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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) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Sales 3,286,000 3,256,060 3,073,000 2,834,610 2,896,330
Sales Growth +0.92% +5.96% +8.41% -2.13% -7.18%
Net Income 365,000 495,620 -319,000 122,630 297,750
Net Income Growth -26.35% +255.37% -360.13% -58.81% -30.87%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Total Assets 41,839,000 39,966,000 38,144,000 37,907,648 37,986,781
Total Assets Growth +4.69% +4.78% +0.62% -0.21% -0.52%
Total Liabilities 32,825,000 31,525,000 30,495,000 29,054,779 28,459,150
Total Liabilities Growth +4.12% +3.38% +4.96% +2.09% +1.47%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Operating Cash Flow 1,064,000 3,695,000 2,680,000 1,561,910 846,440
Operating Cash Flow Growth -71.20% +37.87% +71.58% +84.53% -77.92%
Net Cash Flow 212,000 -42,000 238,000 675,190 337,360
Change in Net Cash Flow +604.76% -117.65% -64.75% +100.14% -47.22%
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