EVEREST GROUP, LTD.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
EG$422.32+2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at and
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (In millions of U.S. dollars, except par value per share) | 2025 | 2024 |
| ASSETS: | ||
| Fixed maturities - available for sale, at fair value | $34,573 | $28,908 |
| (amortized cost: 2025, $34,620; 2024, $29,934, credit allowances: 2025, $(68); 2024, $(36)) | ||
| Fixed maturities - held to maturity, at amortized cost | ||
| (fair value: 2025, $576; 2024, $759, net of credit allowances: 2025, $(6); 2024, $(8)) | 567 | 757 |
| Equity securities, at fair value | 180 | 217 |
| Other invested assets | 5,796 | 5,392 |
| Short-term investments | 2,994 | 4,707 |
| Cash | 1,318 | 1,549 |
| Total investments and cash | 45,429 | 41,531 |
| Accrued investment income | 436 | 368 |
| Premiums receivable (net of credit allowances: 2025, $(94); 2024, $(54)) | 5,727 | 5,378 |
| Reinsurance paid loss recoverables (net of credit allowances: 2025, $(57); 2024, $(41)) | 142 | 207 |
| Reinsurance unpaid loss recoverables | 4,968 | 2,915 |
| Funds held by reinsureds | 1,326 | 1,218 |
| Deferred acquisition costs | 1,546 | 1,461 |
| Prepaid reinsurance premiums | 653 | 869 |
| Income tax asset, net | 915 | 1,223 |
| Other assets (net of credit allowances: 2025, $(17); 2024, $(9)) | 1,372 | 1,171 |
| TOTAL ASSETS | $62,514 | $56,341 |
| LIABILITIES: | ||
| Reserve for losses and loss adjustment expenses | $34,312 | $29,889 |
| Unearned premium reserve | 7,275 | 7,324 |
| Funds held under reinsurance treaties | 267 | 27 |
| Amounts due to reinsurers | 642 | 701 |
| Losses in course of payment | 151 | 241 |
| Senior notes | 2,352 | 2,350 |
| Long-term notes | 218 | 218 |
| Borrowings from FHLB | 1,019 | 1,019 |
| Accrued interest on debt and borrowings | 21 | 22 |
| Unsettled securities payable | — | 84 |
| Other liabilities | 797 | 590 |
| TOTAL LIABILITIES | 47,054 | 42,466 |
| Commitments and contingencies (Note 12) | ||
| SHAREHOLDERS' EQUITY: | ||
| Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding | — | — |
| Common shares, par value: $0.01; 200.0 shares authorized; 74.4 (2025) and 74.3 (2024) | ||
| outstanding before treasury shares | 1 | 1 |
| Additional paid-in capital | 3,852 | 3,812 |
| Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) | ||
| of $(23) at 2025 and $(177) at 2024 | (52) | (1,138) |
| Treasury shares, at cost: 33.7 shares (2025) and 31.3 shares (2024) | (4,906) | (4,108) |
| Retained earnings | 16,565 | 15,309 |
| Total shareholders' equity | 15,461 | 13,875 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $62,514 | $56,341 |
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