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Everest Group EG Insurance — Supplementary Insurance Information Deferred Policy Acquisition Costs

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:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

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 insurance — supplementary insurance information deferred policy acquisition costs?
Everest Group (EG) reported insurance — supplementary insurance information deferred policy acquisition costs of $252M in Q4 2022.
What does insurance — supplementary insurance information deferred policy acquisition costs mean?
The portion of policy acquisition costs that are capitalized to be recognized as expenses over the duration of the insurance policy.
How do you interpret insurance — supplementary insurance information deferred policy acquisition costs?
An increase suggests higher investment in new business acquisition, while a decrease may indicate reduced marketing or lower new business volume.
How does insurance — supplementary insurance information deferred policy acquisition costs compare across companies?
Standard across the insurance industry as Deferred Acquisition Costs (DAC).