EVEREST GROUP, LTD. (EG)

Everest Group, Ltd. is a Bermuda-based reinsurance and insurance organization and a member of the S&P 500 Index, listed on the NYSE under the ticker EG. Through direct and indirect subsidiaries in the U.S. and internationally, it underwrites reinsurance and insurance in the U.S., Bermuda and other international markets. At December 31, 2025, it reported shareholders' equity of $15.5 billion and total assets of $62.5 billion. In October 2025 it agreed to sell renewal rights for certain lines of commercial retail insurance business to AIG, which is meant to sharpen its focus on core global reinsurance and its wholesale and specialty insurance businesses.

The company manages its business through two reportable segments, Reinsurance and Insurance, plus an "Other" segment. In 2025 gross written premiums were $17.7 billion, of which about 72.4% came from Reinsurance, 27.1% from Insurance and 0.5% from Other. The Reinsurance segment, which wrote $12.8 billion, writes worldwide property and casualty reinsurance and specialty lines on a treaty and facultative basis. Its lines include Property Pro Rata (36.3% of reinsurance premiums), Property Non-Catastrophe Excess of Loss (5.7%), Property Catastrophe Excess of Loss (18.3%) and Casualty Pro Rata (21.3%). The Insurance segment mainly writes commercial property and casualty business on an admitted and non-admitted basis, including excess and surplus lines. The Other segment holds run-off business, including asbestos and environmental exposures, discontinued programs and the previously sold sports and leisure business. It does not generally sell new products.

Everest serves a diverse client base worldwide, with a network spanning more than 100 countries across six continents. No single customer generated more than 3.6% of 2025 gross written premiums. About 65.9% of premiums came through the broker reinsurance market, 27.0% from insurance and 7.1% from direct reinsurance with ceding companies. The Reinsurance segment's ten largest brokers accounted for about 60.9% of gross written premiums, led by Marsh McLennan (22.4%) and Aon (18.7%). Insurance business is placed through wholesale, retail and surplus lines brokers, general agents and program administrators, and no single program administrator accounted for more than 4.3% of Insurance segment premium.

Operations run through subsidiaries including Bermuda Re, Everest International, Ireland Re, Ireland Insurance, Lloyd's Syndicate 2786 and several U.S. entities under Everest Re. Local insurers operate in Chile, Colombia, Mexico and Canada, with branches in places such as the U.K., Switzerland, Singapore, Australia and India. The active operating subsidiaries are each rated A+ (Superior) by A.M. Best. The company competes with U.S., Bermuda, European and other international reinsurers and insurers, as well as alternative capital providers such as captives and catastrophe bonds. It competes on financial strength, product range, relationships, pricing, capacity and claims service. As of February 1, 2026, it employed 3,064 people.