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Everest Group EG Global Wholesale & Specialty — Underwriting Income (Loss)

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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:UnderwritingIncomeLoss.

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
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)
Interest, fee and bond issue cost amortization expense(36)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Everest Group's global wholesale & specialty — underwriting income (loss)?
Everest Group (EG) reported global wholesale & specialty — underwriting income (loss) of $23M in Q1 2026.
What does global wholesale & specialty — underwriting income (loss) mean?
Underwriting income is the profit or loss generated by the segment after subtracting incurred losses, LAE, and all underwriting expenses from earned premiums. It measures the core profitability of the insurance business before investment income is considered. This is the primary metric for evaluating the segment's ability to price risk effectively.

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