At a glance
Everest Group Ltd is worth $15.47B, about 11 times its fiscal 2025 earnings. Revenue grew 1.2% to $17.50B in fiscal 2025, with 9.1% kept as profit; over 5 years it has grown 12.8% a year. It pays a 1.92% dividend yield, raised every year for at least 4 years, and returned $2.74B to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +36.0% over the past year with dividends reinvested, against +11.5% for the S&P 500.
The business in plain English
Everest Group is a Bermuda-based reinsurance and insurance company in the S&P 500 Index. Its network spans more than 100 countries. Reinsurance is insurance for insurance companies: an insurer pays Everest a premium to take on part of the risk on policies it has written. Everest's main operating companies are rated A+ ("Superior") by A.M. Best, a firm that grades insurers on their ability to pay claims.
Reinsurance is most of the business. In 2025 Everest had $17.7 billion in gross written premiums, which means premiums before it passes any risk on to its own reinsurers. About 72.4% came from the Reinsurance segment and 27.1% from the Insurance segment. That segment mainly writes commercial property and casualty coverage, which protects against damage to property and against legal liability. Reinsurance brokers brought in about 65.9% of premiums, and deals made directly with insurers brought in 7.1%. Marsh McLennan alone accounted for about 22.4%. No single customer made up more than 3.6%. Everest makes money when premiums exceed claims and costs, and by investing premiums until claims are paid.
In October 2025, Everest agreed to transfer to AIG the renewal rights for certain commercial retail insurance lines in the U.S., U.K., Asia Pacific and parts of the European Union. Those lines carried an estimated $2 billion of gross premiums. The deals sharpen Everest's focus on global reinsurance and on wholesale and specialty insurance.
Price history
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EG +36.0% over the year to Nov 2, 2026, total return with dividends reinvested.
Latest results
- In Q3 FY2026 (ended Sep 30, 2026), revenue was $3.71B, down 14% from a year earlier, and net income was $233.0M (-8.6%).
- For fiscal 2025, revenue was $17.50B (+1.2% year over year; +12.8% a year from FY2020 to FY2025) with a 9.1% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +12.8% good |
|---|---|
| Return on equity (FY2025) | 10.3% watch |
| Return on assets (FY2025) | 2.5% weak |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $9.60B | $262.0M | — |
| FY2021 | $11.87B | $1.38B | — |
| FY2022 | $12.06B | $597.0M | — |
| FY2023 | $14.59B | $2.52B | — |
| FY2024 | $17.28B | $1.37B | — |
| FY2025 | $17.50B | $1.59B | — |
Valuation snapshot
| Market value | $15.47B |
|---|---|
| P/E ratio | 11.1 |
| Dividend yield | 1.92% |
Rank among 1514 US companies
Market value at each year end
Everest Group Ltd’s market value went from $15.34B at the end of 2023 to $15.47B on Nov 2, 2026, up 1%; since the end of 2025 it is up 9%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Nov 2, 2026 | $15.47B | +8.6% |
| 2025 | $14.25B | -8.6% |
| 2024 | $15.58B | +1.5% |
| 2023 | $15.34B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| EG price data to Nov 2, 2026 | +25.3% | +36.0% | +5.3% | — | — |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +25.3% |
| 2025 | -4.2% |
| 2024 | +4.6% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Insider activity
Form 4 filings from 2025-10-31 to 2026-10-31 (25 read): 0 open-market purchases and 1 sales ($273K).
| Date | Insider | Type | Value |
|---|---|---|---|
| May 7, 2026 | Jason Keen EVP & CEO of GW & S Division | sell | $273K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 7.6% | Mar 31, 2025 |
| Vanguard Capital Management | 7.55% | Mar 31, 2026 |
| Vanguard Portfolio Management | 5.39% | Mar 31, 2026 |
| Norges Bank | 5.1942% | Mar 31, 2026 |
| Wellington Management Group LLP | 3.8% | Dec 31, 2024 |
ETFs with the most weight in EG
| KBWP Invesco KBW Property & Casualty Insurance ETF | 4.03% |
| JDVI John Hancock Disciplined Value International Select ETF | 2.46% |
| FTGS First Trust Growth Strength ETF | 2.24% |
| DEMZ Democratic Large Cap Core ETF | 2.24% |
| FTDS First Trust Dividend Strength ETF | 2.14% |
| SMRI Bushido Capital US Equity ETF | 2.14% |
| QDIV Global X S&P 500 Quality Dividend ETF | 1.86% |
| RSPF Invesco S&P 500 Equal Weight Financials ETF | 1.44% |
What could go wrong
- More reserve charges on casualty claims. In 2025 Everest added $657 million to reserves, the money set aside for claims, mostly for 2022–2024 U.S. liability and excess casualty claims. Costly lawsuits and litigation funding could force more charges.
- Large catastrophes can erase profits. About 72% of 2025 premiums came from reinsurance, which is insurance for insurers. Natural disasters, severe storms, wars or cyber incidents could cost more than Everest's models predict, and climate change may worsen them.
- Heavy reliance on two big brokers. Marsh McLennan and Aon supplied about 22% and 19% of 2025 premiums; the reinsurance unit's top ten brokers, 61%. Everest says losing one would not seriously hurt results, but brokers bring in most of its business.
- Exiting retail insurance carries transition risk. In October 2025 Everest agreed to let AIG take over renewals of some retail commercial policies carrying about $2 billion of premiums, leaving a smaller, more reinsurance-focused company; such deals can bring unexpected costs.
- A ratings downgrade could cost business. Everest's operating companies held an A+ (Superior) rating for claims-paying strength in the 2025 annual report. A downgrade could push insurers and brokers toward rivals and raise borrowing costs.
- Bermuda base brings tax and legal risks. Everest is based in Bermuda. Changes to U.S., Bermuda or global tax rules could reduce net income, and shareholders may find it harder to protect their interests than at a U.S. corporation.
Recent events
- Quarterly results released
- Investor presentation or announcement
- Investor presentation or announcement
- Quarterly results released
- Other company announcement
- Executive or board change; Shareholder vote results
- Quarterly results released
- Investor presentation or announcement
- Major agreement signed; Investor presentation or announcement
- Executive or board change
For income and retirement investors
Everest has raised its regular dividend four years in a row, from $6.20 per share in 2021 to $8.00 in 2025. That is about 5.2% a year since 2020. The 2025 dividend took about 21.1% of earnings, and the yield was 2.07% as of October 28, 2026. Buybacks (repurchases of its own shares) rose to $797 million in 2025 from $200 million in 2024. The share count fell 3.8% between August 2021 and July 2026. Profits are uneven: diluted earnings per share fell from $60.19 in 2023 to $31.78 in 2024. The 10-K warns that big catastrophe losses could limit dividends.
The price record shown here covers only about 3.3 years. So it does not show how EG held up in the 2008 financial crisis, the 2020 COVID crash or the 2022 bear market. In the three years to October 28, 2026, the deepest drop from a peak was 23.4%. Single stocks carry more risk than diversified funds.
Questions investors ask
Does Everest Group raise its dividend every year?
Not every year, but it has raised its regular dividend four years in a row through 2025. The payout was flat at $6.20 per share in 2020 and 2021. It then climbed to $8.00 in 2025, or about 5.2% a year since 2020. Dividends used about 21% of 2025 earnings, and the yield was about 2% as of October 29, 2026. Past increases don't guarantee future ones, since heavy catastrophe years can squeeze profits.
How does Everest Group make money?
Everest earns most of its money from reinsurance, which is insurance that other insurers purchase to cover their own large losses. In 2025 it wrote $17.7 billion of gross premiums. About 72% came from reinsurance and 27% from insurance, mainly commercial property and casualty coverage placed through brokers. It also earns income by investing premiums before claims are paid. Revenue was $17.5 billion and net income $1.6 billion in 2025. Profits depend on pricing risk correctly and avoiding outsized catastrophe or lawsuit losses.
What is Everest Group's deal with AIG?
In October 2025 Everest agreed to hand AIG the renewal rights (the right to renew existing customers' policies) for some retail commercial lines in the U.S., U.K., Asia Pacific and parts of the European Union. These lines carry an estimated $2 billion of premiums. AIG agreed to pay $252 million plus $49 million, plus $10 million a month for nine months of transition services from January 2026. Everest says the move sharpens its focus on reinsurance and on wholesale and specialty insurance.
What is Everest Group's P/E ratio?
Everest's price-to-earnings (P/E) ratio was about 10.6 as of October 29, 2026, based on 2025 diluted earnings of $37.80 per share. The ratio compares the share price with one year of profit. Insurer earnings swing widely. Diluted earnings per share ranged from $12.78 in 2020 to $60.19 in 2023, and 2025 profit absorbed a $657 million pre-tax reserve increase. Market value was about $15.4 billion, close to shareholders' equity of $15.4 billion as of June 30, 2026.
How has Everest Group stock performed?
Strongly over one year, modestly over three. As of October 29, 2026, the share price was up about 32.6% over one year and 20.1% year to date. Over three years it gained only about 3.5% a year, or 11% in total. It fell 4.15% in 2025 after gaining 4.58% in 2024. The steepest drop over three years was 23.4%. Its one-year beta was -0.09, meaning its moves were largely unrelated to the broad market.