Everest Reinsurance Holdings, Inc.

Bermuda
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Everest Reinsurance Holdings does not provide viewpoint protections for its employees but has not publicly terminated business relationships based on views or beliefs. The company is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices. Everest prioritizes diversity in its recruitment and hiring and offers bias awareness training to its employees. Everest Reinsurance expanded its gift matching program in June 2020 to support social justice charities, donating $200,000 to the NAACP and Equal Justice Initiative. For these reasons, Everest Reinsurance Holdings, Inc. receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Everest Reinsurance is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1). The company partners with the National African American Insurance Association, the International Association of Black Actuaries, the Diversity and Inclusion Center for Equity (“DICE”), and Grace Hopper to prioritize diversity in recruitment and hiring (2). However, it has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
N/A
Rationale

Everest Reinsurance does not publish charitable giving guidelines (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Everest Reinsurance does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Everest Reinsurance supports DEI within its business practices. The company has a DEI Council and partners with Blue Ocean Brain to offer bias awareness training to its employees (1). Otherwise, it has not supported ideological causes or policies (2)(3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Everest Reinsurance expanded its gift matching program in June 2020 to support charities that “support the fight against social injustice, inequality, racism, and discrimination” and itself made a donation of $200,000 split between the NAACP and the Equal Justice Initiative (1). The company sponsored the Dive In Festival, an event focused on DEI causes (2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Everest Reinsurance does not operate a PAC or engage in lobbying at this time (1)(2).

All links were last accessed and all information was updated on:
November 20, 2023

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