Everest Group (EG) Q3 2025 10-Q Quarterly Report

Filed: Oct 31, 2025Period ending Sep 30, 2025
Financials
Fire, Marine & Casualty InsuranceSEC EDGAR

Everest Group (EG) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 31, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Everest Group Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $4.32B Q3 2025, flat YoY (-1.6% premiums earned); 9M revenue $13.07B, up 3.4% YoY; premiums earned 9M $11.7B up 3.9%
  • Combined ratio Q3 2025 103.4% vs 93.1% YoY (+10.3 pts); 9M combined ratio 98.7% vs 90.8% YoY (+7.9 pts); loss ratio Q3 73.6% vs 66.0%, 9M 70.1% vs 63.3%
  • Best segment Reinsurance: Q3 premiums $3.21B (-1.8% YoY), combined ratio 87.0% vs 91.8% YoY (-4.8 pts); Worst segment Insurance: Q3 premiums $1.15B (+3.4% YoY), combined ratio 138.1% vs 96.9% YoY (+41.2 pts)
  • Shareholders’ equity $15.4B Sept 2025, up 10.8% from Dec 2024; operating cash flow 9M $3.5B vs $4.2B YoY; repurchases $400M shares, dividends $253M paid YTD
  • Near-term outlook impacted by reserve strengthening on U.S. casualty lines, adverse prior year loss development, and portfolio actions; recent sales and reinsurance agreements reflect strategic capital redeployment

Risk Factors

  • No material changes to risk factors since 2024 10-K
  • Dependence on technology services market volatility impacting revenue streams
  • Exposure to foreign currency fluctuations affecting international earnings
  • Potential regulatory changes in data privacy laws posing compliance challenges
  • Concentration risk from reliance on limited number of large clients

Everest Group Q3 2025 Quarterly Financials
XBRL

Revenue

$4.3B

+0.8% YoY -3.8% QoQ

Net Income

$255M

-49.9% YoY -62.5% QoQ

Net Margin

5.9%

-597bp YoY -924bp QoQ

ROE

1.7%

Total Assets

$62.2B

EPS (Diluted)

$6.13

-48.2% YoY -61.8% QoQ

Operating Cash Flow

$1.5B

-16.1% YoY +35.2% QoQ

Source: XBRL data from Everest Group Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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