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Everest Group, Ltd.
NYSE: EG Financials Insurance 🔎 Screen
S&P 500
🏹 Trader: 🎯 Near 52W High 💎 VCP Breakout | BRS 71 Forming View all →
$15.5B
Market Cap
9.0
P/E
0.25
PEG
12.3%
ROCE
10.8%
ROE
0.23
D/E
10.8%
OPM
-4.7%
% from 52W High
64
α RS
🔍 EG is showing a high-conviction setup because it matches 3 of 37 tracked screener presets, Sector RRG has Financials in the Improving quadrant with the trail still strengthening, and RS Rating is 64. Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 3/37 · Financials in Improving quadrant · RS Rating 64
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🌏 Global Investor Returns
Currency-adjusted total returns for EG including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Everest Group, Ltd., together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding EG
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 162.1K $53.0M 0.08% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
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📊 MIXED Everest Group Q1 2026: operating income $648M, combined ratio 91.2%, net operating ROE 16.7%.
Revenue & Profitability
Gross written premiums were $3.6 billion, down 18.5% in constant dollars (18% per Jim Williamson). Net income was $653 million, operating income $648 million, and operating earnings per share $16.08. The combined ratio improved to 91.2% (89.3% excluding Legacy). Underwriting income was $316 million, net investment income $567 million. Book value per share (ex-unrealized depreciation) was $393.02. Share repurchases totaled $331 million in Q1, with an additional $100 million in April.
Outlook
Management sees more competitive market conditions, with property catastrophe pricing softening globally (down 13% at April 1 renewals). For the mid-year Florida renewals, rates are expected to decline in the mid-teens, but terms and conditions are expected to remain disciplined. Positive tailwinds from Florida tort reform are evident in the data. However, the U.S. legal environment is described as 'hostile,' and casualty lines face continued uncertainty in loss cost trends.
Growth Drivers
Growth is driven by selective property catastrophe reinsurance (up 9.4% in property cat XOL), specialty lines, and accident and health within Global Wholesale & Specialty. The Middle East reinsurance business (around $300 million gross premium) is expected to benefit from rate increases following the Iran conflict. Mount Logan continues to build momentum and attract investor interest across multiple strategies. Management prioritizes profitability over volume, deploying capital only where returns exceed thresholds.
Balance Sheet & CapEx
Not discussed in detail. Management mentioned technology investments in Global Wholesale & Specialty, enabled by resources freed from the retail divestiture. Restructuring charges of approximately $150 million in 2026 are tied to the exit of the commercial retail insurance business, including real estate costs. No specific capital expenditure guidance was provided.
Margins
The group combined ratio improved to 91.2%. Treaty reinsurance combined ratio was 87.2% with an attritional loss ratio of 56.7%. Global Wholesale & Specialty combined ratio was 96.8% with an attritional loss ratio of 58.9% (improved 3.8 points year-over-year). The underwriting expense ratio for the group was 6%, expected to remain in a 6%-7% range. The commission ratio increased to 23.1% due to mix. Margin improvement is driven by portfolio shift, stronger underwriting, and proactive loss picking.
Key Risks
Key risks include the hostile U.S. legal environment, which creates uncertainty in casualty loss trends. Property catastrophe pricing is softening, which could pressure margins. The Baltimore Bridge incident may require a few tens of millions of incremental reserves. The Iran conflict adds geopolitical uncertainty, though the $58 million provision is considered prudent. Competitive conditions are increasing, and a normal level of catastrophe activity is assumed in the outlook.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Q2 2026 saw robust earnings, strong underwriting, and disciplined capital management, with $585M operating income, 14.9% ROE, and 12% book value growth. Reserve strengthening in North America casualty and strategic use of alternative capital platforms support future flexibility.
Q1 2026 Q1 2026 2026-04-30
First quarter results showed strong profitability and capital efficiency, with operating income of $648 million, a 91.2% combined ratio, and robust investment income. Strategic exits and disciplined underwriting drove improved margins, while capital return to shareholders accelerated.
Q4 2025 Q4 2025 2026-02-05
Q4 saw net operating income of $549M, a 14.2% ROE, and strong investment income, despite lower premiums from the retail exit and targeted underwriting. Share repurchases remain a priority, with $800M bought back in 2025 and more planned for 2026.
Q3 2025 Q3 2025 2025-10-28
Exited global retail insurance and sold renewal rights, focusing on core reinsurance and specialty lines. Strengthened reserves with a $1.2B ADC, reported a 1% drop in gross written premium, and improved reinsurance combined ratio to 87%. Capital return to shareholders is a priority.
Q2 2025 Q2 2025 2025-07-31
Net operating income reached $734 million with a 19.6% ROE, driven by strong underwriting and investments. Reinsurance delivered robust profits and improved ratios, while insurance saw continued portfolio reshaping and international growth. Share repurchases totaled $200 million for the quarter.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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No Investment Recommendation:
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Information Sources:
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