Everest Group Ltd (NYSE: EG) is a Bermuda-based reinsurance and insurance company that underwrites property and casualty risk across global markets. It makes money by collecting premiums on reinsurance treaties and facultative placements, as well as direct insurance policies, then investing the float. The company operates through two reportable segments: Reinsurance (72.4% of gross written premiums in FY2025) and Insurance (27.1% of gross written premiums in FY2025), with a residual Other segment (0.5%) covering run-off business. Gross written premiums totaled $17.7 billion in FY2025. Everest's global network spans more than 100 countries across six continents, with operating entities in Bermuda, the U.S., Ireland, the U.K., the Netherlands, Spain, France, Germany, Italy, Singapore, and Australia. At December 31, 2025, shareholders' equity was $15.5 billion and total assets were $62.5 billion. The company is a constituent of the S&P 500.

Revenue model

Premium income from property and casualty reinsurance treaties, facultative placements, and direct insurance policies, supplemented by investment income earned on the float. Reinsurance business is distributed through brokers and direct placements with ceding companies. Brokerage fees are generally paid by reinsurers.

Products and services

Property and casualty reinsurance on both treaty and facultative bases; specialty lines reinsurance; commercial property and casualty insurance; excess and surplus lines insurance (written through Everest Indemnity on a non-admitted basis); admitted property and casualty insurance across all 50 U.S. states and internationally.

Customers and end markets

Ceding insurance companies that purchase reinsurance; commercial insureds purchasing primary property and casualty coverage. Reinsurance business is placed through brokers, with Marsh McLennan accounting for approximately 22.4% and Aon approximately 18.7% of gross written premiums in FY2025. The ten largest brokers in the Reinsurance segment accounted for approximately 60.9% of gross written premiums in FY2025.

Value-chain role

Reinsurer and direct insurer. Sits above primary insurers in the risk transfer chain by assuming ceded risk from cedents, and participates directly in primary commercial insurance markets through its Insurance segment.

Geographic exposure

Global. Operations in the U.S., Bermuda, Ireland, U.K., Netherlands, Spain, France, Germany, Italy, Singapore, and Australia. Network spans more than 100 countries across six continents (as of FY2025 10-K filed 2026-02-26).

Source: SEC 10-K, filed 2026-02-26

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