secwatch.observer — SEC 8-K summary
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Issuer:     EVEREST GROUP, LTD. (EG)
CIK:        0001095073
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001095073-23-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everest Q3 net income $678M vs loss $319M YoY; combined ratio 91.4% vs 112.0%
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- Net income $678M ($15.63/diluted share) vs net loss $319M in Q3 2022; operating income $613M ($14.14/diluted share).
- Combined ratio improved to 91.4% from 112.0% YoY; catastrophe losses fell to $170M from $730M.
- Gross written premium grew 23.4% constant currency to $4.4B; Reinsurance GWP +32.7% constant, a record quarter.
- Net investment income $406M, up from $151M YoY; operating cash flow record $1.4B.
- Book value per share $258.71 (up from $215.54 Dec 2022); ROE 21.2% net income, 19.2% operating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095073/000109507323000045/0001095073-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095073/000109507323000045/everestre-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001095073-23-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer