XML 40 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Summary Of Contributions To Defined Benefit Pension Plans

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Company contributions	$	4,750		$	77,743		$	10,534

Summary Of Accumulated Benefit Obligation

	At December 31,
(Dollars in thousands)	2019			2018
Qualified Plan	$	288,328		$	237,855
Non-qualified Plan		21,642			24,472
Total	$	309,970		$	262,327
(Some amounts may not reconcile due to rounding.)

Projected Benefit Obligations In Excess Of Plan Assets

	At December 31,
(Dollars in thousands)	2019			2018
Qualified Plan
Projected benefit obligation	$	333,715		$	275,772
Fair value of plan assets		301,467			260,531
Non-qualified Plan
Projected benefit obligation	$	21,642		$	24,472
Fair value of plan assets		-			-

Accumulated Benefit Obligations In Excess Of Plan Assets

	At December 31,
(Dollars in thousands)	2019			2018
Qualified Plan
Accumulated benefit obligation	$	-		$	-
Fair value of plan assets		-			-
Non-qualified Plan
Accumulated benefit obligation	$	21,642		$	24,472
Fair value of plan assets		-			-

Incurred Expenses Related To Defined Contribution Plans For U.S. Employees

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Incurred expenses	$	10,794		$	9,301		$	7,167

Incurred Expenses Related To Defined Contribution Plans For Non-U.S. Employees

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Incurred expenses	$	2,216		$	2,057		$	1,849

Changes In The Assumed Healthcare Cost Trend

	Percentage			Percentage
	Point Increase			Point Decrease
(Dollars in thousands)	($ Impact)			($ Impact)
a. Effect on total service and interest cost components	$	434		$	(335)
b. Effect on accumulated post-retirement benefit obligation		6,257			(4,833)

Defined Benefit Pension Plan [Member]

Summary Of Pension Expenses

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Pension expense	$	10,042		$	9,728		$	16,299

Summary Of Status Of Plan

	Years Ended December 31,
(Dollars in thousands)	2019			2018
Change in projected benefit obligation:
Benefit obligation at beginning of year	$	300,244		$	316,202
Service cost		8,255			9,801
Interest cost		11,712			10,290
Actuarial (gain)/loss		46,206			(29,966)
Curtailment		-			-
Benefits paid		(11,062)			(6,084)
Projected benefit obligation at end of year		355,356			300,244
Change in plan assets:
Fair value of plan assets at beginning of year		260,531			210,267
Actual return on plan assets		47,247			(21,395)
Actual contributions during the year		4,750			77,743
Administrative expenses paid		-			-
Benefits paid		(11,062)			(6,084)
Fair value of plan assets at end of year		301,467			260,531
Funded status at end of year	$	(53,889)		$	(39,713)
(Some amounts may not reconcile due to rounding.)

Amounts Recognized In The Consolidated Balance Sheets

	At December 31,
(Dollars in thousands)	2019			2018
Other assets (due beyond one year)	$	-		$	-
Other liabilities (due within one year)		(7,362)			(7,530)
Other liabilities (due beyond one year)		(46,527)			(32,182)
Net amount recognized in the consolidated balance sheets	$	(53,889)		$	(39,713)
(Some amounts may not reconcile due to rounding.)

Amounts Not Yet Reflected In Net Periodic Benefit Cost And Included In Accumulated Other Comprehensive Income (Loss)

	At December 31,
(Dollars in thousands)	2019			2018
Accumulated income (loss)	$	(97,466)		$	(88,580)
Accumulated other comprehensive income (loss)	$	(97,466)		$	(88,580)
(Some amounts may not reconcile due to rounding.)

Other Changes In Other Comprehensive Income (Loss)

	Years Ended December 31,
(Dollars in thousands)	2019			2018
Other comprehensive income (loss) at December 31, prior year	$	(88,580)		$	(86,788)
Net gain (loss) arising during period		(16,927)			(8,631)
Recognition of amortizations in net periodic benefit cost:
Actuarial loss		8,042			6,839
Curtailment loss recognized		-			-
Other comprehensive income (loss) at December 31, current year	$	(97,466)		$	(88,580)
(Some amounts may not reconcile due to rounding.)

Net Periodic Benefit Cost For U.S. Employees

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Service cost	$	8,255		$	9,801		$	10,949
Interest cost		11,712			10,290			10,034
Expected return on assets		(17,968)			(17,202)			(13,050)
Amortization of actuarial loss from earlier periods		7,635			6,839			8,366
Settlement		408			-			-
Net periodic benefit cost	$	10,042		$	9,728		$	16,299
Other changes recognized in other comprehensive income (loss):
Other comprehensive income (loss) attributable to change from prior year		8,885			1,792
Total recognized in net periodic benefit cost and other
comprehensive income (loss)	$	18,927		$	11,520
(Some amounts may not reconcile due to rounding.)

Expected Benefit Payments

(Dollars in thousands)
2019		15,670
2020		11,458
2021		12,198
2022		12,902
2023		13,985
Next 5 years		84,334

Fair Value Measurement Levels For Qualified Plan Assets

				Fair Value Measurement Using:
				Quoted Prices
				in Active			Significant
				Markets for			Other			Significant
				Identical			Observable			Unobservable
				Assets			Inputs			Inputs
(Dollars in thousands)	December 31, 2019			(Level 1)			(Level 2)			(Level 3)
Assets:
Short-term investments, which approximates fair value (a)	$	1,749		$	1,749		$	-		$	-
Mutual funds, fair value
Fixed income (b)		90,483			90,483			-			-
Equities (c)		188,884			188,884			-			-
Total	$	281,116		$	281,116		$	-		$	-
(Some amounts may not reconcile due to rounding.)

(a) This category includes high quality, short-term money market instruments, which are issued and payable in U.S. dollars.

(b) This category includes fixed income funds, which invest in investment grade securities of corporations, governments and government agencies with approximately 70% in U.S. securities and 30% in international securities.

(c) This category includes funds, which invest in small, mid and multi-cap equity securities including common stocks, securities convertible into common stock and securities with common stock characteristics, such as rights and warrants, with approximately 50% in U.S. equities and 50% in international equities.

				Fair Value Measurement Using:
				Quoted Prices
				in Active			Significant
				Markets for			Other			Significant
				Identical			Observable			Unobservable
				Assets			Inputs			Inputs
(Dollars in thousands)	December 31, 2018			(Level 1)			(Level 2)			(Level 3)
Assets:
Short-term investments, which approximates fair value (a)	$	2,872		$	2,872		$	-		$	-
Mutual funds, fair value
Fixed income (b)		82,633			82,633			-			-
Equities (c)		154,935			154,935			-			-
Total	$	240,440		$	240,440		$	-		$	-
(Some amounts may not reconcile due to rounding.)

(a) This category includes high quality, short-term money market instruments, which are issued and payable in U.S. dollars.

(b) This category includes fixed income funds, which invest in investment grade securities of corporations, governments and government agencies with approximately 70% in U.S. securities and 30% in international securities.

(c) This category includes funds, which invest in small, mid and multi-cap equity securities including common stocks, securities convertible into common stock and securities with common stock characteristics, such as rights and warrants, with approximately 50% in U.S. equities and 50% in international equities.

Post-Retirement Plan [Member]

Summary Of Status Of Plan

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Post-retirement benefit expenses	$	1,231		$	1,829		$	2,814

Amounts Recognized In The Consolidated Balance Sheets

	At December 31,
(Dollars in thousands)	2019			2018
Other liabilities (due within one year)	$	(611)		$	(608)
Other liabilities (due beyond one year)		(28,764)			(27,875)
Net amount recognized in the consolidated balance sheets	$	(29,376)		$	(28,483)
(Some amounts may not reconcile due to rounding.)

Amounts Not Yet Reflected In Net Periodic Benefit Cost And Included In Accumulated Other Comprehensive Income (Loss)

	At December 31,
(Dollars in thousands)	2019			2018
Accumulated income (loss)	$	188		$	(238)
Accumulated prior service credit (cost)		2,904			3,480
Accumulated other comprehensive income (loss)	$	3,092		$	3,242

Other Changes In Other Comprehensive Income (Loss)

	Years Ended December 31,
(Dollars in thousands)	2019			2018
Other comprehensive income (loss) at December 31, prior year	$	3,242		$	(4,260)
Net gain (loss) arising during period		582			7,985
Prior Service credit (cost) arising during period		-			-
Recognition of amortizations in net periodic benefit cost:
Actuarial loss (gain)		(155)			94
Prior service cost		(577)			(577)
Other comprehensive income (loss) at December 31, current year	$	3,092		$	3,242

Net Periodic Benefit Cost For U.S. Employees

	Years Ended December 31,
(Dollars in thousands)	2019			2018			2017
Service cost	$	983		$	1,312		$	1,570
Interest cost		980			999			1,184
Prior service credit recognition		(577)			(577)			(131)
Net gain recognition		(155)			94			192
Net periodic cost	$	1,231		$	1,829		$	2,814
Other changes recognized in other comprehensive income (loss):
Other comprehensive gain (loss) attributable to change from prior year		150			(7,502)
Total recognized in net periodic benefit cost and
other comprehensive income (loss)	$	1,381		$	(5,673)
(Some amounts may not reconcile due to rounding.)

Expected Benefit Payments

(Dollars in thousands)
2019	$	611
2020		673
2021		768
2022		851
2023		896
Next 5 years		6,377

Post-Retirement Benefit Expenses

	At December 31,
(Dollars in thousands)	2019			2018
Change in projected benefit obligation:
Benefit obligation at beginning of year	$	28,483		$	34,717
Service cost		983			1,312
Interest cost		980			999
Amendments		(582)			-
Actuarial (gain)/loss		-			(7,985)
Benefits paid		(488)			(561)
Benefit obligation at end of year		29,376			28,483
Change in plan assets:
Fair value of plan assets at beginning of year		-			-
Employer contributions		488			561
Benefits paid		(488)			(561)
Fair value of plan assets at end of year		-			-
Funded status at end of year	$	(29,376)		$	(28,483)

X

- Definition

Incurred Expenses Related To Defined Contribution Plans For Non US Employees [Table Text Block]

+ References

No definition available.

+ Details

Name:	re_IncurredExpensesRelatedToDefinedContributionPlansForNonUsEmployeesTableTextBlock
Namespace Prefix:	re_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Incurred Expenses Related To Defined Contribution Plans For US Employees [Table Text Block]

+ References

No definition available.

+ Details

Name:	re_IncurredExpensesRelatedToDefinedContributionPlansForUsEmployeesTableTextBlock
Namespace Prefix:	re_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Other Changes In Other Comprehensive Income Loss [Table Text Block]

+ References

No definition available.

+ Details

Name:	re_OtherChangesInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	re_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Post Retirement Benefit Expenses [Table Text Block]

+ References

No definition available.

+ Details

Name:	re_PostRetirementBenefitExpensesTableTextBlock
Namespace Prefix:	re_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Contributions To Defined Benefit Pension Plans [Table Text Block]

+ References

No definition available.

+ Details

Name:	re_ScheduleOfContributionsToDefinedBenefitPensionPlansTableTextBlock
Namespace Prefix:	re_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefit obligations including accumulated benefit obligation and projected benefit obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefit obligation and plan assets of defined benefit plan with accumulated benefit obligation in excess of plan assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921

+ Details

Name:	us-gaap_ScheduleOfAccumulatedBenefitObligationsInExcessOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in the accumulated postemployment benefit obligation from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfChangesInAccumulatedPostemploymentBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfCostsOfRetirementPlansTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effect of a one-percentage-point increase and the effect of a one-percentage-point decrease in the assumed health care cost trend rates on the aggregate of the service and interest cost components of net periodic postretirement health care benefit costs and the accumulated postretirement benefit obligation for health care benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (m)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfEffectOfOnePercentagePointChangeInAssumedHealthCareCostTrendRatesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_DefinedBenefitPostretirementHealthCoverageMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: