What does bermuda — sales & marketing mean?

The costs incurred to acquire and maintain insurance customers, such as commissions and marketing spend.

How do you interpret bermuda — sales & marketing?

Lower expenses relative to premiums indicate higher operational efficiency in business acquisition.

How does bermuda — sales & marketing compare across companies?

Standard operating expense category for insurance companies, often analyzed as part of the expense ratio.

Everest Group EG Bermuda — Sales & Marketing

Discontinued — last reported Q4 '19

Similar metrics at other companies

BRK.AUnderwriting — Total Costs & Expenses

$19.86B+3.4%

WRBReinsurance & Monoline Excess — Policy Acquisition And Insurance Operating Expenses

$105.77M+3.1%

FRHCInsurance — Advertising and sponsorship expense (including $27,151,$18,497, and — from related parties)

$220K-74.5%

MKLConsumer and Other — Other Underwriting Expense

$0—

WRBInsurance — Policy Acquisition And Insurance Operating Expenses

$783.42M+6.5%

ACGLOther — Acquisition expense ratio

0%—

Other financials

Income statement

See full

Revenue$4.1B-4.6%

Net income$653.0M+211%

EPS (diluted)$16.21+231%

Balance sheet

See full

Cash & equivalents$1.4B-9.7%

Total debt$196.0M+55.6%

Total equity$15.3B+8.1%

Total assets$62.3B+7.2%

Cash flow

See full

Operating cash flow$649.0M-30.1%

Valuation

See full

Market cap$13.28B-15.4%

P/E6.5×—

P/S0.8×-0.1×

Profitability

See full

Net margin11.8%—

Returns & leverage

See full

Return on equity13.8%—

Debt / equity0×0.0×

Where this comes from

Reported directly by Everest Group in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

The official record: Everest Group’s 10-K, filed March 2, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does bermuda — sales & marketing mean?: The costs incurred to acquire and maintain insurance customers, such as commissions and marketing spend.
How do you interpret bermuda — sales & marketing?: Lower expenses relative to premiums indicate higher operational efficiency in business acquisition.
How does bermuda — sales & marketing compare across companies?: Standard operating expense category for insurance companies, often analyzed as part of the expense ratio.