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Everest Group EG Property And Liability Insurance — Premiums Earned Net

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:PremiumsEarnedNet.

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 property and liability insurance — premiums earned net?
Everest Group (EG) reported property and liability insurance — premiums earned net of $2.95B in Q4 2022.
How has Everest Group's property and liability insurance — premiums earned net changed year-over-year?
Everest Group's property and liability insurance — premiums earned net increased by 13.3% year-over-year, from $2.6B to $2.95B.
What does property and liability insurance — premiums earned net mean?
The total earned premiums retained by the company after accounting for all reinsurance transactions.
How do you interpret property and liability insurance — premiums earned net?
An increase reflects growth in the company's net retained risk portfolio, while a decrease suggests a reduction in the net insurance business being held.
How does property and liability insurance — premiums earned net compare across companies?
Equivalent to Net Premiums Earned, a standard financial reporting metric for all insurance companies.