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)
October 21, 2016


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.)
     
Seon Place – 4th Floor
141 Front Street
PO Box HM 845
Hamilton HM 19, 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 5.02
DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS, ELECTION OF DIRECTORS, APPOINTMENT OF PRINCIPAL OFFICERS

On October 21 2016, the registrant entered into an Employment Agreement effective June 1, 2016, with John P. Doucette as Executive Vice President of Everest Global Services, Inc. and President and Chief Executive Officer of the Reinsurance Division of Everest Re Group, Ltd.  A copy of the Employment Agreement is filed herewith as Exhibit 10.1 and incorporated herein by reference.  The material terms of the Employment Agreement are as follows:

Term: June 1, 2016 to June 1, 2019.
Annual Salary: $690,000 per year.
Annual Incentive Bonus:  Eligible to participate in bonus program or plan established by the registrant, with such program or plan subject to approval of shareholders.
Executive Stock Based Incentive Plan:  Eligible to participate in Executive Stock Based Incentive Plan.

ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS

(c)
 
Exhibits
 
       
   
Exhibit No.
Description
       
   
10.1
Employment Agreement with John P. Doucette dated October 21, 2016
 

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/ CRAIG HOWIE
 
   
Craig Howie
   
Executive Vice President and
     
Chief Financial Officer


Dated:  October 26, 2016
 

EXHIBIT INDEX

 
Exhibit
     
Number
 
Description of Document
Page No.
       
10.1
 
Employment agreement with
 
   
John P. Doucette dated October 21, 2016
5