Everest Expands Distribution of its Non Standard Automobile Product

Business Wire, Sept 11, 2008

ALPHARETTA, Ga. -- Everest Security Insurance Company, a U.S. insurance subsidiary of Everest Re Group, Ltd. (NYSE: RE), announced today it is now offering non-standard automobile insurance in South Carolina through its network of independent agents.

Everest Security Insurance Company has underwritten non-standard automobile insurance in Georgia and Alabama since 1988. The South Carolina polices will be issued by Everest National Insurance Company, an affiliated company. The product offers competitive rates along with a full array of claims services to its customers.

Everest Security Insurance Company and Everest National Insurance Company are rated A (Superior) by A.M. Best.

To learn more about Everest's Non-Standard Automobile product and services, visit www.esicinsurance.com or contact Thad English at 1-800-545-7742.

Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Additional information on Everest Re Group companies can be found at the Group's web site at www.everestre.com.