v3.26.1
SENIOR NOTES (Tables)
 3 Months Ended
Mar. 31, 2026
Senior Notes [Abstract]  
Schedule of Outstanding Senior Notes
The table below displays Everest Reinsurance Holdings, Inc.’s (“Holdings”) outstanding senior notes (the “Senior Notes”). Fair value is based on quoted market prices, but due to limited trading activity, the Senior Notes are considered Level 2 in the fair value hierarchy.
March 31, 2026December 31, 2025
(Dollars in millions)Date IssuedDate DuePrincipal
Amounts		Consolidated Balance
Sheet Amount		Fair ValueConsolidated Balance
Sheet Amount		Fair Value
4.868% Senior notes
6/5/20146/1/2044$400 $398 $339 $398 $355 
3.5% Senior notes
10/7/202010/15/20501,000 982 664 982 698 
3.125% Senior notes
10/4/202110/15/20521,000 972 605 972 636 
$2,400 $2,352 $1,609 $2,352 $1,689 
(Some amounts may not reconcile due to rounding.)
Schedule of Interest Expense Incurred in Connection with Senior Notes
Interest expense incurred in connection with the Senior Notes is as follows for the periods indicated:
Three Months Ended
March 31,
(Dollars in millions)Interest PaidPayable Dates20262025
4.868% Senior notes
semi-annuallyJune 1/December 1$5 $5 
 3.5% Senior notes
semi-annuallyApril 15/October 159 9 
 3.125% Senior notes
semi-annuallyApril 15/October 158 8 
$22 $22 
(Some amounts may not reconcile due to rounding.)