---
schema_version: "secwatch.filing_event.v1"
accession: "0001095073-25-000010"
form_type: "8-K"
ticker: "EG"
cik: "0001095073"
company_name: "EVEREST GROUP, LTD."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:54:37.581730+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Everest Q4 net loss $593M; $1.5B reserve strengthening in U.S. casualty lines

## Summary
- Net loss of $593M ($13.96 diluted EPS loss) vs net income of $804M in Q4 2023; net operating loss $780M.
- $1.5B net unfavorable prior year loss reserve development drove combined ratio to 135.5%; $229M increase in current accident year losses.
- Insurance segment combined ratio 239.2% due to reserve actions; Reinsurance combined ratio 90.4% remained strong.
- Full-year net income $1.4B; record net investment income ~$2B and operating cash flow $5.0B.
- Estimated $350-450M pre-tax loss from California wildfires in Q1 2025.

## SEC filing metadata
- accession: 0001095073-25-000010
- form_type: 8-K
- ticker: EG
- cik: 0001095073
- company_name: EVEREST GROUP, LTD.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095073/000109507325000010/0001095073-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095073/000109507325000010/everestre-20250203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095073-25-000010
- JSON: https://secwatch.observer/filing/0001095073-25-000010.json
- Plain text: https://secwatch.observer/filing/0001095073-25-000010.txt

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