For the quarter ending 2025-09-30, EG had -$362M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income (loss) | 255 | 680 | 210 | -593 |
| Decrease (increase) in premiums receivable | -245 | 507 | 155 | 186 |
| Decrease (increase) in funds held by reinsureds, net | -36 | 44 | 35 | -18 |
| Decrease (increase) in reinsurance recoverables | 465 | -447 | 248 | 979 |
| Decrease (increase) in income taxes | 72 | -117 | -35 | 212 |
| Decrease (increase) in prepaid reinsurance premiums | 8 | -14 | -71 | 31 |
| Increase (decrease) in reserve for losses and loss adjustment expenses | 1,398 | 345 | 1,343 | 3,007 |
| Increase (decrease) in unearned premiums | -111 | 215 | -152 | 42 |
| Increase (decrease) in amounts due to reinsurers | 201 | -7 | 19 | -143 |
| Increase (decrease) in losses in course of payment | -35 | -17 | 29 | -11 |
| Change in equity adjustments in limited partnerships | 102 | 93 | 47 | 25 |
| Distribution of limited partnership income | 54 | 52 | 22 | 57 |
| Change in other assets and liabilities, net | -45 | 118 | 131 | 55 |
| Non-cash compensation expense | 17 | 20 | 6 | 14 |
| Amortization of bond premium (accrual of bond discount) | -44 | -32 | -46 | -54 |
| Net (gains) losses on investments | -47 | -5 | -7 | 69 |
| Net cash provided by (used in) operating activities | 1,459 | 1,079 | 928 | 780 |
| Proceeds from fixed maturities matured/called/repaid - available for sale | 1,247 | 1,044 | 1,085 | 1,091 |
| Proceeds from fixed maturities sold - available for sale | 653 | 153 | 127 | 1,935 |
| Proceeds from fixed maturities matured/called/repaid - held to maturity | 51 | 50 | 55 | 28 |
| Proceeds from fixed maturities sold - held to maturity | 0 | 0 | 10 | - |
| Proceeds from equity securities sold | 1 | 4 | 50 | 22 |
| Distributions from other invested assets | 43 | 91 | 132 | 120 |
| Cost of fixed maturities acquired - available for sale | 2,254 | 2,117 | 3,650 | 2,494 |
| Cost of fixed maturities acquired - held to maturity | 2 | 2 | 2 | 3 |
| Cost of equity securities acquired | 0 | 2 | 0 | 15 |
| Cost of other invested assets acquired | 103 | 200 | 103 | 498 |
| Net change in short-term investments | 1,354 | -495 | -1,804 | 770 |
| Net change in unsettled securities transactions | 28 | -39 | 77 | 348 |
| Net cash provided by (used in) investing activities | -1,745 | -445 | -569 | -933 |
| Common shares issued (redeemed) during the period for share-based compensation, net of expense | 0 | 0 | 19 | 1 |
| Proceeds from public offering of common shares | - | - | - | 0 |
| Purchase of treasury shares | 0 | 200 | 200 | 0 |
| Dividends paid to shareholders | 84 | 84 | 85 | 85 |
| Proceeds from issuance of senior notes | - | - | - | 0 |
| Cost of debt repurchase | - | - | - | 0 |
| Net fhlb borrowings (repayments) | - | - | - | 200 |
| Cost of shares withheld on settlements of share-based compensation awards | 0 | 1 | 19 | 2 |
| Net cash provided by (used in) financing activities | -85 | -284 | -324 | 112 |
| Effect of exchange rate changes on cash | 8 | -14 | -18 | -9 |
| Net increase (decrease) in cash | -362 | 335 | 17 | -50 |
| Cash and cash equivalents at beginning of period | 1,902 | 1,567 | 1,549 | 1,599 |
| Cash and cash equivalents at end of period | 1,539 | 1,902 | 1,567 | 1,549 |
EVEREST GROUP, LTD. (EG)
EVEREST GROUP, LTD. (EG)