EVEREST GROUP, LTD.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), EVEREST GROUP, LTD. reported revenue of $17.5B (+1.2% year on year) and net income of $1.6B (+15.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Premiums earned | $15.6B | $15.2B | $13.4B | $11.8B |
| Net investment income | $2.1B | $2.0B | $1.4B | $830.0M |
| Total net gains (losses) on investments | ($143.0M) | $19.0M | ($276.0M) | ($455.0M) |
| Other income (expense) | ($45.0M) | $121.0M | ($14.0M) | ($102.0M) |
| Total revenues | $17.5B | $17.3B | $14.6B | $12.1B |
| Incurred losses and loss adjustment expenses | $10.9B | $11.3B | $8.4B | $8.1B |
| Commission, brokerage, taxes and fees | $3.5B | $3.3B | $3.0B | $2.5B |
| Other underwriting expenses | $1.0B | $938.0M | $846.0M | $682.0M |
| Corporate expenses | $109.0M | $95.0M | $73.0M | $61.0M |
| Interest, fees and bond issue cost amortization expense | $151.0M | $149.0M | $134.0M | $101.0M |
| Total claims and expenses | $15.6B | $15.8B | $12.4B | $11.5B |
| INCOME (LOSS) BEFORE TAXES | $1.9B | $1.5B | $2.2B | $588.0M |
| Income tax expense (benefit) | $296.0M | $120.0M | ($363.0M) | ($9.0M) |
| NET INCOME (LOSS) | $1.6B | $1.4B | $2.5B | $597.0M |
| Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period | $740.0M | ($97.0M) | $743.0M | ($2.0B) |
| Reclassification adjustment for realized losses (gains) included in net income (loss) | $114.0M | ($12.0M) | $244.0M | $89.0M |
| Total URA(D) on securities arising during the period | $854.0M | ($109.0M) | $986.0M | ($1.9B) |
| 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 | $15.0M |
| Reclassification adjustment for amortization of net (gain) loss included in net income (loss) | ($1.0M) | ($1.0M) | $2.0M | $2.0M |
| Total benefit plan net gain (loss) for the period | ($10.0M) | $33.0M | $17.0M | $17.0M |
| Total other comprehensive income (loss), net of tax | $1.1B | ($204.0M) | $1.1B | ($2.0B) |
| COMPREHENSIVE INCOME (LOSS) | $2.7B | $1.2B | $3.6B | ($1.4B) |
| Basic (in dollars per share) | $37.80 | $31.78 | $60.19 | $15.19 |
| Diluted (in dollars per share) | $37.80 | $31.78 | $60.19 | $15.19 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Premiums earned | $3.5B | $3.6B | $3.9B | $4.0B |
| Net investment income | $523.0M | $567.0M | $540.0M | $532.0M |
| Net gains (losses) on investments | ($8.0M) | ($10.0M) | ($47.0M) | ($5.0M) |
| Other income (expense) | ($45.0M) | ($63.0M) | ($29.0M) | ($27.0M) |
| Total revenues | $4.0B | $4.1B | $4.3B | $4.5B |
| Incurred losses and loss adjustment expenses | $2.2B | $2.2B | $2.8B | $2.5B |
| Commission, brokerage, taxes and fees | $814.0M | $825.0M | $890.0M | $880.0M |
| Other underwriting expenses | $225.0M | $216.0M | $258.0M | $254.0M |
| Corporate expenses | $33.0M | $38.0M | $27.0M | $31.0M |
| Interest, fees and bond issue cost amortization expense | $36.0M | $36.0M | $38.0M | $38.0M |
| Total claims and expenses | $3.3B | $3.3B | $4.0B | $3.7B |
| INCOME (LOSS) BEFORE TAXES | $683.0M | $736.0M | $269.0M | $815.0M |
| Income tax expense (benefit) | $124.0M | $83.0M | $14.0M | $135.0M |
| NET INCOME (LOSS) | $559.0M | $653.0M | $255.0M | $680.0M |
| Unrealized appreciation (depreciation) ("URA(D)") of securities arising during the period | $15.0M | ($375.0M) | $129.0M | $301.0M |
| Reclassification adjustment for realized losses (gains) included in net income (loss) | $12.0M | $1.0M | $37.0M | $7.0M |
| Total URA(D) of securities arising during the period | $27.0M | ($374.0M) | $165.0M | $308.0M |
| Foreign currency translation and other adjustments | $3.0M | ($35.0M) | $1.0M | $164.0M |
| Reclassification adjustment for amortization of net (gain) loss included in net income (loss) | $0 | $0 | $0 | ($8.0M) |
| Total benefit plan net gain (loss) for the period | $0 | $0 | $0 | ($8.0M) |
| Total other comprehensive income (loss), net of tax | $30.0M | ($410.0M) | $167.0M | $465.0M |
| COMPREHENSIVE INCOME (LOSS) | $589.0M | $243.0M | $422.0M | $1.1B |
| Basic (in dollars per share) | $14.22 | $16.21 | $6.09 | $16.10 |
| Diluted (in dollars per share) | $14.22 | $16.21 | $6.09 | $16.10 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| 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 | $27.7B | — |
| 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 | $855.0M | — |
| Equity securities, at fair value | $180.0M | $217.0M | $188.0M | $281.0M |
| Other invested assets | $5.8B | $5.4B | $4.8B | $4.1B |
| Short-term investments | $3.0B | $4.7B | $2.1B | $1.0B |
| Cash | $1.3B | $1.5B | $1.4B | $1.4B |
| Total investments and cash | $45.4B | $41.5B | $37.1B | $29.9B |
| Accrued investment income | $436.0M | $368.0M | $324.0M | $217.0M |
| Premiums receivable (net of credit allowances: 2025, $(94); 2024, $(54)) | $5.7B | $5.4B | $4.8B | $3.6B |
| Reinsurance paid loss recoverables (net of credit allowances: 2025, $(57); 2024, $(41)) | $142.0M | $207.0M | $164.0M | $136.0M |
| Reinsurance unpaid loss recoverables | $5.0B | $2.9B | $2.1B | $2.1B |
| Funds held by reinsureds | $1.3B | $1.2B | $1.1B | $1.1B |
| Deferred acquisition costs | $1.5B | $1.5B | $1.2B | $962.0M |
| Prepaid reinsurance premiums | $653.0M | $869.0M | $713.0M | $610.0M |
| Income tax asset, net | $915.0M | $1.2B | $868.0M | $459.0M |
| Other assets (net of credit allowances: 2025, $(17); 2024, $(9)) | $1.4B | $1.2B | $941.0M | $930.0M |
| TOTAL ASSETS | $62.5B | $56.3B | $49.4B | $40.0B |
| Reserve for losses and loss adjustment expenses | $34.3B | $29.9B | $24.6B | $22.1B |
| Unearned premium reserve | $7.3B | $7.3B | $6.6B | $5.1B |
| Funds held under reinsurance treaties | $267.0M | $27.0M | $24.0M | $13.0M |
| Amounts due to reinsurers | $642.0M | $701.0M | $650.0M | $567.0M |
| Losses in course of payment | $151.0M | $241.0M | $171.0M | $74.0M |
| Senior notes | $2.4B | $2.4B | $2.3B | $2.3B |
| Long-term notes | $218.0M | $218.0M | $218.0M | $218.0M |
| Borrowings from FHLB | $1.0B | $1.0B | $819.0M | $519.0M |
| Accrued interest on debt and borrowings | $21.0M | $22.0M | $22.0M | $19.0M |
| Unsettled securities payable | $0 | $84.0M | $137.0M | $1.0M |
| Other liabilities | $797.0M | $590.0M | $582.0M | $526.0M |
| TOTAL LIABILITIES | $47.1B | $42.5B | $36.2B | $31.5B |
| Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding | 0 | 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 | 1.0M | 1.0M |
| Additional paid-in capital | $3.9B | $3.8B | $3.8B | $2.3B |
| Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(23) at 2025 and $(177) at 2024 | ($52.0M) | ($1.1B) | ($934.0M) | ($2.0B) |
| Treasury shares, at cost: 33.7 shares (2025) and 31.3 shares (2024) | -4.9B | -4.1B | -3.9B | — |
| Retained earnings | $16.6B | $15.3B | $14.3B | $12.0B |
| Total shareholders' equity | $15.5B | $13.9B | $13.2B | $8.4B |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $62.5B | $56.3B | $49.4B | $40.0B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Fixed maturities - available for sale, at fair value (amortized cost: 2026, $34,912; 2025, $34,620, credit allowances: 2026, $(64); 2025, $(68)) | $34.4B | $34.7B | $33.9B | $33.5B |
| Fixed maturities - held to maturity, at amortized cost (fair value: 2026, $568; 2025, $576, net of credit allowances: 2026, $(8); 2025, $(6)) | $568.0M | $596.0M | $604.0M | $651.0M |
| Equity securities, at fair value | $185.0M | $177.0M | $177.0M | $177.0M |
| Other invested assets | $6.0B | $6.0B | $5.7B | $5.6B |
| Short-term investments | $2.5B | $2.2B | $3.9B | $2.5B |
| Cash | $1.1B | $1.4B | $1.5B | $1.9B |
| Total investments and cash | $44.9B | $45.0B | $45.8B | $44.3B |
| Accrued investment income | $411.0M | $389.0M | $421.0M | $430.0M |
| Premiums receivable (net of credit allowances: 2026, $(99); 2025, $(94)) | $5.6B | $5.6B | $6.0B | $6.3B |
| Reinsurance loss recoverables (net of credit allowances: 2026, $(61); 2025, $(57)) | $5.1B | $5.1B | $378.0M | $296.0M |
| Funds held by reinsureds | $1.4B | $1.4B | $1.3B | $1.3B |
| Deferred acquisition costs | $1.5B | $1.5B | $1.5B | $1.6B |
| Prepaid reinsurance premiums | $710.0M | $511.0M | $926.0M | $941.0M |
| Income tax asset, net | $952.0M | $933.0M | $1.0B | $946.0M |
| Other assets (net of credit allowances: 2026, $(17); 2025, $(17)) | $1.7B | $1.9B | $1.3B | $1.2B |
| TOTAL ASSETS | $62.2B | $62.3B | $62.2B | $60.5B |
| Reserve for losses and loss adjustment expenses | $34.7B | $34.6B | $33.7B | $32.5B |
| Unearned premium reserve | $6.4B | $6.7B | $7.5B | $7.6B |
| Funds held under reinsurance treaties | $267.0M | $272.0M | $16.0M | $15.0M |
| Amounts due to reinsurers | $806.0M | $624.0M | $1.1B | $918.0M |
| Losses in course of payment | $124.0M | $141.0M | $228.0M | $262.0M |
| Senior notes | $2.4B | $2.4B | $2.4B | $2.4B |
| Long-term notes | $218.0M | $218.0M | $218.0M | $218.0M |
| Borrowings from FHLB | $1.0B | $1.0B | $1.0B | $1.0B |
| Accrued interest on debt and borrowings | $21.0M | $42.0M | $43.0M | $22.0M |
| Unsettled securities payable | $5.0M | $217.0M | $17.0M | $45.0M |
| Other liabilities | $753.0M | $819.0M | $658.0M | $532.0M |
| Total liabilities | $46.7B | $47.1B | $46.9B | $45.5B |
| Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding | 0 | 0 | 0 | 0 |
| Common shares, par value: $0.01; 200.0 shares authorized; 74.5 (2026) and 74.4 (2025) shares issued and outstanding | 1.0M | 1.0M | 1.0M | 1.0M |
| Additional paid-in capital | $3.9B | $3.8B | $3.8B | $3.8B |
| Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(124) at 2026 and $(23) at 2025 | ($432.0M) | ($462.0M) | ($154.0M) | ($321.0M) |
| Treasury shares, at cost; 35.8 shares (2026) and 33.7 shares (2025) | -5.6B | -5.2B | -4.5B | -4.5B |
| Retained earnings | $17.6B | $17.1B | $16.2B | $16.0B |
| Total shareholders' equity | $15.4B | $15.3B | $15.4B | $15.0B |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $62.2B | $62.3B | $62.2B | $60.5B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) | $1.6B | $1.4B | $2.5B | $597.0M |
| Decrease (increase) in premiums receivable | ($116.0M) | ($715.0M) | ($1.1B) | ($435.0M) |
| Decrease (increase) in funds held by reinsureds, net | $138.0M | ($81.0M) | ($66.0M) | ($197.0M) |
| Decrease (increase) in reinsurance recoverables | ($1.5B) | ($1.1B) | $143.0M | ($413.0M) |
| Decrease (increase) in income taxes | $150.0M | ($277.0M) | ($559.0M) | ($181.0M) |
| Decrease (increase) in prepaid reinsurance premiums | $360.0M | ($232.0M) | ($46.0M) | ($166.0M) |
| Increase (decrease) in reserve for losses and loss adjustment expenses | $3.6B | $5.6B | $2.3B | $3.5B |
| Increase (decrease) in unearned premiums | ($278.0M) | $809.0M | $1.4B | $655.0M |
| Increase (decrease) in amounts due to reinsurers | ($235.0M) | $135.0M | $18.0M | $201.0M |
| Increase (decrease) in losses in course of payment | ($98.0M) | $75.0M | $93.0M | ($186.0M) |
| Change in equity adjustments in limited partnerships | ($364.0M) | ($261.0M) | ($168.0M) | ($94.0M) |
| Distribution of limited partnership income | $195.0M | $163.0M | $120.0M | $180.0M |
| Change in other assets and liabilities, net | ($463.0M) | ($431.0M) | ($339.0M) | ($291.0M) |
| Non-cash compensation expense | $61.0M | $63.0M | $49.0M | $45.0M |
| Amortization of bond premium (accrual of bond discount) | ($166.0M) | ($167.0M) | ($64.0M) | $55.0M |
| Net (gains) losses on investments | $143.0M | ($19.0M) | $276.0M | $455.0M |
| Net cash provided by (used in) operating activities | $3.1B | $5.0B | $4.6B | $3.7B |
| Proceeds from fixed maturities matured/called/repaid - available for sale | $4.5B | $3.8B | $2.3B | $2.6B |
| Proceeds from fixed maturities sold - available for sale | $1.6B | $6.3B | $3.8B | $1.4B |
| Proceeds from fixed maturities matured/called/repaid - held to maturity | $199.0M | $157.0M | $105.0M | $39.0M |
| Proceeds from fixed maturities sold - held to maturity | $10.0M | — | — | — |
| Proceeds from equity securities sold | $56.0M | $37.0M | $126.0M | $2.2B |
| Distributions from other invested assets | $334.0M | $409.0M | $245.0M | $266.0M |
| Cost of fixed maturities acquired - available for sale | ($10.4B) | ($11.6B) | ($10.7B) | ($7.3B) |
| Cost of fixed maturities acquired - held to maturity | ($7.0M) | ($49.0M) | ($112.0M) | ($153.0M) |
| Cost of equity securities acquired | ($9.0M) | ($50.0M) | ($17.0M) | ($1.0B) |
| Cost of other invested assets acquired | ($507.0M) | ($936.0M) | ($902.0M) | ($1.5B) |
| Net change in short-term investments | $1.9B | ($2.5B) | ($1.0B) | $149.0M |
| Net change in unsettled securities transactions | ($83.0M) | ($27.0M) | $181.0M | ($71.0M) |
| Proceeds from sale of renewal rights | $331.0M | — | — | — |
| Net cash provided by (used in) investing activities | ($2.1B) | ($4.5B) | ($5.9B) | ($3.4B) |
| 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 | -61.0M |
| Dividends paid to shareholders | ($335.0M) | ($334.0M) | ($288.0M) | ($255.0M) |
| 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 | -20.0M |
| Net cash provided by (used in) financing activities | ($1.2B) | ($383.0M) | $1.4B | ($359.0M) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH | ($28.0M) | $16.0M | ($23.0M) | $39.0M |
| Net increase (decrease) in cash | ($231.0M) | $112.0M | $38.0M | ($42.0M) |
| Cash, beginning of period | $1.5B | $1.4B | $1.4B | $1.4B |
| Cash, end of period | $1.3B | $1.5B | $1.4B | $1.4B |
| Income taxes paid (recovered) | $150.0M | $397.0M | $196.0M | $171.0M |
| Interest paid | $150.0M | $147.0M | $130.0M | $98.0M |
| Non-cash limited partnership distribution | $8.0M | $23.0M | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income (loss) | $1.2B | $653.0M | $1.1B | $890.0M |
| Decrease (increase) in premiums receivable | $78.0M | $92.0M | ($417.0M) | ($662.0M) |
| Decrease (increase) in funds held by reinsureds, net | ($85.0M) | ($65.0M) | ($43.0M) | ($79.0M) |
| Decrease (increase) in reinsurance recoverables | ($149.0M) | ($151.0M) | ($266.0M) | $199.0M |
| Decrease (increase) in income taxes | $59.0M | $66.0M | $80.0M | $152.0M |
| Decrease (increase) in prepaid reinsurance premiums | ($90.0M) | $105.0M | $77.0M | $85.0M |
| Increase (decrease) in reserve for losses and loss adjustment expenses | $669.0M | $553.0M | $3.1B | $1.7B |
| Increase (decrease) in unearned premiums | ($788.0M) | ($519.0M) | ($48.0M) | $63.0M |
| Increase (decrease) in amounts due to reinsurers | $212.0M | $26.0M | $213.0M | $12.0M |
| Increase (decrease) in losses in course of payment | ($27.0M) | ($10.0M) | ($23.0M) | $12.0M |
| Change in equity adjustments in limited partnerships | ($240.0M) | ($153.0M) | ($242.0M) | ($140.0M) |
| Distribution of limited partnership income | $90.0M | $34.0M | $128.0M | $74.0M |
| Change in other assets and liabilities, net | $0 | $18.0M | ($204.0M) | ($249.0M) |
| Non-cash compensation expense | $40.0M | $18.0M | $43.0M | $26.0M |
| Amortization of bond premium (accrual of bond discount) | ($60.0M) | ($29.0M) | ($122.0M) | ($78.0M) |
| Net (gains) losses on investments | $17.0M | $10.0M | $59.0M | $12.0M |
| Net cash provided by (used in) operating activities | $939.0M | $649.0M | $3.5B | $2.0B |
| Proceeds from fixed maturities matured/called/repaid - available for sale | $2.2B | $1.2B | $3.4B | $2.1B |
| Proceeds from fixed maturities sold - available for sale | $1.1B | $519.0M | $933.0M | $280.0M |
| Proceeds from fixed maturities matured/called/repaid - held to maturity | $69.0M | $20.0M | $156.0M | $105.0M |
| Proceeds from fixed maturities sold - held to maturity | $0 | $0 | $10.0M | $10.0M |
| Proceeds from equity securities sold | $0 | $0 | $55.0M | $54.0M |
| Distributions from other invested assets | $119.0M | $50.0M | $266.0M | $223.0M |
| Cost of fixed maturities acquired - available for sale | ($3.8B) | ($2.5B) | ($8.0B) | ($5.8B) |
| Cost of fixed maturities acquired - held to maturity | ($69.0M) | ($51.0M) | ($6.0M) | ($4.0M) |
| Cost of equity securities acquired | ($3.0M) | — | ($2.0M) | ($2.0M) |
| Cost of other invested assets acquired | ($224.0M) | ($98.0M) | ($406.0M) | ($303.0M) |
| Net change in short-term investments | $470.0M | $765.0M | $945.0M | $2.3B |
| Net change in unsettled securities transactions | $1.0M | $10.0M | ($66.0M) | ($38.0M) |
| Net cash provided by (used in) investing activities | ($199.0M) | ($88.0M) | ($2.8B) | ($1.0B) |
| Common shares issued (redeemed) during the period for share-based compensation, net of expense | -21.0M | -20.0M | -19.0M | -19.0M |
| Purchase of treasury shares | -725.0M | -330.0M | -400.0M | -400.0M |
| Dividends paid to shareholders | ($158.0M) | ($80.0M) | ($253.0M) | ($169.0M) |
| Cost of shares withheld on settlements of share-based compensation awards | -24.0M | -23.0M | -20.0M | -20.0M |
| Net cash provided by (used in) financing activities | ($927.0M) | ($454.0M) | ($693.0M) | ($608.0M) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH | $26.0M | $28.0M | ($24.0M) | ($32.0M) |
| Net change in cash including balances classified as held-for-sale | ($161.0M) | $134.0M | ($10.0M) | $352.0M |
| Cash, beginning of period | $1.3B | $1.3B | $1.5B | $1.5B |
| Cash, end of period | $1.1B | $1.4B | $1.5B | $1.9B |
| Net increase (decrease) in cash balances classified as held-for-sale | ($40.0M) | ($38.0M) | — | — |
| Income taxes paid (recovered) | $143.0M | $12.0M | $98.0M | $16.0M |
| Interest paid | $71.0M | $35.0M | $91.0M | $75.0M |
| Non-cash restructure of fixed maturity securities - available for sale and other invested assets | $0 | $0 | — | $39.0M |
| Non-cash restructure of fixed maturity securities - available for sale and equity securities | $6.0M | $6.0M | — | — |
EVEREST GROUP, LTD. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.