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Everest Group EG Everest Re — Capital

Discontinued — last reported Q4 '22

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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$13.28B-15.4%
P/E6.5×
P/S0.8×-0.1×

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 us-gaap:Capital.

The official record: Everest Group’s 10-K, filed February 24, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Everest Group's everest re — capital?
Everest Group (EG) reported everest re — capital of $5.55B in Q4 2022.
What does everest re — capital mean?
The total amount of financial resources invested in the reinsurance business to support its operations and underwriting capacity.
How do you interpret everest re — capital?
An increase suggests expansion of underwriting capacity or strategic growth, while a decrease may indicate a reduction in risk appetite or capital repatriation.
How does everest re — capital compare across companies?
Comparable to 'Segment Capital' or 'Allocated Equity' reported by diversified insurance and reinsurance groups.