Everest Re Group (RE) β†’ Stock, financial statements
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Everest Re Group

396.02 USD +1.33 (+0.49%)
Oct 20 πŸ‡ΊπŸ‡Έ NYSE RE
Dividends
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  • RE Ticker
  • πŸ‡ΊπŸ‡Έ NYSE Exchange
  • 1,415 Employees
  • πŸ’° Financials Sector
  • πŸ§‘πŸΌβ€πŸ’Ό Insurance Industry
  • Dominic James Addesso CEO
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Financial statements β€” Everest Re Group

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20 ← 16 2020 2019 2018 2017 2016
Total Revenue
9.7B 8.2B 7.4B 6.6B 5.8B
Cost Of Revenue
1.7M 0 0 0 0
Gross Profit
9.6B 8.2B 7.4B 6.6B 5.8B
Research and Development
0 0 0 0 0
Selling General and Admin
0 0 0 0 0
Operating Expense
9.1B 7.1B 7.6B 6.2B 4.7B
Operating Income
590M 1.1B -230M 410M 1.1B
Other Income Expense Net
0 0 0 0 0
EBIT
590M 1.1B -230M 410M 1.1B
Interest Income
0 0 0 0 0
Pretax Income
590M 1.1B -230M 410M 1.1B
Income Tax
71M 90M -330M -64M 100M
Minority Interest
0 0 0 0 0
Net Income
510M 1M 100M 460M 990M
Net Income Basic
510M 1M 100M 460M 990M
20 ← 16 2020 2019 2018 2017 2016
Current cash
0 0 0 0 0
Short term investments
26B 21B 19B 19B 18B
Receivables
4.7B 4B 4B 3.2B 2.5B
Inventory
0 0 0 0 0
Other current assets
1.3B 1.1B 890M 680M 550M
Current assets
31B 26B 23B 22B 21B
Long term investments
1.4B 1.5B 1.5B 1.1B 790M
Property plant equipment
0 0 0 0 0
Goodwill
0 0 0 0 0
Intangible assets
0 0 0 0 0
Other assets
1.4B 1.5B 1.5B 1.1B 790M
Total assets
33B 27B 25B 24B 21B
Accounts payable
0 0 0 0 0
Current long term debt
1.9B 630M 630M 630M 630M
Other current liabilities
21B 17B 16B 14B 12B
Total current liabilities
23B 18B 17B 15B 13B
Long term debt
0 0 0 0 0
Other liabilities
560M 450M 280M 330M 260M
Minority Interest
0 0 0 0 0
Total Liabilities
23B 18B 17B 15B 13B
Common stock
40M 40M 40M 41M 41M
Retained earning
11B 10B 9.6B 9.7B 9.4B
Treasury stock
-3.6B -3.4B -3.4B -3.3B -3.3B
Capital surplus
β€’ β€’ β€’ β€’ β€’
Shareholder equity
9.7B 9.1B 7.9B 8.4B 8.1B
Net tangible assets
9.7B 9.1B 7.9B 8.4B 8.1B
20 ← 16 2020 2019 2018 2017 2016
Net Income
510M 1M 100M 460M 990M
Depreciation
0 0 0 0 0
Changes in receivables
650M 17M 810M 690M 180M
Changes in inventories
0 0 0 0 0
Cash change
-6.4M 150M 21M 150M 200M
Cash flow
2.9B 1.9B 610M 1.2B 1.4B
Capital expenditures
0 0 0 0 0
Investments
β€’ β€’ β€’ β€’ β€’
Investing activity other
β€’ β€’ β€’ β€’ β€’
Total investing cash flows
-3.7B -1.4B -280M -730M -660M
Dividends paid
β€’ β€’ β€’ β€’ β€’
Net borrowings
-24B -20B -18B -18B -17B
Other financing cash flows
β€’ β€’ β€’ β€’ β€’
Cash flow financing
-800M -280M -320M -280M -570M
Exchange rate effect
β€’ β€’ β€’ β€’ β€’

Everest Re Group Ltd. is a holding company, which engages in the provision of reinsurance and insurance services. It operates through the following segments: U.S. Reinsurance, International, Bermuda, and Insurance. The U.S. Reinsurance segment writes property and casualty reinsurance and specialty lines of business, including marine, aviation, surety, and accident and health business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U.S. The International segment offers foreign property and casualty reinsurance through Everest Re's branches in Canada and Singapore and through offices in Brazil, Miami, and New Jersey. The Bermuda segment comprises reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its Bermuda office and reinsurance to the United Kingdom and European markets through its UK branch and Ireland Re. The Insurance segment writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Canada, and Europe. The company was founded in 1999 and is headquartered in Hamilton, Bermuda.