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Everest Group EG Casualty Insurance — IBNR Impact of ADC

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LMNDProperty Insurance — IBNR, net of reinsurance (less than)
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Other financials

Income statement

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Revenue$4.1B-4.6%
Net income$653.0M+211%
EPS (diluted)$16.21+231%

Balance sheet

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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

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Operating cash flow$649.0M-30.1%

Valuation

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Market cap$14.31B+3.9%
P/E
P/S0.8×0.0×

Profitability

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Net margin11.8%

Returns & leverage

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Return on equity13.8%
Debt / equity0.0×

Where this comes from

Reported directly by Everest Group in its filing.

Tagged under the XBRL concept eg:ShortDurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNetIncurredButNotReportedImpactOfAdverseDevelopmentCover.

The source filing: Everest Group’s 10-K, filed February 26, 2026. Open the filing →

Filed
Feb 26, 2026, 4:22 PM EST
Fiscal year
FY2025
Accession
0001095073-26-000006

FAQ

What is Everest Group's casualty insurance — IBNR impact of ADC?
Everest Group (EG) reported casualty insurance — IBNR impact of ADC of $713M in Q4 2025.
What does casualty insurance — IBNR impact of ADC mean?
This metric measures the specific portion of Incurred But Not Reported (IBNR) reserve adjustments that are covered or impacted by Adverse Development Cover (ADC) reinsurance agreements. It highlights the extent to which the company has transferred the risk of future IBNR reserve increases to third-party reinsurers. This is critical for assessing the net exposure to long-tail casualty claims.

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