Everest Re Group, Ltd is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength.
Everest traces its roots back to 1973 as the former reinsurance arm of The Prudential. On October 6, 1995, The Prudential successfully completed an initial public offering of 100% of the Company's outstanding stock and under the guidance of its Chairman and CEO, Joseph V. Taranto, the Company has become a leading international insurance and reinsurance organization, ranking amongst the largest reinsurers in the world.
Type | Public | |
Founded | 1973 | |
HQ | City of Hamilton, BM | Map |
Website | everestre.com |
USD | |
---|---|
Revenue (Q2, 2020) | 2.2b |
Gross profit (Q2, 2020) | 837.5m |
Gross profit margin (Q2, 2020), % | 37.3% |
Net income (Q2, 2020) | 190.9m |
Market capitalization (15-Jan-2021) | 9.2b |
Closing stock price (15-Jan-2021) | 231.2 |
Cash (30-Jun-2020) | 922.5m |
EV | 8.7b |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.4b | 1.4b | 1.4b | 1.3b | 1.5b | 1.5b | 1.5b | 1.4b | 1.4b | 1.2b | 1.4b | 1.5b | 1.5b | 1.5b | 1.7b | 1.7b | 1.9b | 1.9b | 2.0b | 2.0b | 2.0b | 2.0b | 2.2b |
Cost of goods sold | 643.9m | 674.8m | 1.2b | 735.8m | 602.5m | 607.9m | 603.7m | 592.6m | 711.6m | 770.1m | 619.4m | 735.7m | 837.8m | 722.5m | 790.7m | 888.1m | 700.7m | 857.8m | 786.2m | 770.8m | 861.3m | 2.2b | 1.1b | 1.3b | 1.3b | 1.0b | 1.1b | 1.4b | 1.4b | |
Gross profit | 455.5m | 503.3m | (43.3m) | 441.0m | 646.7m | 574.2m | 615.3m | 775.0m | 643.0m | 631.4m | 664.4m | 716.8m | 698.1m | 742.5m | 645.1m | 487.1m | 541.3m | 570.1m | 724.3m | 714.0m | 669.3m | (484.6m) | 688.0m | 551.6m | 692.6m | 911.5m | 924.3m | 551.2m | 837.5m | |
Gross profit Margin, % | 41% | 43% | (4%) | 37% | 52% | 49% | 50% | 57% | 47% | 45% | 52% | 49% | 45% | 51% | 45% | 35% | 44% | 40% | 48% | 48% | 44% | (28%) | 39% | 29% | 36% | 47% | 46% | 28% | 37% |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 191.5m | 201.1m | 284.1m | 411.5m | 443.7m | 472.0m | 398.9m | 478.6m | 524.1m | 439.1m | 589.5m | 385.4m | 341.6m | 401.8m | 398.6m | 338.9m | 401.2m | 328.9m | 429.3m | 435.8m | 468.2m | 469.2m | 585.4m | 700.6m | 619.5m | 639.8m | 584.0m | 661.4m | 717.2m | 817.6m | 922.5m |
Total Assets | 18.2b | 18.5b | 18.8b | 19.0b | 18.7b | 19.2b | 18.9b | 19.7b | 19.8b | 19.6b | 20.0b | 20.1b | 21.2b | 21.5b | 21.3b | 21.5b | 21.7b | 20.9b | 21.3b | 21.7b | 22.2b | 22.5b | 23.9b | 23.5b | 23.9b | 24.4b | 25.6b | 26.4b | 27.0b | 27.2b | 28.6b |
Short-term debt | 133.0m | 83.0m | 40.0m | 40.0m | |||||||||||||||||||||||||||
Long-term debt | 238.3m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 238.4m | 447.1m | 397.1m |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 610.8m | (80.5m) | 829.0m | 1.3b | 1.3b | 1.1b | 996.3m | 469.0m | 103.6m | 1.0b |
Cash From Operating Activities | 918.5m | 659.5m | 663.9m | 1.1b | 1.3b | 1.3b | 1.4b | 1.2b | 610.1m | 1.9b |
Purchases of PP&E | (63.1m) | |||||||||
Cash From Investing Activities | (270.0m) | (208.7m) | (233.8m) | (224.0m) | (1.2b) | (1.1b) | (657.9m) | (732.6m) | (279.6m) | (1.4b) |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 134.0m | 308.2m | (315.9m) | (184.6m) | (121.5m) | 304.7m | 519.3m | 770.2m | 384.3m | 660.0m | 898.5m | 302.0m | 599.9m | 901.2m | 339.1m | 574.5m | 682.1m | 171.7m | 327.4m | 622.8m | 291.6m | 537.3m | (102.1m) | 210.3m | 280.2m | 485.8m | 348.9m | 691.8m | 791.8m | 16.6m | 207.5m |
Cash From Operating Activities | 492.8m | 790.6m | 188.1m | 338.7m | 546.7m | 165.7m | 304.5m | 479.4m | 225.7m | 395.8m | 776.2m | 367.1m | 590.4m | 925.9m | 455.1m | 683.1m | 987.5m | 367.1m | 674.5m | 950.7m | 381.8m | 634.4m | 1.0b | 195.6m | 132.6m | 543.6m | 459.8m | 853.5m | 1.5b | 506.0m | 1.1b |
Purchases of PP&E | (63.1m) | (63.1m) | (63.1m) | ||||||||||||||||||||||||||||
Cash From Investing Activities | (204.5m) | (305.4m) | (81.7m) | (86.7m) | (153.9m) | (6.5m) | (103.9m) | (167.9m) | (14.1m) | 250.4m | 103.4m | (384.4m) | (1.1b) | (1.2b) | (495.7m) | (826.8m) | (784.4m) | (208.2m) | (296.6m) | (331.0m) | (334.3m) | (529.5m) | (764.5m) | (55.4m) | 2.2m | (277.2m) | (432.7m) | (690.4m) | (1.2b) | (258.2m) | (629.0m) |
USD | Q2, 2010 |
---|---|
Debt/Equity | 0.1 x |
Financial Leverage | 3 x |
Everest Re Group revenue breakdown by business segment: 35.2% from U.S. Reinsurance, 20.4% from International, 14.8% from Bermuda and 29.6% from Insurance
Everest Re Group has 536 Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.8% quarter over quarter
1.3k
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Following
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Followers
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Tweets last 30 days
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Avg. likes per Tweet
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Tweets with engagement
When was Everest Re Group founded?
Everest Re Group was founded in 1973.
Who are Everest Re Group key executives?
Everest Re Group's key executives are Dominic J. Addesso, John P. Doucette and Craig W. Howie.
How many employees does Everest Re Group have?
Everest Re Group has 1,603 employees.
What is Everest Re Group revenue?
Latest Everest Re Group annual revenue is $8.2 b.
What is Everest Re Group revenue per employee?
Latest Everest Re Group revenue per employee is $5.1 m.
Who are Everest Re Group competitors?
Competitors of Everest Re Group include White Oak Underwriting Agency, Brown & Brown and Alleghany Corporation.
Where is Everest Re Group headquarters?
Everest Re Group headquarters is located at House 45, 19 Reid Street, City of Hamilton.
Where are Everest Re Group offices?
Everest Re Group has offices in City of Hamilton, New York, Brussel and London.
How many offices does Everest Re Group have?
Everest Re Group has 5 offices.
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