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Everest Group EG Global Wholesale & Specialty — Other underwriting expenses

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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 us-gaap:OtherUnderwritingExpense.

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 TreatyGlobal Wholesale & SpecialtyLegacyTotal
Premiums earned$2,456$719$399$3,574
Incurred losses and LAE1,4484533162,217
Commission and brokerage63215241825
Other underwriting expenses619065216
Underwriting gain (loss)$315$23$(22)$316
Net investment income567
Net gains (losses) on investments(10)
Corporate expenses(38)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Everest Group's global wholesale & specialty — other underwriting expenses?
Everest Group (EG) reported global wholesale & specialty — other underwriting expenses of $90M in Q1 2026.
What does global wholesale & specialty — other underwriting expenses mean?
This includes all operational and administrative expenses incurred by the segment that are not classified as commissions or loss adjustment expenses. It encompasses costs such as personnel, technology, and general overhead required to support the underwriting function. Tracking this is vital for evaluating the operational efficiency of the segment.

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