Everest Group, Ltd. Files 8-K for Material Agreement

TL;DR

Everest Group, Ltd. signed a big deal on Oct 26th, filing an 8-K.

AI Summary

Everest Group, Ltd. filed an 8-K on October 28, 2025, reporting an entry into a material definitive agreement as of October 26, 2025. The filing also includes financial statements and exhibits. The company, previously known as Everest Re Group Ltd and Everest Reinsurance Group Ltd, is incorporated in Bermuda and operates in the Fire, Marine & Casualty Insurance sector.

Why It Matters

This filing indicates a significant new contract or deal for Everest Group, Ltd., which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: low — The filing is a standard disclosure of a material agreement and does not inherently present new risks.

Key Players & Entities

• Everest Group, Ltd. (company) — Registrant
• October 28, 2025 (date) — Filing Date
• October 26, 2025 (date) — Date of Earliest Event Reported
• Everest Re Group Ltd (company) — Former Company Name
• Everest Reinsurance Group Ltd (company) — Former Company Name
• FIRE, MARINE & CASUALTY INSURANCE (industry) — Standard Industrial Classification

FAQ

Key Financial Figures

• $0.01 — change where registered Common Shares, $0.01 par value EG New York Stock Exchange
• $252 million — ent, for an aggregate purchase price of $252 million. In addition, pursuant to the ROW Maste
• $30 million — r has agreed to pay the Everest Sellers $30 million for originating and structuring the tra
• $49 million — ion, for an aggregate purchase price of $49 million. The closing of the transaction pursuan
• $10 million — d to pay the Everest Sellers a total of $10 million per month for nine months for specified
• $70 million — premiums, which amount shall not exceed $70 million. The descriptions of the ROW Master T

Filing Documents

• everestre-20251026.htm (8-K) — 35KB
• exhibit991.htm (EX-99.1) — 7KB
• exhibit991001.jpg (GRAPHIC) — 232KB
• exhibit991002.jpg (GRAPHIC) — 219KB
• 0001095073-25-000082.txt ( ) — 789KB
• everestre-20251026.xsd (EX-101.SCH) — 2KB
• everestre-20251026_lab.xml (EX-101.LAB) — 23KB
• everestre-20251026_pre.xml (EX-101.PRE) — 13KB
• everestre-20251026_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

ITEM 1.01 Entry into a Material Definitive Agreement On October 26, 2025, Everest Group, Ltd. ("Everest") entered into a Master Transaction Agreement (the "ROW Master Transaction Agreement"), between Everest and American International Group, Inc. ("Buyer"), pursuant to which Everest agreed to cause (i) Everest International Reinsurance, Ltd., a Bermuda insurance company and a direct subsidiary of the Company ("Everest International"), to sell to Buyer the renewal rights in respect of certain lines of commercial property and casualty insurance business written by the Australia and Singapore branches of Everest International, (ii) Everest Insurance (Ireland) dac, an Irish insurance company and an indirect subsidiary of the Company ("Everest Ireland"), to sell to Buyer, the renewal rights in respect of certain lines of commercial property and casualty insurance business written by the UK branch of Everest Ireland in the United Kingdom and (iii) Everest National Insurance Company, Everest Indemnity Insurance Company, Everest Security Insurance Company, Everest Premier Insurance Company and Everest Denali Insurance Company, each a Delaware insurance company and a direct subsidiary of Everest Reinsurance Company, Everest International Assurance, Ltd., a Bermuda insurance company and a direct subsidiary of Everest Reinsurance Company and Everest Reinsurance Company, a Delaware reinsurance company and a direct subsidiary of Everest Reinsurance Holdings, Inc. (collectively, the "U.S. Business Sellers," and together with the UK branch of Everest Ireland and the Australia and Singapore branches of Everest International, the "Everest Sellers"), to sell to Buyer, the renewal rights in respect of certain lines of commercial property and casualty insurance business written by the U.S. Business Sellers through certain distribution channels, subject to certain exclusions as set forth in the Master Transaction Agreement, for an aggregate purchase price of $252 million. In addition,

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit No. Description 99.1 Press Release of the Company, dated October 27, 2025

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 Date d: October 28 , 2025 EXHIBIT INDEX Exhibit Number Description of Document 99.1 Press Release of the Company, dated October 27, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

View Full Filing

View this 8-K filing on SEC EDGAR