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SENIOR NOTES (Tables)

3 Months Ended

Mar. 31, 2025

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, 2025												December 31, 2024
(Dollars in millions)			Date Issued						Date Due						Principal Amounts						Consolidated Balance Sheet Amount						Fair Value						Consolidated Balance Sheet Amount						Fair Value
4.868% Senior notes			6/5/2014						6/1/2044						$	400					$	398					$	352					$	398					$	347
3.5% Senior notes			10/7/2020						10/15/2050						1,000						982						675						982						681
3.125% Senior notes			10/4/2021						10/15/2052						1,000						971						613						971						620
															$	2,400					$	2,350					$	1,640					$	2,350					$	1,648

(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 Paid						Payable Dates						2025						2024
4.868% Senior notes			semi-annually						June 1/December 1						$	5					$	5
3.5% Senior notes			semi-annually						April 15/October 15						9						9
3.125% Senior notes			semi-annually						April 15/October 15						8						8
															$	22					$	22

(Some amounts may not reconcile due to rounding.)

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