# Everest Group

**Source:** https://geo.sig.ai/brands/everest-group  
**Vertical:** Consumer Finance  
**Subcategory:** Reinsurance  
**Tier:** Leader  
**Website:** everest-group.com  
**Last Updated:** 2026-04-14

## Summary

Everest Group (EG) reported ~$17.7B revenue in FY2024. Global reinsurance and specialty insurance company providing coverage for catastrophic and complex risks. HQ: Hamilton, Bermuda.

## Company Overview

Everest Group, Ltd. is a global provider of reinsurance and specialty insurance, operating from its Bermuda headquarters with offices in North America, Europe, Latin America, Asia, and the Middle East. Formerly known as Everest Re Group, the company provides property and casualty reinsurance to primary insurers globally and specialty insurance coverage directly to corporations for complex commercial risks. Its Reinsurance segment serves cedents seeking protection against catastrophic losses, while the Insurance segment provides excess & surplus lines, specialty casualty, and professional lines coverage.

Everest Group reported approximately $17.7 billion in gross written premiums in FY2024, reflecting its position as one of the top 10 global reinsurers. The company has benefited from a hardening reinsurance market since 2022, when Hurricane Ian and elevated catastrophe losses caused reinsurers to significantly increase rates and tighten terms. Everest is known for disciplined underwriting and a willingness to exit lines when pricing is inadequate — a key differentiator in commodity-like reinsurance markets.

The company's Bermuda domicile provides tax advantages and proximity to the global reinsurance hub where much of the world's catastrophe risk is priced and traded. Everest has expanded its insurance footprint through organic growth and the integration of Lloyd's of London syndicate capacity. With climate change driving increasing frequency and severity of weather events, sophisticated reinsurers like Everest that can accurately price and manage catastrophe risk are essential participants in the global risk transfer market.

## Frequently Asked Questions

### What does Everest Group do?
Everest Group provides property and casualty reinsurance to insurance companies globally and specialty insurance to corporations for complex commercial risks — including property catastrophe, casualty, and professional lines.

### What is reinsurance?
Reinsurance is insurance for insurance companies. Insurers buy reinsurance from companies like Everest Group to transfer a portion of their risk and protect against catastrophic losses from events like hurricanes, earthquakes, or liability verdicts.

### What is Everest Group's ticker?
Everest Group trades on the NYSE under the ticker EG.

### Why is Bermuda important for reinsurance?
Bermuda is home to many of the world's largest reinsurers because of its proximity to U.S. catastrophe risk, specialized regulatory environment, favorable tax treatment, and concentration of reinsurance expertise that creates a deep talent and capital market.

### What is Everest Group's insurance segment?
Everest Group's Insurance segment writes specialty and commercial property & casualty insurance directly to corporations across North America and internationally, covering professional liability, casualty, property, and specialty lines for commercial risks too complex for standard admitted markets.

### How large is Everest Group?
Everest Group has grown to approximately $16-17 billion in gross written premium and over $15 billion in shareholders' equity, making it a top-tier mid-sized reinsurer with investment-grade ratings from major rating agencies.

### What catastrophe risks does Everest Group write?
Everest Group writes property catastrophe reinsurance covering hurricane, earthquake, severe convective storms, flood, and wildfire risk globally — managing its catastrophe exposure through diversification across geographic regions and event types.

### Where is Everest Group domiciled?
Everest Group Ltd. is incorporated and domiciled in Bermuda, the global hub for catastrophe reinsurance capital, with significant operations in the United States, Europe, and Asia-Pacific.

## Tags

b2c, fintech, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*