Responsible Investment Policy
Everest’s principal investment objectives are to ensure funds are available to meet our insurance and reinsurance obligations, and to maximize investment income while maintaining a responsible and high-quality diversified investment portfolio.
Environmental, Social, and Corporate Governance Factors
Everest acknowledges that environmental, social, and corporate governance (ESG) factors can affect investment portfolios. As a result, Everest believes that it is necessary to consider ESG factors when making investment decisions.
Principles of Responsible Investment
As a demonstration of our commitment to responsible investment, in 2019 Everest became a signatory to the United Nations' supported Principles of Responsible Investment ("UN-PRI").
The UN-PRI is the world's leading proponent of responsible investment, with over 2,300 signatories representing more than U.S. $82 trillion in AUM. The UN-PRI defines responsible investment as a strategy and practice to incorporate ESG factors into investment decisions and active ownership.
We are also determined to do business with other companies which share our commitment to these Principles. We are proud that approximately 79% of our total assets are managed by other UN-PRI signatories. This includes approximately 94% of our fixed-income assets.
For more information regarding Everest's responsible investment initiatives, please see our Corporate Responsibility Report.