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Everest Group EG Global Wholesale & Specialty — Incurred losses and LAE
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Where this comes from
Reported directly by Everest Group in its filing.
Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.
The source filing: Everest Group’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:28 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001095073-26-000022
| (Dollars in millions) | Reinsurance Treaty | Global Wholesale & Specialty | Legacy | Total |
|---|---|---|---|---|
| Gross written premiums | $2,674 | $793 | $135 | $3,602 |
| Net written premiums | 2,405 | 692 | 89 | 3,186 |
| Premiums earned | $2,456 | $719 | $399 | $3,574 |
| Incurred losses and LAE | 1,448 | 453 | 316 | 2,217 |
| Commission and brokerage | 632 | 152 | 41 | 825 |
| Other underwriting expenses | 61 | 90 | 65 | 216 |
| Underwriting gain (loss) | $315 | $23 | $(22) | $316 |
| Net investment income | 567 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Everest Group's global wholesale & specialty — incurred losses and LAE?
- Everest Group (EG) reported global wholesale & specialty — incurred losses and LAE of $453M in Q1 2026.
- What does global wholesale & specialty — incurred losses and LAE mean?
- This metric captures the total cost of claims incurred by the segment, including both paid losses and changes in loss reserves, plus the associated Loss Adjustment Expenses (LAE). It represents the primary cost of providing insurance coverage and is a critical component of the segment's underwriting performance. Monitoring this helps assess the adequacy of pricing and the severity of claims activity.
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