Last 7 days
2.8%
Last 30 days
0.7%
Last 90 days
-3.0%
Trailing 12 Months
24.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-07-03 | HARTZBAND MERYL D | acquired | 31,204 | 339 | 92.00 | - |
2023-04-03 | HARTZBAND MERYL D | acquired | 30,989 | 360 | 86.00 | - |
2023-03-15 | Andrade Juan C | sold (taxes) | -1,189,490 | 340 | -3,494 | president and ceo |
2023-03-15 | Andrade Juan C | acquired | 2,325,200 | 340 | 6,830 | president and ceo |
2023-03-15 | KARMILOWICZ MIKE | acquired | 268,266 | 340 | 788 | evp, pres/ceo insurance div |
2023-03-15 | KARMILOWICZ MIKE | sold (taxes) | -137,197 | 340 | -403 | evp, pres/ceo insurance div |
2023-03-15 | Mukherjee Sanjoy | sold (taxes) | -130,728 | 340 | -384 | execvp, gen counsel, secretary |
2023-03-15 | Mukherjee Sanjoy | acquired | 395,249 | 340 | 1,161 | execvp, gen counsel, secretary |
2023-02-27 | Mukherjee Sanjoy | sold (taxes) | -42,215 | 383 | -110 | execvp, gen counsel, secretary |
2023-02-27 | KARMILOWICZ MIKE | sold (taxes) | -49,890 | 383 | -130 | evp, pres/ceo insurance div |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | new | - | 4,704,680 | 4,704,680 | 0.02% |
2023-09-20 | BARCLAYS PLC | added | 164 | 37,044,000 | 61,394,000 | 0.04% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -2,537 | 53,672 | 0.01% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | -1,731 | 29,457 | -% |
2023-08-24 | Alamar Capital Management, LLC | added | 5.41 | 12,128 | 1,939,710 | 1.43% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -74.07 | -7,274 | 2,393 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | -5,000 | 85,000 | 0.01% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 7.64 | 1,603,360 | 59,239,200 | 0.57% |
2023-08-22 | US Asset Management LLC | sold off | -100 | -139,000 | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 6.65 | 429,822 | 23,898,700 | 0.03% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | boston partners | 5.22% | 2,043,090 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 12.40% | 4,857,673 | SC 13G/A | |
Jan 31, 2023 | blackrock inc. | 7.4% | 2,899,304 | SC 13G/A | |
Jan 20, 2023 | state street corp | 4.79% | 1,877,172 | SC 13G/A | |
Jan 20, 2023 | state street corp | 4.79% | 1,877,172 | SC 13G/A | |
Feb 11, 2022 | boston partners | 5.59% | 2,201,704 | SC 13G/A | |
Feb 11, 2022 | capital international investors | 3.2% | 1,244,971 | SC 13G/A | |
Feb 11, 2022 | state street corp | 5.00% | 1,969,769 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 7.1% | 2,792,385 | SC 13G/A | |
Feb 16, 2021 | capital international investors | 5.8% | 2,316,349 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 26, 2023 | 8-K/A | Current Report | |
Sep 20, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 10-Q | Quarterly Report | |
Aug 01, 2023 | 8-K | Current Report | |
Jul 26, 2023 | 8-K | Current Report | |
Jul 06, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 81.3B | 55.3B | 2.58% | 19.59% | 46.61 | 1.47 | 11.39% | 104.72% |
AIG | 43.6B | 50.4B | 1.37% | 27.97% | 9.68 | 0.86 | -9.25% | -63.51% |
ALL | 29.1B | 54.6B | 0.32% | -9.75% | -10.86 | 0.53 | 9.14% | -383.17% |
AFG | 9.3B | 7.5B | -6.50% | -5.67% | 10.94 | 1.25 | 12.86% | -17.26% |
HIG | - | 23.6B | -2.21% | 14.35% | - | - | 5.78% | -4.19% |
TRV | 37.1B | 38.7B | -0.02% | 7.01% | 16.63 | 0.96 | 8.33% | -37.32% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
MID-CAP | ||||||||
ESGR | 3.9B | 1.3B | -5.95% | 42.73% | 14.06 | 3 | 41.34% | 137.60% |
RNR | 10.1B | 7.4B | 4.18% | 40.72% | 24.47 | 1.36 | 62.27% | 144.80% |
SMALL-CAP | ||||||||
PLMR | 1.2B | 348.9M | -4.49% | -40.60% | 21.29 | 3.53 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | -0.58% | -17.82% | -110.9 | 0.86 | 3.44% | -114.81% |
PRA | 983.2M | 1.1B | 1.05% | -6.36% | 106.06 | 0.87 | -2.53% | -76.30% |
JRVR | 572.2M | 901.0M | -1.04% | -33.32% | 12.33 | 0.64 | 14.76% | 164.17% |
13.2%
12.3%
11.2%
22.4%
29.2%
19.2%
16.5%
Y-axis is the maximum loss one would have experienced if Everest Re Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 6.5% | 13,264 | 12,449 | 12,060 | 11,924 | 11,776 | 12,018 | 11,866 | 11,507 | 11,192 | 10,360 | 9,598 | 9,051 | 8,483 | 8,247 | 8,231 | 7,576 | 7,469 | 7,344 | 7,361 | 7,451 | 7,240 |
S&GA Expenses | 2.2% | 2,639 | 2,583 | 2,528 | 2,474 | 2,397 | 2,325 | 2,209 | 2,124 | 2,005 | 1,913 | 1,873 | 1,810 | 1,808 | 1,763 | 1,704 | 1,650 | 1,588 | 1,551 | 1,519 | 1,511 | 1,463 |
EBITDA | -100.0% | - | 800 | 686 | 600 | 912 | 1,537 | 1,608 | 1,205 | 1,570 | 1,025 | 614 | 714 | 536 | 683 | 1,131 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.06* | 0.06* | 0.05* | 0.09* | 0.13* | 0.14* | 0.10* | 0.14* | 0.10* | 0.06* | 0.08* | 0.06* | 0.08* | 0.14* | - | - | - | - | - | - |
Interest Expenses | 7.5% | 114 | 106 | 98.00 | 80.00 | 78.00 | 62.00 | 62.00 | 44.00 | 50.00 | 27.00 | 28.00 | 24.00 | 26.00 | 27.00 | 32.00 | 31.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 |
Earnings Before Taxes | 90.9% | 1,325 | 694 | 588 | 520 | 833 | 1,474 | 1,546 | 1,164 | 1,525 | 1,002 | 585 | 685 | 506 | 641 | 1,099 | 174 | 271 | -50.25 | -242 | 1,173 | 79.00 |
EBT Margin | -100.0% | - | 0.06* | 0.05* | 0.04* | 0.08* | 0.12* | 0.13* | 0.10* | 0.14* | 0.10* | 0.06* | 0.08* | 0.06* | 0.08* | 0.13* | - | - | - | - | - | - |
Net Income | 82.3% | 1,212 | 665 | 597 | 533 | 779 | 1,336 | 1,379 | 1,012 | 1,329 | 839 | 514 | 668 | 530 | 672 | 1,009 | 407 | 500 | 228 | 89.00 | 1,045 | 208 |
Net Income Margin | -100.0% | - | 0.05* | 0.05* | 0.04* | 0.08* | 0.11* | 0.12* | 0.09* | 0.12* | 0.08* | 0.05* | 0.07* | 0.06* | 0.08* | 0.12* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 3,913 | 3,695 | 3,722 | 3,767 | 3,775 | 3,833 | 3,474 | 3,397 | 3,272 | 2,874 | 2,556 | 2,103 | 1,898 | 1,852 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 6.8% | 44,668 | 41,839 | 39,966 | 38,144 | 37,908 | 37,987 | 38,185 | 36,606 | 35,370 | 33,595 | 32,712 | 30,153 | 28,585 | 27,223 | 27,324 | 27,024 | 26,340 | 25,593 | 24,751 | 24,411 | 23,886 |
Cash Equivalents | 28.4% | 2,067 | 1,610 | 1,398 | 1,679 | 2,116 | 1,778 | 1,441 | 1,068 | 1,106 | 1,133 | 802 | 939 | 922 | 818 | 808 | 717 | 661 | 584 | 656 | 640 | 619 |
Liabilities | 2.9% | 33,766 | 32,825 | 31,525 | 30,495 | 29,055 | 28,459 | 28,046 | 26,627 | 24,953 | 23,912 | 22,985 | 20,562 | 19,298 | 18,642 | 18,191 | 18,040 | 17,504 | 17,204 | 16,890 | 16,082 | 15,645 |
Shareholder's Equity | 20.9% | 10,902 | 9,014 | 8,441 | 7,649 | 8,853 | 9,528 | 10,139 | 9,979 | 10,417 | 9,683 | 9,726 | 9,591 | 9,286 | 8,581 | 9,133 | 8,983 | 8,837 | 8,389 | 7,861 | 8,289 | 8,209 |
Retained Earnings | 4.8% | 12,940 | 12,342 | 12,042 | 11,610 | 11,994 | 11,936 | 11,700 | 11,330 | 11,465 | 10,847 | 10,567 | 10,566 | 10,385 | 10,256 | 10,307 | 10,152 | 10,105 | 9,829 | 9,531 | 10,014 | 9,861 |
Additional Paid-In Capital | 63.5% | 3,753 | 2,295 | 2,302 | 2,293 | 2,284 | 2,272 | 2,274 | 2,266 | 2,256 | 2,246 | 2,245 | 2,235 | 2,226 | 2,216 | 2,220 | 2,206 | 2,198 | 2,190 | 2,189 | 2,183 | 2,173 |
Shares Outstanding | 6.0% | 74.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 69.00 | 69.00 | 69.00 | 69.00 | 69.00 | 69.00 | 69.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 9.7% | 4,291 | 3,913 | 3,695 | 3,722 | 3,767 | 3,775 | 3,833 | 3,474 | 3,397 | 3,272 | 2,874 | 2,556 | 2,103 | 1,898 | 1,852 | 1,553 | 1,331 | 874 | 610 | 662 | 661 |
Share Based Compensation | 2.2% | 46.00 | 45.00 | 45.00 | 45.00 | 45.00 | 44.00 | 43.00 | 43.00 | 42.00 | 41.00 | 39.00 | 38.00 | 36.00 | 34.00 | 34.00 | 32.00 | 32.00 | 33.00 | 32.00 | 33.00 | 32.00 |
Cashflow From Investing | -44.4% | -5,413 | -3,749 | -3,418 | -3,963 | -3,493 | -3,834 | -3,869 | -4,055 | -4,186 | -3,880 | -3,683 | -1,929 | -1,351 | -1,237 | -1,412 | -1,214 | -972 | -656 | -279 | -245 | -200 |
Cashflow From Financing | 390.5% | 1,069 | -368 | -359 | 795 | 705 | 689 | 674 | 724 | 973 | 932 | 800 | -396 | -480 | -423 | -275 | -274 | -318 | -332 | -316 | -360 | -310 |
Dividend Payments | 2.3% | 265 | 259 | 255 | 252 | 249 | 246 | 247 | 248 | 248 | 248 | 249 | 250 | 245 | 240 | 234 | 228 | 224 | 220 | 216 | 213 | 211 |
Buy Backs | 0% | 60.00 | 60.00 | 61.00 | 85.00 | 186 | 202 | 225 | 200 | 40.00 | 24.00 | 200 | 200 | 200 | 208 | 25.00 | 25.00 | 75.00 | 101 | 75.00 | 131 | 81.00 |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
REVENUES: | ||||
Premiums earned | $ 3,251 | $ 2,916 | $ 6,352 | $ 5,708 |
Net investment income | 357 | 226 | 617 | 469 |
Total net gains (losses) on investments | 5 | (236) | 10 | (390) |
Other income (expense) | 38 | (71) | (42) | (56) |
Total revenues | 3,650 | 2,835 | 6,936 | 5,731 |
CLAIMS AND EXPENSES: | ||||
Incurred losses and loss adjustment expenses | 1,960 | 1,876 | 3,927 | 3,666 |
Commission, brokerage, taxes and fees | 686 | 630 | 1,347 | 1,236 |
Other underwriting expenses | 205 | 170 | 405 | 331 |
Corporate expenses | 17 | 15 | 36 | 29 |
Interest, fees and bond issue cost amortization expense | 33 | 24 | 65 | 48 |
Total claims and expenses | 2,901 | 2,715 | 5,779 | 5,310 |
INCOME (LOSS) BEFORE TAXES | 750 | 119 | 1,157 | 421 |
Income tax expense (benefit) | 80 | (4) | 122 | 1 |
NET INCOME (LOSS) | 670 | 123 | 1,035 | 420 |
Other comprehensive income (loss), net of tax: | ||||
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period | (169) | (732) | 77 | (1,548) |
Reclassification adjustment for realized losses (gains) included in net income (loss) | 2 | 16 | 5 | 20 |
Total URA(D) on securities arising during the period | (167) | (717) | 82 | (1,528) |
Foreign currency translation adjustments | (1) | (28) | 30 | (62) |
Reclassification adjustment for amortization of net (gain) loss included in net income (loss) | 0 | 1 | 1 | 2 |
Total benefit plan net gain (loss) for the period | 0 | 1 | 1 | 2 |
Total other comprehensive income (loss), net of tax | (168) | (744) | 113 | (1,588) |
COMPREHENSIVE INCOME (LOSS) | $ 502 | $ (621) | $ 1,148 | $ (1,168) |
EARNINGS PER COMMON SHARE: | ||||
Basic (in dollars per share) | $ 16.26 | $ 3.11 | $ 25.74 | $ 10.67 |
Diluted (in dollars per share) | $ 16.26 | $ 3.11 | $ 25.74 | $ 10.67 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS: | ||
Fixed maturities - available for sale, at fair value (amortized cost: 2023, $26,372; 2022, $24,191, credit allowances: 2023, $(63); 2022, $(54)) | $ 24,489 | $ 22,236 |
Fixed maturities - held to maturity, at amortized cost (fair value: 2023, $781; 2022, $821, net of credit allowances: 2023, $(8); 2022, $(9)) | 798 | 839 |
Equity securities, at fair value | 259 | 281 |
Other invested assets | 4,262 | 4,085 |
Short-term investments | 1,675 | 1,032 |
Cash | 2,067 | 1,398 |
Total investments and cash | 33,550 | 29,872 |
Accrued investment income | 266 | 217 |
Premiums receivable (net of credit allowances: 2023, $(34); 2022, $(29)) | 4,263 | 3,619 |
Reinsurance paid loss recoverables (net of credit allowances: 2023, $(24); 2022, $(23)) | 201 | 136 |
Reinsurance unpaid loss recoverables | 2,175 | 2,105 |
Funds held by reinsureds | 1,075 | 1,056 |
Deferred acquisition costs | 1,086 | 962 |
Prepaid reinsurance premiums | 692 | 610 |
Income tax asset, net | 399 | 459 |
Other assets (net of credit allowances: 2023, $(7); 2022, $(5)) | 961 | 930 |
TOTAL ASSETS | 44,668 | 39,966 |
LIABILITIES: | ||
Reserve for losses and loss adjustment expenses | 23,405 | 22,065 |
Future policy benefit reserve | 28 | 29 |
Unearned premium reserve | 5,943 | 5,147 |
Funds held under reinsurance treaties | 25 | 13 |
Amounts due to reinsurers | 678 | 567 |
Losses in course of payment | 150 | 74 |
Senior notes | 2,348 | 2,347 |
Long-term notes | 218 | 218 |
Borrowings from FHLB | 519 | 519 |
Accrued interest on debt and borrowings | 19 | 19 |
Unsettled securities payable | 21 | 1 |
Other liabilities | 412 | 526 |
Total liabilities | 33,766 | 31,525 |
Commitments and contingencies | ||
SHAREHOLDERS' EQUITY: | ||
Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding | 0 | 0 |
Common shares, par value: $0.01; 200.0 shares authorized; (2023) 74.2 and (2022) 69.9 outstanding before treasury shares | 1 | 1 |
Additional paid-in capital | 3,753 | 2,302 |
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(247) at 2023 and $(250) at 2022 | (1,883) | (1,996) |
Treasury shares, at cost; 30.8 shares (2023) and 30.8 shares (2022) | (3,908) | (3,908) |
Retained earnings | 12,940 | 12,042 |
Total shareholders' equity | 10,902 | 8,441 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ 44,668 | $ 39,966 |