EVEREST GROUP, LTD.

Everest is a Bermuda-based reinsurance and insurance organization that underwrites reinsurance and insurance in the U.S., Bermuda, and other international markets. As part of the S&P 500 Index, the company serves clients worldwide through direct and indirect subsidiaries operating in the U.S. and internationally. At December 31, 2025, Everest had shareholders' equity of $15.5 billion and total assets of $62.5 billion. The company's principal business is conducted through its Reinsurance and Insurance reportable segments. Its global network spans more than 100 countries across six continents. In 2025, Everest had gross written premiums of $17.7 billion, with approximately 72.4% from Reinsurance, 27.1% from Insurance, and the remaining 0.5% from its "Other" operating segment. The company underwrites reinsurance through brokers and directly with ceding companies. Insurance is underwritten principally through brokers, including for surplus lines, and general agent relationships. Everest's active operating subsidiaries are each rated A+ ("Superior") by A.M. Best. On October 26, 2025, the company agreed to sell the renewal rights for certain commercial retail insurance business lines in the U.S., U.K., and Asia Pacific to American International Group, Inc. (AIG) for an aggregate purchase price of $252 million. AIG paid Everest $30 million for originating and structuring the transaction.