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Everest Re Group (RE)

Everest Re Group (RE)
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Everest Re Group Ltd. writes property and casualty, reinsurance and insurance in the U.S, Bermuda and international markets. The company also offers other innovative products like excess and surplus lines of insurance. Everest Re virtually underwrites all classes and categories of business in treaty, facultative, and specialty lines both through brokers and directly with ceding companies. Everest Re Group, Ltd contributed Everest Reinsurance Holdings, Inc. to its recently established Irish holding company, Everest Underwriting Group (Ireland) Limited. The company's operating subsidiaries are Everest Re, Everest National Insurance Company, Everest Indemnity Insurance Company, Everest Security Insurance Company, Everest Denali Insurance Company, Everest Premier Insurance Company, Everest International Assurance, Ltd. and Heartland Crop Insurance Company. The company reports through the following segments: Reinsurance, Insurance, Workers' compensation and International.
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 12,060,000 11,866,260 9,598,110 8,231,170 7,377,210
Sales Growth +1.63% +23.63% +16.61% +11.58% +11.64%
Net Income 597,000 1,379,080 514,150 1,009,460 103,550
Net Income Growth -56.71% +168.23% -49.07% +874.85% -77.92%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 39,966,000 38,185,281 32,788,359 27,324,051 24,794,000
Total Assets Growth +4.66% +16.46% +20.00% +10.20% +5.10%
Total Liabilities 31,525,000 28,046,100 23,062,180 18,191,131 16,890,199
Total Liabilities Growth +12.40% +21.61% +26.78% +7.70% +10.96%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 3,695,000 3,833,340 2,873,580 1,852,000 610,070
Operating Cash Flow Growth -3.61% +33.40% +55.16% +203.57% -47.53%
Net Cash Flow -42,000 639,210 -6,390 151,940 21,030
Change in Net Cash Flow -106.57% +10,103.29% -104.21% +622.49% -86.27%
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