What does operating segments — corporate expenses mean?

The total administrative and overhead costs incurred by the corporate parent company.

How do you interpret operating segments — corporate expenses?

An increase may indicate rising corporate overhead or strategic investments, while a decrease suggests improved cost management or leaner operations.

How does operating segments — corporate expenses compare across companies?

Standard across insurance holding companies as 'Corporate and Other' or 'Unallocated Expenses'.

Everest Group EG Operating Segments — Corporate Expenses

Discontinued — last reported Q2 '18

Similar metrics at other companies

GLOperating Segments — Parent Expense

$2.29M+2.6%

HIGCorporate And Other — Supplementary Insurance Information Other Operating Expense

$88.25M-18.1%

HIGCorporate Non — Supplementary Insurance Information Other Operating Expense

$281.25M+172%

GLCorporate Non — Parent Expense

$2.15M-4.6%

EFC

EFCCorporate and Other — Operating Expenses

$11.55M+11.5%

ACGLCorporate And Other — Other Expenses

$5.34M+166%

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

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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

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 re:CorporateExpenses.

The official record: Everest Group’s 10-Q, filed August 9, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — corporate expenses mean?: The total administrative and overhead costs incurred by the corporate parent company.
How do you interpret operating segments — corporate expenses?: An increase may indicate rising corporate overhead or strategic investments, while a decrease suggests improved cost management or leaner operations.
How does operating segments — corporate expenses compare across companies?: Standard across insurance holding companies as 'Corporate and Other' or 'Unallocated Expenses'.