Everest Group, Ltd. Files 8-K on Financials

TL;DR

Everest Group dropped an 8-K on 7/31 detailing financials. Check it out.

AI Summary

Everest Group, Ltd. filed an 8-K on July 31, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, with the report date and date of change both being July 31, 2024. The company is incorporated in Bermuda and its principal executive offices are located in Hamilton.

Why It Matters

This 8-K filing provides an update on Everest Group's financial performance and condition, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial reporting filing (8-K) and does not indicate any unusual or immediate risks.

Key Numbers

• 1-15731 — SEC File Number (Identifies the company's filing with the SEC.)
• 98-0365432 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Everest Group, Ltd. (company) — Registrant
• July 31, 2024 (date) — Date of earliest event reported
• Bermuda (location) — State or other jurisdiction of incorporation
• Hamilton (location) — City of principal executive offices

FAQ

Key Financial Figures

• $0.01 — change where registered Common Shares, $0.01 par value EG New York Stock Exchange

Filing Documents

• everestre-20240731.htm (8-K) — 30KB
• earningsrelease-exx991q220.htm (EX-99.1) — 310KB
• everestlogo7102023cropped.jpg (GRAPHIC) — 69KB
• 0001095073-24-000032.txt ( ) — 580KB
• everestre-20240731.xsd (EX-101.SCH) — 2KB
• everestre-20240731_lab.xml (EX-101.LAB) — 23KB
• everestre-20240731_pre.xml (EX-101.PRE) — 13KB
• everestre-20240731_htm.xml (XML) — 3KB

02 DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02 DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION On July 31, 2024, the registrant issued a news release announcing its second quarter 2024 results. A copy of that news release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The news release furnished herewith contains information regarding the registrant's operating income (loss). Operating income (loss) differs from net income (loss) attributable to Everest Group, Ltd., the most directly comparable generally accepted accounting principle financial measure, by the exclusion of net gains (losses) on investments and net foreign exchange income (expense). Management believes that presentation of operating income (loss) provides useful information to investors because it more accurately measures and predicts the registrant's results of operations by removing the variability arising from both the management of the registrant's investment portfolio and the fluctuations of foreign currency exchange rates. In addition, management, analysts and investors use operating income (loss) to evaluate the financial performance of the registrant and the insurance industry in general. In accordance with general instruction B.2 of Form 8-K, the information in this report, including exhibits, is furnished pursuant to Item 2.02 and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits Exhibit No. Description 99.1 News Release of the registrant, dated July 31, 2024

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EVEREST GROUP, LTD. By: /S/ ROBERT J. FREILING Robert J. Freiling Senior Vice President and Chief Accounting Officer Dated: July 31, 2024 EXHIBIT INDEX Exhibit Number Description of Document Page No. 99.1 News Release of registrant, dated July 31 , 202 4 5 104 Cover Page Interactive Data File (embedded within the Inline XBRL document

View Full Filing

View this 8-K filing on SEC EDGAR