HAMILTON, Bermuda - November 11, 2004 -- Everest Reinsurance (Bermuda)Ltd, a wholly owned subsidiary of Everest Re Group Ltd., announced the appointment of Tom Jackson as General Manager of its United Kingdom Branch, located in London. This operation writes treaty reinsurance on behalf of Everest Reinsurance (Bermuda) Ltd. for clients located throughout the United Kingdom and Europe. In addition to his responsibilities as General Manager of the Branch, Mr. Jackson is also the Branch's Chief Underwriting Officer.

"I am pleased that Tom is assuming responsibility for the management of the Branch," said Mark de Saram, Chief Executive Officer of Everest Reinsurance (Bermuda) Ltd. "His knowledge and expertise position him superbly with respect to the needs of the branch as well as those of its clients."

Prior to this appointment Mr. Jackson served as senior underwriting executive of the Everest Reinsurance (Bermuda) Ltd.'s United Kingdom Branch and previously in the same capacity for its predecessor entity, Everest Reinsurance Company's United Kingdom Branch.

Everest Reinsurance (Bermuda), Ltd. ("Everest Bermuda") is a Bermuda domiciled reinsurer licensed as a long term and Class 4 insurer under the Bermuda Insurance Act of 1978. It was formed in March 2000 as a wholly owned subsidiary of Everest Re Group, Ltd. Everest Bermuda offers a broad and expanding range of property and casualty reinsurance and insurance products. Everest Bermuda also operates through a UK Branch in London, supported by Everest Advisors (UK), Ltd., where its focus is to serve the UK and European reinsurance markets. Everest Advisors (UK), Ltd. also provides representation and support services to European customers from its office in Brussels, Belgium.