What is Everest Group's legacy — other underwriting expenses?

Everest Group (EG) reported legacy — other underwriting expenses of $65M in Q1 2026.

What does legacy — other underwriting expenses mean?

These are the operational and administrative costs incurred by the Legacy segment that are not directly attributable to commissions or loss adjustment. This includes overhead, personnel costs, and technology expenses related to the underwriting process. It is a key indicator of the segment's operational efficiency and cost management.

Everest Group (EG) Legacy — Other underwriting expenses

Screener

Other segment segments

Global Wholesale & Specialty

$90M—

Reinsurance Treaty

$61M—

Similar metrics at other companies

SPNTReinsurance — Other underwriting expenses

$21.7M+1.4%

HGBermuda — Other underwriting expenses

$9.09M-35.6%

SPNTInsurance & Services — Other underwriting expenses

$25.6M+13.3%

HGTotal International — Other underwriting expenses

$41.3M+15.9%

PLMROther Underwriting Expense

$69.43M+52.5%

KIN

KINSOther Underwriting Expense

$8.66M+12.0%

Other financials

Income statement

See full

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

See full

Operating cash flow$649.0M-30.1%

Valuation

See full

Market cap$14.31B+3.9%

P/E7×—

P/S0.8×0.0×

Profitability

See full

Net margin11.8%—

Returns & leverage

See full

Return on equity13.8%—

Debt / equity0×0.0×

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 Treaty	Global Wholesale & Specialty	Legacy	Total
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
Net gains (losses) on investments				(10)
Corporate expenses				(38)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Everest Group's legacy — other underwriting expenses?: Everest Group (EG) reported legacy — other underwriting expenses of $65M in Q1 2026.
What does legacy — other underwriting expenses mean?: These are the operational and administrative costs incurred by the Legacy segment that are not directly attributable to commissions or loss adjustment. This includes overhead, personnel costs, and technology expenses related to the underwriting process. It is a key indicator of the segment's operational efficiency and cost management.