Everest Group, Ltd. is a Delaware-based provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories. Everest offers property, casualty, and specialty insurance and reinsurance through its various operating affiliates located in key markets around the world.3 Its shares trade on NYSE under the symbol EG.1Wikipedia text CC BY-SA 4.0
$388.44up 7.09 (1.86%)Price as of Oct 16, 2026 at 19:58 UTC
Everest Group, Ltd. is a Delaware-based provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories. Everest offers property, casualty, and specialty insurance and reinsurance through its various operating affiliates located in key markets around the world.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue101112139$17.5B in 2025+113% since 2019Net income101112139$1.6B in 2025+58% since 2019
Revenue141516$4.0B in Q2 FY2026−8% since Q3 FY2025Net income141516$559.0M in Q2 FY2026+119% since Q3 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Premiums earned
$15.6B
$15.2B
$13.4B
Net investment income
$2.1B
$2.0B
$1.4B
Total net gains (losses) on investments
-$143.0M
$19.0M
-$276.0M
Other income (expense)
-$45.0M
$121.0M
-$14.0M
Total revenues
$17.5B
$17.3B
$14.6B
Incurred losses and loss adjustment expenses
$10.9B
$11.3B
$8.4B
Commission, brokerage, taxes and fees
$3.5B
$3.3B
$3.0B
Other underwriting expenses
$1.0B
$938.0M
$846.0M
Corporate expenses
$109.0M
$95.0M
$73.0M
Interest, fees and bond issue cost amortization expense
$151.0M
$149.0M
$134.0M
Total claims and expenses
$15.6B
$15.8B
$12.4B
INCOME (LOSS) BEFORE TAXES
$1.9B
$1.5B
$2.2B
Income tax expense (benefit)
$296.0M
$120.0M
-$363.0M
NET INCOME (LOSS)
$1.6B
$1.4B
$2.5B
"Unrealized appreciation (depreciation) (""URA(D)"") on securities arising during the period"
$740.0M
-$97.0M
$743.0M
Reclassification adjustment for realized losses (gains) included in net income (loss)
$114.0M
-$12.0M
$244.0M
Total URA(D) on securities arising during the period
$854.0M
-$109.0M
$986.0M
Foreign currency translation and other adjustments
$242.0M
-$128.0M
$59.0M
Benefit plan actuarial net gain (loss) for the period
-$9.0M
$34.0M
$15.0M
Reclassification adjustment for amortization of net (gain) loss included in net income (loss)
-$1.0M
-$1.0M
$2.0M
Total benefit plan net gain (loss) for the period
-$10.0M
$33.0M
$17.0M
Total other comprehensive income (loss), net of tax
$1.1B
-$204.0M
$1.1B
COMPREHENSIVE INCOME (LOSS)
$2.7B
$1.2B
$3.6B
Basic (in dollars per share)
$37.80
$31.78
$60.19
Diluted (in dollars per share)
$37.80
$31.78
$60.19
No quarter-by-quarter statement was filed.
Total assets17101112139$62.5B in 2025+129% since 2019Total liabilities17101112139$47.1B in 2025+159% since 2019Shareholders’ equity101112139$15.5B in 2025+69% since 2019Cash1112139$1.3B in 2025+63% since 2019
Total assets141516$62.2B in Q2 FY2026−0% since Q3 FY2025Total liabilities141516$46.7B in Q2 FY2026−0% since Q3 FY2025Shareholders’ equity141516$15.4B in Q2 FY2026+0% since Q3 FY2025Cash141516$1.1B in Q2 FY2026−27% since Q3 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Fixed maturities - available for sale, at fair value (amortized cost: 2025, $34,620; 2024, $29,934, credit allowances: 2025, $(68); 2024, $(36))
$34.6B
$28.9B
Fixed maturities - held to maturity, at amortized cost (fair value: 2025, $576; 2024, $759, net of credit allowances: 2025, $(6); 2024, $(8))
$567.0M
$757.0M
Equity securities, at fair value
$180.0M
$217.0M
Other invested assets
$5.8B
$5.4B
Short-term investments
$3.0B
$4.7B
Cash
$1.3B
$1.5B
Total investments and cash
$45.4B
$41.5B
Accrued investment income
$436.0M
$368.0M
Premiums receivable (net of credit allowances: 2025, $(94); 2024, $(54))
$5.7B
$5.4B
Reinsurance paid loss recoverables (net of credit allowances: 2025, $(57); 2024, $(41))
$142.0M
$207.0M
Reinsurance unpaid loss recoverables
$5.0B
$2.9B
Funds held by reinsureds
$1.3B
$1.2B
Deferred acquisition costs
$1.5B
$1.5B
Prepaid reinsurance premiums
$653.0M
$869.0M
Income tax asset, net
$915.0M
$1.2B
Other assets (net of credit allowances: 2025, $(17); 2024, $(9))
$1.4B
$1.2B
TOTAL ASSETS
$62.5B
$56.3B
Reserve for losses and loss adjustment expenses
$34.3B
$29.9B
$24.6B
$22.1B
Unearned premium reserve
$7.3B
$7.3B
Funds held under reinsurance treaties
$267.0M
$27.0M
Amounts due to reinsurers
$642.0M
$701.0M
Losses in course of payment
$151.0M
$241.0M
Senior notes
$2.4B
$2.4B
Long-term notes
$218.0M
$218.0M
Borrowings from FHLB
$1.0B
$1.0B
Accrued interest on debt and borrowings
$21.0M
$22.0M
Unsettled securities payable
$0
$84.0M
Other liabilities
$797.0M
$590.0M
TOTAL LIABILITIES
$47.1B
$42.5B
Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding
$0
$0
Common shares, par value: $0.01; 200.0 shares authorized; 74.4 (2025) and 74.3 (2024) outstanding before treasury shares
$1.0M
$1.0M
Additional paid-in capital
$3.9B
$3.8B
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(23) at 2025 and $(177) at 2024
-$52.0M
-$1.1B
Treasury shares, at cost: 33.7 shares (2025) and 31.3 shares (2024)
-$4.9B
-$4.1B
Retained earnings
$16.6B
$15.3B
Total shareholders' equity
$15.5B
$13.9B
$13.2B
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$62.5B
$56.3B
Fixed maturities, amortized cost
$34.6B
$29.9B
Fixed maturities, credit allowances
-$68.0M
-$36.0M
-$48.0M
Fixed maturities - held to maturity, at amortized cost, fair value
$576.0M
$759.0M
Fixed maturities - held to maturity, at amortized cost, net of credit allowances
-$6.0M
-$8.0M
Premium receivable, allowance for credit loss
-$94.0M
-$54.0M
Reinsurance recoverables on paid losses, allowance
-$57.0M
-$41.0M
Other assets, allowance for credit loss
-$17.0M
-$9.0M
Preferred stock, par value per share (in dollars per share)
$0.01
$0.01
Preferred stock, shares authorized (in shares)
50.0M shares
50.0M shares
Preferred shares, issued (in shares)
0 shares
0 shares
Preferred shares, outstanding (in shares)
0 shares
0 shares
Common shares, par value per share (in dollars per share)
$0.01
$0.01
Common shares, authorized (in shares)
200.0M shares
200.0M shares
Common shares, outstanding (in shares)
74.4M shares
74.3M shares
Accumulated other comprehensive income (loss), net deferred income tax expense (benefit)
-$23.0M
-$177.0M
Treasury shares (in shares)
33.7M shares
31.3M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Fixed maturities - available for sale, at fair value (amortized cost: 2025, $34,620; 2024, $29,934, credit allowances: 2025, $(68); 2024, $(36))
$34.6B
$28.9B
Fixed maturities - held to maturity, at amortized cost (fair value: 2025, $576; 2024, $759, net of credit allowances: 2025, $(6); 2024, $(8))
$567.0M
$757.0M
Equity securities, at fair value
$180.0M
$217.0M
Other invested assets
$5.8B
$5.4B
Short-term investments
$3.0B
$4.7B
Cash
$1.3B
$1.5B
Total investments and cash
$45.4B
$41.5B
Accrued investment income
$436.0M
$368.0M
Premiums receivable (net of credit allowances: 2025, $(94); 2024, $(54))
$5.7B
$5.4B
Reinsurance paid loss recoverables (net of credit allowances: 2025, $(57); 2024, $(41))
$142.0M
$207.0M
Reinsurance unpaid loss recoverables
$5.0B
$2.9B
Funds held by reinsureds
$1.3B
$1.2B
Deferred acquisition costs
$1.5B
$1.5B
Prepaid reinsurance premiums
$653.0M
$869.0M
Income tax asset, net
$915.0M
$1.2B
Other assets (net of credit allowances: 2025, $(17); 2024, $(9))
$1.4B
$1.2B
TOTAL ASSETS
$62.5B
$56.3B
Reserve for losses and loss adjustment expenses
$34.3B
$29.9B
$24.6B
$22.1B
Unearned premium reserve
$7.3B
$7.3B
Funds held under reinsurance treaties
$267.0M
$27.0M
Amounts due to reinsurers
$642.0M
$701.0M
Losses in course of payment
$151.0M
$241.0M
Senior notes
$2.4B
$2.4B
Long-term notes
$218.0M
$218.0M
Borrowings from FHLB
$1.0B
$1.0B
Accrued interest on debt and borrowings
$21.0M
$22.0M
Unsettled securities payable
$0
$84.0M
Other liabilities
$797.0M
$590.0M
TOTAL LIABILITIES
$47.1B
$42.5B
Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding
$0
$0
Common shares, par value: $0.01; 200.0 shares authorized; 74.4 (2025) and 74.3 (2024) outstanding before treasury shares
$1.0M
$1.0M
Additional paid-in capital
$3.9B
$3.8B
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(23) at 2025 and $(177) at 2024
-$52.0M
-$1.1B
Treasury shares, at cost: 33.7 shares (2025) and 31.3 shares (2024)
-$4.9B
-$4.1B
Retained earnings
$16.6B
$15.3B
Total shareholders' equity
$15.5B
$13.9B
$13.2B
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$62.5B
$56.3B
Fixed maturities, amortized cost
$34.6B
$29.9B
Fixed maturities, credit allowances
-$68.0M
-$36.0M
-$48.0M
Fixed maturities - held to maturity, at amortized cost, fair value
$576.0M
$759.0M
Fixed maturities - held to maturity, at amortized cost, net of credit allowances
-$6.0M
-$8.0M
Premium receivable, allowance for credit loss
-$94.0M
-$54.0M
Reinsurance recoverables on paid losses, allowance
-$57.0M
-$41.0M
Other assets, allowance for credit loss
-$17.0M
-$9.0M
Preferred stock, par value per share (in dollars per share)
$0.01
$0.01
Preferred stock, shares authorized (in shares)
50.0M shares
50.0M shares
Preferred shares, issued (in shares)
0 shares
0 shares
Preferred shares, outstanding (in shares)
0 shares
0 shares
Common shares, par value per share (in dollars per share)
$0.01
$0.01
Common shares, authorized (in shares)
200.0M shares
200.0M shares
Common shares, outstanding (in shares)
74.4M shares
74.3M shares
Accumulated other comprehensive income (loss), net deferred income tax expense (benefit)
-$23.0M
-$177.0M
Treasury shares (in shares)
33.7M shares
31.3M shares
Cash from operations101112139$3.1B in 2025+66% since 2019Dividends paid101112139$335.0M in 2025+43% since 2019Share buybacks101112139$797.0M in 2025+3139% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income (loss)
$1.6B
$1.4B
$2.5B
Decrease (increase) in premiums receivable
-$116.0M
-$715.0M
-$1.1B
Decrease (increase) in funds held by reinsureds, net
$138.0M
-$81.0M
-$66.0M
Decrease (increase) in reinsurance recoverables
-$1.5B
-$1.1B
$143.0M
Decrease (increase) in income taxes
$150.0M
-$277.0M
-$559.0M
Decrease (increase) in prepaid reinsurance premiums
$360.0M
-$232.0M
-$46.0M
Increase (decrease) in reserve for losses and loss adjustment expenses
$3.6B
$5.6B
$2.3B
Increase (decrease) in unearned premiums
-$278.0M
$809.0M
$1.4B
Increase (decrease) in amounts due to reinsurers
-$235.0M
$135.0M
$18.0M
Increase (decrease) in losses in course of payment
-$98.0M
$75.0M
$93.0M
Change in equity adjustments in limited partnerships
-$364.0M
-$261.0M
-$168.0M
Distribution of limited partnership income
$195.0M
$163.0M
$120.0M
Change in other assets and liabilities, net
-$463.0M
-$431.0M
-$339.0M
Non-cash compensation expense
$61.0M
$63.0M
$49.0M
Amortization of bond premium (accrual of bond discount)
-$166.0M
-$167.0M
-$64.0M
Net (gains) losses on investments
$143.0M
-$19.0M
$276.0M
Net cash provided by (used in) operating activities
$3.1B
$5.0B
$4.6B
Proceeds from fixed maturities matured/called/repaid - available for sale
$4.5B
$3.8B
$2.3B
Proceeds from fixed maturities sold - available for sale
$1.6B
$6.3B
$3.8B
Proceeds from fixed maturities matured/called/repaid - held to maturity
$199.0M
$157.0M
$105.0M
Proceeds from fixed maturities sold - held to maturity
$10.0M
$0
$0
Proceeds from equity securities sold
$56.0M
$37.0M
$126.0M
Distributions from other invested assets
$334.0M
$409.0M
$245.0M
Cost of fixed maturities acquired - available for sale
-$10.4B
-$11.6B
-$10.7B
Cost of fixed maturities acquired - held to maturity
-$7.0M
-$49.0M
-$112.0M
Cost of equity securities acquired
-$9.0M
-$50.0M
-$17.0M
Cost of other invested assets acquired
-$507.0M
-$936.0M
-$902.0M
Net change in short-term investments
$1.9B
-$2.5B
-$1.0B
Net change in unsettled securities transactions
-$83.0M
-$27.0M
$181.0M
Proceeds from sale of renewal rights
$331.0M
$0
$0
Net cash provided by (used in) investing activities
-$2.1B
-$4.5B
-$5.9B
Common shares issued (redeemed) during the period for share-based compensation, net of expense
-$21.0M
-$24.0M
-$23.0M
Proceeds from public offering of common shares
$0
$0
$1.4B
Purchase of treasury shares
-$797.0M
-$200.0M
$0
Dividends paid to shareholders
-$335.0M
-$334.0M
-$288.0M
Net FHLB borrowings (repayments)
$0
$200.0M
$300.0M
Cost of shares withheld on settlements of share-based compensation awards
-$22.0M
-$25.0M
-$24.0M
Net cash provided by (used in) financing activities
Everest Re sits at the top of its group. 41 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Everest Re
NORGES BANKFiled SCHEDULE 13G on Everest Re, latest May 11, 2026
Everest Reinsurance Company Subsidiary · Delaware, United States
Everest Reinsurance Company (Ireland), dac Subsidiary · Ireland
Everest Reinsurance Company - Escritório de Representa ção No Brasil Ltda. Subsidiary · Brazil
Everest Reinsurance Holdings, Inc. Subsidiary · Delaware, United States
Everest Security Insurance Company Subsidiary · Delaware, United States
and 15 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Everest Re reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Everest Re’s corporate offices are located in approximately 321,500 square feet of leased office space in Warren, New Jersey. Bermuda Re’s corporate offices are located in approximately 12,300 total square feet of leased office space in
Hamilton, Bermuda. The Company’s 29 other locations occupy a total of approximately 332,100 square feet, all of which are leased.
In 1973, Everest Re Group was founded as Prudential Reinsurance, a subsidiary of Prudential Financial.
In the 1990s, Prudential Financial considered selling or spinning off Prudential Reinsurance. On October 6, 1995, Prudential Reinsurance completed an IPO. The chairman and CEO at that time was Joseph V. Taranto. Prudential Reinsurance was renamed Everest Re in 1996, after Mount Everest. In 2017, Everest Re became a S&P 500 component.
Jan 27, 2025Reported quarterly or annual results81
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
372 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 67 major events, 239 insider forms, 20 large holders, 26 other. The latest 20:
26 open-market trades by officers, directors and large owners since October 2021: 10 buys and 16 sales. Grants, option exercises and gifts are left out.
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).18
Risk factors and legal proceedings
The risks Everest Re names in Item 1A of its 10-K filed Feb 26, 2026: 41 risks under these headings, as written.18
Our results could be adversely affected by catastrophic events.
Our losses from future catastrophic events could exceed our projections.
Unfavorable loss development may adversely affect our business, financial condition, results of operations or liquidity.
If we are unable to or choose not to purchase reinsurance and transfer risk to the reinsurance markets, our net income could be reduced or we could incur a net loss in the event of unusual loss experience.
The failure to accurately assess underwriting risk and establish adequate premium rates could reduce our net income or result in a net loss.
Decreases in pricing for property and casualty reinsurance and insurance could reduce our net income.
The effects of emerging claim and coverage issues on our business are uncertain.
A decline in our financial strength ratings could adversely affect our standing among cedents and broker partners and our ability to grow premiums and earnings.
A decline in our debt ratings could increase our borrowing costs and adversely affect our ability to access capital markets at attractive rates.
The failure of our insureds, intermediaries and reinsurers to satisfy their obligations to us could reduce our income.
The value of our overall investment income could decline due to changed conditions in the financial markets and prevailing general economic conditions.
The failure to maintain access to enough cash, readily salable or unencumbered financial assets to meet near-term financial obligations may adversely impact business relations and creditworthiness.
The other 29 risks
We may require additional capital or financing sources in the future, which may not be available or may be available only on unfavorable terms.
Because of our holding company structure, our ability to pay dividends, interest and principal is dependent on receiving dividends, loan payments and other funds from our subsidiaries.
We may experience foreign currency exchange losses that reduce our net income and capital levels.
Our business is sensitive to unanticipated levels of inflation.
Measures taken by domestic or foreign governments could have effects on our business.
Global economic conditions could adversely affect our business, results of operations or financial condition.
We are dependent on our key personnel.
We rely on our processes, people and systems to maintain our operations and manage the operational risks inherent to our business. Any errors, omissions or misconduct by our employees or third-party agents in the execution of these processes could adversely affect our business, results of operations and financial condition.
We are subject to cybersecurity risks that could negatively impact our business operations.
We are dependent on brokers and agents for business developments.
Analytical models used in decision making and estimates, assumptions and valuations in these models could vary materially from actual results, which could have an adverse impact on the financial condition, results of operations and cash flows of the Company.
Our operations are subject to business continuation and resiliency risk.
Our industry is highly competitive and rapidly evolving, and we may not be able to compete successfully in the future.
Business or asset acquisitions and dispositions may expose us to certain risks.
Applicable insurance laws may have an anti-takeover effect.
We may be subject to legal, governmental or regulatory proceedings.
The ownership of common shares of Group by Everest Re Advisors, Ltd., a direct subsidiary of Group, may have an impact on securing approval of shareholder proposals that Group’s management supports.
Provisions in Group’s bye-laws could have an anti-takeover effect, which could diminish the value of its common shares.
Investors in Group may have more difficulty in protecting their interests than investors in a U.S. corporation.
Insurance laws and regulations restrict our ability to operate and any failure to comply with those laws and regulations could have a material adverse effect on our business.
Regulatory challenges in the United States could adversely affect the ability of Bermuda Re to conduct business.
Bermuda Re may need to be licensed or admitted in additional jurisdictions to develop its business.
Bermuda Re’s ability to write reinsurance may be severely limited if it is unable to arrange for security to back its reinsurance.
Regulatory and legislative developments, as well as executive orders, related to cybersecurity, privacy, data protection and AI could have an adverse impact on our business.
If international tax laws change, our net income may be impacted.
If United States tax law changes, our net income may be impacted.
Group and/or Bermuda Re may be subject to U.S. corporate income tax, which would reduce our net income.
Group and/or Bermuda Re may become subject to Bermuda tax, which would reduce our net income.
If U.S. tax law changes, our U.S. shareholders net income may be impacted.
Legal proceedings
In the ordinary course of business, the Company is involved in lawsuits, arbitrations and other formal and informal dispute resolution procedures, the outcomes of which will determine the Company’s rights and obligations under insurance and reinsurance agreements. In some disputes, the Company seeks to enforce its rights under an agreement or to collect funds owing to it. In other matters, the Company is resisting attempts by others to collect funds or enforce alleged rights. These disputes arise from time to time and are ultimately resolved through both informal and formal means, including negotiated resolution, arbitration and litigation. In all such matters, the Company believes that its positions are legally and commercially reasonable. The Company considers the statuses of these proceedings when determining its reserves for unpaid loss and LAE.
Aside from litigation and arbitrations related to these insurance and reinsurance agreements, the Company is not a party to any other material litigation or arbitration.
