed Craig E. Eisenacher as Executive Vice President and Chief Financial Officer effective December 18, 2006.

Mr. Eisenacher joins Everest from Bristol West Holdings, Inc. (NYSE: BRW) where he holds the position of Senior Vice President and Chief Financial Officer. He has extensive reinsurance and insurance experience having held senior-level finance positions at General Reinsurance Corporation, Prudential Reinsurance Company and American Re-Insurance Company. Mr. Eisenacher is a graduate of Duke University and holds the Chartered Property and Casualty Underwriter designation.

Mr. Joseph V. Taranto, Chairman and Chief Executive Officer, said “We are very pleased to have secured an experienced executive of Craig’s caliber and background to join the Everest team. His financial management expertise and his strong business acumen will be instrumental in the continued success of our organization.”

Mr. Eisenacher replaces Stephen L. Limauro who, as previously announced, will be retiring after 33 years with the Company. Mr. Limauro will be assisting during the transition period to ensure continuity.