---
schema_version: "secwatch.filing_event.v1"
accession: "0001095073-26-000014"
form_type: "8-K"
ticker: "EG"
cik: "0001095073"
company_name: "EVEREST GROUP, LTD."
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:19:31.976501+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Everest to sell Canadian retail insurance operations to Wawanesa for CAD 410M

## Summary
- Purchase price CAD 410M, subject to adjustment, for Everest Insurance Company of Canada.
- Closing expected H2 2026; subject to antitrust and insurance regulatory approvals.
- Sale follows 2025 sale of global retail commercial renewal rights to AIG; sharpens focus on reinsurance and wholesale/specialty.
- Loss portfolio transfer reinsurance agreement with Everest Reinsurance Company (Canadian Branch) for pre-closing liabilities.

## SEC filing metadata
- accession: 0001095073-26-000014
- form_type: 8-K
- ticker: EG
- cik: 0001095073
- company_name: EVEREST GROUP, LTD.
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095073/000109507326000014/0001095073-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095073/000109507326000014/everestre-20260322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095073-26-000014
- JSON: https://secwatch.observer/filing/0001095073-26-000014.json
- Plain text: https://secwatch.observer/filing/0001095073-26-000014.txt

## Key facts
- Material Agreements
  EVEREST GROUP, LTD. entered into Purchase and Sale Agreement with The Wawanesa Mutual Insurance Company valued at CAD 410 million (effective 2026-03-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: The Wawanesa Mutual Insurance Company
  - Value: CAD 410 million
  - Effective: 2026-03-22
  source text: On March 22, 2026, Everest Underwriting Group (Ireland) Limited (“ EUGIL ”), an Irish company and direct subsidiary of Everest Group, Ltd. (the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with The Wawanesa Mutual Insurance Company, a mutual insurance company existing under the Insurance Companies Act (Canada) (“Buyer”), pursuant to which EUGIL agreed to sell to Buyer, or a Canadian affiliate thereof, all of the outstanding shares of capital of the Everest Insurance Company of Canada, a Canadian insurance company and a wholly owned subsidiary of EUGIL (“Everest Canada”), representing the Company’s Canadian Retail Insurance operations for CAD 410 million, subject to adjustment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095073/000109507326000014/0001095073-26-000014-index.htm

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