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

Discontinued — last reported Q4 '22

Similar metrics at other companies

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RNROther — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Deferred Policy Acquisition Cost
$0
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MKLReinsurance — Deferred policy acquisition costs
$226.74M+1.6%
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KKRInsurance — Deferred Acquisition Costs, or "DAC"
$2.46B+30.2%
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AFGDeferred acquisition costs
$333M+4.1%
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RGAInsurance, Other — Deferred policy acquisition costs and other
$1.08B+22.2%
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GLHealth — Deferred Policy Acquisition Costs
$548.64M+3.7%

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 reinsurance — supplementary insurance information deferred policy acquisition costs?
Everest Group (EG) reported reinsurance — supplementary insurance information deferred policy acquisition costs of $710M in Q4 2022.
What does reinsurance — supplementary insurance information deferred policy acquisition costs mean?
Costs of acquiring new business that are spread out over the life of the insurance policy rather than expensed immediately.
How do you interpret reinsurance — supplementary insurance information deferred policy acquisition costs?
An increase suggests aggressive growth or high acquisition activity, while a decrease may indicate a shift in business mix or amortization patterns.
How does reinsurance — supplementary insurance information deferred policy acquisition costs compare across companies?
Standard accounting practice for insurance companies to match expenses with the related revenue period.