EG · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
EVEREST GROUP, LTD. · 2026-10-30 · Importance 54 · Surprise 40 · No source text
For the nine months ended September 30, 2026, total revenues fell 10.2% to $11.742 billion, while premiums earned decreased 12.6% to $10.220 billion. Gross written premiums declined 17.3% to $11.116 billion, driven mainly by a $1.7 billion (85.0%) decline in Legacy and a $643 million (7.4%) decline in Reinsurance Treaty; Global Wholesale & Specialty grew $53 million (2.0%). Net written premiums fell 20.8% to $9.192 billion, with decreases of $1.3 billion in Legacy and $1.1 billion in Reinsurance Treaty. Reinsurance Treaty premiums earned decreased 9.2% to $7.158 billion, Global Wholesale & Specialty decreased 2.9% to $2.133 billion, and Legacy decreased 42.5%.
Key facts
- Third-quarter gross written premiums decreased $511 million, or 86.7%, in Legacy, decreased $152 million, or 5.3%, in Reinsurance Treaty, and increased $30 million, or 3.3%, in Global Wholesale & Specialty. source
- Nine-month gross written premiums decreased $1.7 billion, or 85.0%, in Legacy, decreased $643 million, or 7.4%, in Reinsurance Treaty, and increased $53 million, or 2.0%, in Global Wholesale & Specialty. source
- Third-quarter net written premiums decreased $387 million, or 87.1%, in Legacy; $384 million, or 15.1%, in Reinsurance Treaty; and $14 million, or 1.9%, in Global Wholesale & Specialty. source
- Nine-month net written premiums decreased $1.3 billion, or 86.1%, in Legacy; $1.1 billion, or 13.5%, in Reinsurance Treaty; and $5 million, or 0.2%, in Global Wholesale & Specialty. source
- Third-quarter premiums earned decreased $336 million, or 13.0%, in Reinsurance Treaty; $331 million, or 61.5%, in Legacy; and $32 million, or 4.3%, in Global Wholesale & Specialty. source
- Nine-month premiums earned decreased $727 million, or 9.2%, in Reinsurance Treaty; $687 million, or 42.5%, in Legacy; and $64 million, or 2.9%, in Global Wholesale & Specialty. source
- Global Wholesale & Specialty premiums earned decreased 4.3% to $705 million in the third quarter of 2026 from $737 million in 2025, and decreased 2.9% to $2.1 billion for the nine months from $2.2 billion. source
- For the nine months ended September 30, 2026, net written premiums decreased 20.8% to $9.2 billion from $11.6 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | realized | -64.6% | For the nine months ended September 30, 2026, net written premiums decreased 20.8% to $9.2 billion from $11.6 billion. |
| revenue | negative | realized | -61.9% | For the nine months ended September 30, 2026, Everest’s gross written premiums decreased 17.3% to $11.1 billion from $13.4 billion. |
| revenue | negative | realized | -40.4% | For the nine months ended September 30, 2026, premiums earned decreased 12.6% to $10.2 billion from $11.7 billion. |
| revenue | negative | realized | -19.6% | Nine-month premiums earned decreased $727 million, or 9.2%, in Reinsurance Treaty; $687 million, or 42.5%, in Legacy; and $64 million, or… |
| revenue | negative | realized | -18.5% | Nine-month premiums earned decreased $727 million, or 9.2%, in Reinsurance Treaty; $687 million, or 42.5%, in Legacy; and $64 million, or… |
| revenue | negative | realized | -17.1% | For the three months ended September 30, 2026, gross written premiums decreased 14.5% to $3.7 billion from $4.4 billion. |
| revenue | negative | realized | -1.7% | Nine-month premiums earned decreased $727 million, or 9.2%, in Reinsurance Treaty; $687 million, or 42.5%, in Legacy; and $64 million, or… |