Everest Group revises Q2 2026 profit measure definitions

The changes affect return-on-equity and per-share measures, insurance ratios, Legacy reserves, and premium reporting by business line.

Rhea-AI Filing Summary

Everest Group, Ltd. (EG) published an unaudited recast second-quarter 2026 financial supplement covering prior-period data from the second quarter of 2025 through the second quarter of 2026.

The supplement refines the definitions of After-tax net operating income (loss) and underwriting income (loss), changing the presentation of After-tax NOI return on equity, After-tax NOI per diluted share, the loss ratio and the combined ratio. The underwriting-income definition adjusts for prior-year favorable or unfavorable reserve development on reserves subject to the adverse development cover (ADC), and the related amortization of the deferred gain from prior-year incurred losses and loss adjustment expenses. The supplement also introduces a Legacy-segment measure for net reserves for losses and loss adjustment expenses before the impact of ADC performance, and revises Global Wholesale & Specialty gross written premium presentation by line of business.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Key Terms

After-tax net operating income (loss), adverse development cover, loss adjustment expenses, combined ratio, +1 more

5 terms

After-tax net operating income (loss) financial

"definition of after-tax net operating income (loss)"

adverse development cover financial

"reserves subject to the adverse development cover (ADC)"

Adverse development cover is a form of insurance for insurers that kicks in when past claims or loss estimates turn out to be larger than originally reserved, paying the excess amount above those reserves. For investors, it matters because it reduces the chance of sudden, unexpected hits to an insurer’s reported profits and capital—like a contingency fund or backup loan that limits the financial shock if earlier cost estimates prove too low.

loss adjustment expenses financial

"incurred losses and loss adjustment expenses"

Costs an insurance company incurs to investigate, process, defend and settle claims — for example, fees for claims adjusters, legal defense, and settlement negotiations. These expenses act like the labor and admin needed to handle a warranty repair: they don’t pay the claim itself but add to the total cost of claims, so rising loss adjustment expenses reduce insurers’ profits and signal how efficiently future claims are likely to be handled.

combined ratio financial

"presentation of the loss ratio and combined ratio"

The combined ratio is a way insurance companies measure how well they are doing by adding up all their costs and claims and comparing them to the money they earn from premiums. If the ratio is below 100%, it means the company is making a profit; if it's above 100%, they are losing money. It helps see if an insurance company is financially healthy or not.

gross written premium financial

"gross written premium by line of business results"

Gross written premium is the total value of insurance policies a company has sold during a period, measured before any cancellations, refunds or transfers to other insurers are taken out. Think of it as the company’s topline sales number for insurance, like a store reporting total receipts before returns — it shows scale and sales momentum and helps investors gauge growth, market share and potential exposure to claims.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/19/2026 - 04:18 PM EDT Accepted by SEC EDGAR 10/19/2026 - 04:18 PM EDT Learn about SEC filing dates

FALSE000109507300010950732026-10-192026-10-19

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

October 19, 2026

Everest Group, Ltd.

(Exact name of registrant as specified in its charter)

Bermuda			1-15731			98-0365432
(State or other jurisdiction			(Commission			(IRS Employer
of incorporation)			File Number)			Identification No.)
Seon Place – 4th Floor 141 Front Street PO Box HM 845 Hamilton, Bermuda						HM 19
(Address of principal executive offices)						(Zip Code)

Registrant’s telephone number, including area code 441-295-0006

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Class

Trading Symbol(s)

Name of Exchange where registered

Common Shares, $0.01 par value

EG

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 12(a) of the Exchange Act. ☐

ITEM 7.01    REGULATION FD DISCLOSURE

On October 19, 2026, Everest Group, Ltd. (the “Company”) published a recast quarterly financial supplement for the second quarter of 2026 on the Company's investor relations website containing prior period data for the second quarter of 2025 through the second quarter of 2026.

The following changes to the quarterly financial supplement have been made:

•Refined the definition of after-tax net operating income (loss) ("After-tax NOI"), resulting in a change to the presentation of the After-tax NOI return on equity and the After-tax NOI per diluted share;

•Refined the definition of underwriting income (loss) to adjust for prior year favorable (unfavorable) reserve development on reserves subject to the adverse development cover ("ADC") and the related amortization of the deferred gain from the prior year incurred losses and loss adjustment expenses to better align with refinement made to After-tax NOI, resulting in a change to the presentation of the loss ratio and combined ratio;

•Introduced Net Reserve for losses and loss adjustment expenses before impact of ADC performance measure for the Legacy reporting segment; and

•Revised the presentation of Global Wholesale & Specialty reporting segment gross written premium by line of business results.

The second quarter 2026 recast financial supplement is unaudited. The above information is being furnished under Item 7.01, “Regulation FD Disclosure.” This information shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that Section.

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: October 19, 2026

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 13.3 KB