Everest Re Group, Ltd. (RE) financial statements (2021 and earlier)

Company profile

Business Address SEON PLACE, 4TH FLOOR
HAMILTON, HM 19
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:2812,0822,3212,0642402,499913
Cash and cash equivalents 717661584 640619
Short-term investments21,3651,6591,48031,860293
Other undisclosed cash, cash equivalents, and short-term investments279   238  
Total current assets:2812,0822,3212,0642402,499913
Noncurrent Assets
Operating lease, right-of-use asset1615962 
Long-term investments and receivables1,7641,7161,6691,6441,5921,5091,826
Long-term investments1,7641,7161,6691,6441,5921,5091,826
Total noncurrent assets:1,9251,7751,7311,6441,5921,5091,826
Other undisclosed assets25,11823,16722,33621,92222,96220,40321,147
TOTAL ASSETS:27,32427,02426,38825,63124,79424,41123,886
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities18,19118,04017,50417,20416,89016,08215,645
Total liabilities:18,19118,04017,50417,20416,89016,08215,645
Stockholders' equity
Stockholders' equity attributable to parent9,1338,9838,8848,4277,9048,3298,241
Common stock1111111
Treasury stock, value(3,422)(3,422)(3,422)(3,414)(3,398)(3,398)(3,348)
Additional paid in capital2,2202,2062,1982,1902,1892,1832,173
Accumulated other comprehensive income (loss)2846(45)(216)(463)(470)(445)
Retained earnings10,30710,15210,1529,8669,57410,0149,861
Total stockholders' equity:9,1338,9838,8848,4277,9048,3298,241
TOTAL LIABILITIES AND EQUITY:27,32427,02426,38825,63124,79424,41123,886

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues2,2142,0432,0191,9601,7951,9441,893
Premiums earned, net   1,7331,8511,731 
Financial services revenue1,730
Cost of revenue(1,408)(1,372)(1,095)(1,049)(2,001)(1,252)(1,341)
Policyholder benefits and claims incurred, net(1,408)(1,372)(1,095)(1,049)(2,001)(1,252) 
Financial services costs(1,341)
Gross profit:806671924912(206)693552
Operating expenses(569)(561)(526)(488)(481)(479)(477)
Operating income (loss):237109399423(687)21375
Interest and debt expense(8)(8)(8)(8)(8)(8)(8)
Income (loss) from continuing operations before equity method investments, income taxes:229101390415(695)20567
Other undisclosed loss from continuing operations before income taxes(10)(8)(8)(7)(7)(8)(7)
Income (loss) from continuing operations before income taxes:21993383409(702)19761
Income tax expense (benefit)(1)11(40)(60)32089
Net income (loss) attributable to parent:218104343349(382)20670
Other undisclosed net loss available to common stockholders, basic(65)(58)(60)(60)(52)(54)(53)
Net income (loss) available to common stockholders, diluted:15347283289(435)15116

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):218104343349(382)20670
Other comprehensive income (loss)(18)911712468(25)(103)
Comprehensive income (loss), net of tax, attributable to parent:200196514595(375)181(33)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: