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Everest Group EG Reinsurance — Supplementary Insurance Information Other Operating Expense

Discontinued — last reported Q4 '22

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MKLReinsurance — Other Underwriting Expense
$14.57M+4.8%

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:SupplementaryInsuranceInformationOtherOperatingExpense.

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 other operating expense?
Everest Group (EG) reported reinsurance — supplementary insurance information other operating expense of $54.5M in Q4 2022.
How has Everest Group's reinsurance — supplementary insurance information other operating expense changed year-over-year?
Everest Group's reinsurance — supplementary insurance information other operating expense increased by 9.5% year-over-year, from $49.75M to $54.5M.
What does reinsurance — supplementary insurance information other operating expense mean?
General administrative and operational costs incurred to run the reinsurance business.
How do you interpret reinsurance — supplementary insurance information other operating expense?
Lower expenses relative to total premiums indicate improved operational leverage and cost management efficiency.
How does reinsurance — supplementary insurance information other operating expense compare across companies?
Standard operating expense (OPEX) line item found in segment reporting for all financial institutions.