EG · 10-Q · 2026Q3 · Full report

Loss Reserve Balances

EVEREST GROUP, LTD. · 2026-10-30 · Importance 42 · Surprise 32 · From source text

Gross loss and LAE reserves increased to $35.3 billion at September 30, 2026, from $34.3 billion at December 31, 2025. Reinsurance Treaty accounted for $21.3 billion, or 60.3%, of gross reserves; Global Wholesale & Specialty accounted for $6.2 billion, or 17.6%; and Legacy accounted for $7.8 billion, or 22.1%. The company reported $24.991 billion of IBNR reserves and $10.297 billion of case reserves at September 30, 2026.

Key facts

• Gross loss and LAE reserves totaled $35.3 billion at September 30, 2026, versus $34.3 billion at December 31, 2025. source
• At September 30, 2026, consolidated reserves for losses and LAE were $7,790 million, unpaid reinsurance loss recoverables before ADC were $1,907 million, and net reserves before ADC were $5,882 million. source
• At September 30, 2026, Everest's gross reserves included $21.294 billion for Reinsurance Treaty, $6.205 billion for Global Wholesale & Specialty and $7.790 billion for Legacy. source
• At September 30, 2026, Legacy A&E case reserves were $147 million and A&E IBNR reserves were $29 million. source

Impact estimates