---
schema_version: "secwatch.filing_event.v1"
accession: "0001095073-25-000008"
form_type: "8-K"
ticker: "EG"
cik: "0001095073"
company_name: "EVEREST GROUP, LTD."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T08:58:16.652678+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Everest pre-announces FY2024 net income $1.3-1.4B, includes $1.7B reserve strengthening

## Summary
- Net income range $1.3B-$1.4B; non-GAAP net operating income $1.2B-$1.3B for FY2024.
- Total reserve strengthening of $1.7B: $1.5B unfavorable prior-year development + $229M current accident year in U.S. casualty.
- Reinsurance segment U.S. casualty reserves strengthened $684M; Insurance segment $1.1B prior-year + $206M current year.
- New 'Other' segment formed; includes sports/leisure business sold Oct 2024, run-off asbestos/environmental; $425M unfavorable development.
- Targets mid-teens total shareholder return over cycle; no longer providing detailed forward guidance.

## SEC filing metadata
- accession: 0001095073-25-000008
- form_type: 8-K
- ticker: EG
- cik: 0001095073
- company_name: EVEREST GROUP, LTD.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095073/000109507325000008/0001095073-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095073/000109507325000008/everestre-20250127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095073-25-000008
- JSON: https://secwatch.observer/filing/0001095073-25-000008.json
- Plain text: https://secwatch.observer/filing/0001095073-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.