Everest Group Ltd (N:EG)

Sector:  Financials Industry:  Reinsurance
 
See Regulatory Filings on SEC
Company Contact
Address: Seon Place, 4Th Floor, 141 Front Street
HAMILTON HM 19
Tel: 1-908-6047343
Website: https://www.everestre.com
IR: See website
<
Key People
Joseph V. Taranto
Chairman of the Board
James Allan Williamson
Acting Chief Executive Officer, Director
Mark Kociancic
Group Chief Financial Officer, Executive Vice President
Gail Van Beveren
Chief Human Resource Officer, Executive Vice President
Ricardo A. Anzaldua
Executive Vice President, General Counsel
Bill Hazelton
Executive Vice President - Everest Insurance, President - North America Insurance
Business Overview
Everest Group, Ltd. is a Bermuda-based underwriter. The Company provides property, casualty, and specialty reinsurance and insurance solutions. It operates through two operating segments: Reinsurance and Insurance. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. Business is written in the United States (US), Bermuda, and Ireland offices, as well as through branches in Canada, Singapore, the United Kingdom (UK), and Switzerland. The Insurance operation writes property and casualty insurance directly and through brokers, including for surplus lines, and general agents within the US, Bermuda, Canada, Europe, Singapore, and South America through its offices in the US, Australia, Canada, Chile, Colombia, Mexico, Singapore, the UK, Ireland, and branches located in the UK, the Netherlands, France, Germany, and Spain.
Financial Overview
For the nine months ended 30 September 2024, Everest Group Ltd revenues increased 16% to $12.65B. Net income applicable to common stockholders increased 15% to $1.94B. Revenues reflect Premiums earned increase of 14% to $11.26B, Investment Income - Gross - Insurance increase of 43% to $1.53B. Net income was partially offset by Expense Ratio(Co.&Br) -%US Insurance increase of 3% to 29%, Commission, brokerage.
Employees: 2,844 as of Feb 1, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $16,982M as of Sep 30, 2024
Annual revenue (TTM): $16,303M as of Sep 30, 2024
EBITDA (TTM): $2,659M as of Sep 30, 2024
Net annual income (TTM): $2,738M as of Sep 30, 2024
Free cash flow (TTM): $4,869M as of Sep 30, 2024
Net Debt Last Fiscal Year: $1,788M as of Sep 30, 2024
Shares outstanding: 42,978,585 as of Oct 29, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.