Form SC 13D/A EVEREST RE GROUP LTD Filed by: Everest International Reinsurance, Ltd.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Name, Address and Telephone Number of Person Authorized to Receive

Notices and Communications)

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  [     ]

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Introductory Statement

This Amendment No. 1 (this "Amendment") amends the Schedule 13D initially filed on January 4, 2016 (the "Original; Filing"), relating to the common shares, par value $0.01, of Everest Re Group, Ltd. ("Group" or the "Issuer"). Information reported in the Original Filing remains in effect except to the extent that it is amended or superseded by information contained in this Amendment.

The disclosure in Item 4 of this Schedule 13D is hereby amended and supplemented by adding the following statement after the final paragraph thereof:

Everest International Reinsurance, Ltd. ("Everest International"), a direct wholly-owned subsidiary of Group, has not repurchased any additional Common Shares of Group.

However, due to Group's continued repurchases of its own Common Shares through open market transactions pursuant to Group's authorized share repurchase program, Everest International's percentage ownership interest of Group Common Shares has increased to 19.1%.

The disclosure in Item 5 of this Schedule 13D is hereby amended and supplemented by adding the following statements after the final paragraph thereof:

As of September 15, 2016, Group had 50,839,246 Common Shares outstanding (net of Treasury shares repurchased) of which Everest International owns 9,719,971, or 19.1%, of the outstanding Common Shares. However, according to Group's bye-laws, the total voting power of any shareholder owning more than 9.9% of the common shares will be reduced to 9.9% of the total voting power of the common shares.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  September 23, 2016

EVEREST INTERNATIONAL REINSURANCE, LTD.
By:	/S/ SANJOY MUKHERJEE
	CEO and Managing Director