Everest re group, ltd. (RE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,009

89

482

996

977

1,199

1,265

828

-80

610

806

-18

Adjustments to reconcile net income to net cash provided by operating activities:
Decrease (increase) in premiums receivable

62

382

350

15

98

-48

217

153

235

-132

52

36

Increase in funds held by reinsureds, net

56

153

33

-22

43

1

-0

-42

-18

-1

25

-26

Decrease (increase) in reinsurance receivables

-67

511

238

202

265

210

-118

55

-97

62

-54

-82

Increase (Decrease) in Income Taxes Receivable

-237

265

114

-54

36

-31

-213

-38

-82

9

-

-

Decrease (increase) in deferred tax asset

-

-

-

-

-

-

-

-

194

-22

-147

110

Increase (Decrease) in Prepaid Reinsurance Premiums

95

65

86

32

21

78

12

-16

-46

25

24

-

Increase (decrease) in reserve for losses and loss adjustment expenses

402

1,377

1,376

545

394

195

374

169

-826

-420

66

-220

Decrease in future policy benefit reserve

-4

-4

-4

-3

-0

0

-6

-1

4

-1

-1

-12

Increase (decrease) in unearned premiums

521

542

401

-22

-96

161

261

-98

-39

36

64

-199

Increase (Decrease) in Reinsurance Payables

66

12

10

26

43

28

-45

100

4

-4

-

-

Increase Decrease In Losses In Course Of Payment

-33

123

-105

-45

-43

-174

142

173

18

-41

-

-

Change In Equity Adjustments In Limited Partnerships

108

102

82

37

12

39

45

63

-

-

-

-

Change in equity adjustments in limited partnerships

-

-

-

-

-

-

-

-

56

71

-20

100

Reimbursement from Limited Partnership Investment

81

84

50

62

53

51

56

30

58

-

-

-

Change in other assets and liabilities, net

54

322

66

45

-2

142

57

-76

-108

47

109

28

Non-cash compensation expense

34

32

30

26

21

21

31

31

17

14

13

16

Amortization of bond premium

30

29

45

49

50

49

66

61

47

46

32

15

Amortization of underwriting discount on senior notes

-

-

-

-

-

0

0

0

0

0

0

0

Realized gain on debt repurchase

-

-

-

-

-

-

-

-

-

-

78

-

Net realized capital (gains) losses

185

-127

153

-7

-184

84

300

164

6

101

-2

-695

Net cash provided by operating activities

1,852

610

1,162

1,383

1,108

1,054

1,098

694

717

918

784

662

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from fixed maturities matured/called - available for sale, at market value

-

-

-

-

-

2,142

2,415

1,830

1,702

1,717

-

-

Proceeds From Securities Matured Called Available For Sale Fixed Maturities At Fair Value

2,302

1,973

2,160

1,919

2,144

0

7

1

12

-

1,203

968

The cash inflow associated with the sale of debt securities classified as available-for-sale securities, held at market value.

3,280

3,148

2,401

1,258

1,724

1,811

1,092

913

1,732

1,632

311

279

Proceeds From Sale Of Available For Sale Securities Debt

2

1

-

5

1

36

21

84

65

20

14

-

Proceeds From Sale Of Available-For-Sale Securities, Equity, Market Value

-

-

19

6

28

16

46

280

27

3

24

-

Proceeds From Securities Sold Available For Sale Equity Securities At Fair Value

283

1,199

631

723

614

584

705

558

247

234

43

1,439

Distributions from other invested assets

284

3,102

5,579

4,823

57

115

100

53

108

79

182

121

Proceeds from sale of subsidiary (net of cash disposed)

-

-

-

47

3

-

-

-

-

-

-

-

Proceeds from fixed maturities matured/called - available for sale, at fair value

-

-

-

-

-

-

-

-

-

-

15

1

The cash outflow to acquire debt securities classified as available-for-sale securities, because they are not classified as either held-to-maturity securities or trading securities, held at market value.

6,613

5,909

5,131

4,061

4,718

4,672

3,543

3,328

3,238

2,766

3,051

2,691

Payments For Securities Acquired Available For Sale Fixed Maturities At Fair Value

4

4

-

3

2

24

6

7

27

134

27

43

Payments To Acquire Available-For-Sale Securities, Equity, Market Value

-

-

22

12

10

18

59

26

127

353

-

1

Payments For Securities Acquired Available For Sale Equity Securities At Fair Value

329

921

438

346

556

446

621

426

755

514

265

532

Payments to Acquire Interest In Subsidiaries and Affiliates

425

3,370

5,829

5,396

286

224

21

58

64

66

62

247

Cost of businesses acquired

-

-

-

-

-

-

-

-

63

-

-

-

Net change in short-term securities

167

-455

73

-368

-341

76

357

175

-100

110

-1,228

-311

Net change in unsettled securities transactions

26

-46

30

-9

22

4

2

-35

-13

13

-10

-3

Net cash used in investing activities

-1,412

-279

-732

-657

-681

-758

-224

-264

-266

-270

-372

-390

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments for Shares Issued for Share-Based Compensation, Net of Expense

3

8

5

-

-

-

-

-

-

-

-

-

Common shares issued during the period for share-based compensation, net of expense

-

-

-

10

13

17

51

21

12

3

7

2

Purchase of treasury shares

24

75

50

386

400

500

621

289

92

398

190

150

Proceeds from issuance of senior notes

-

-

-

-

-

400

-

-

-

-

-

-

Third party investment in redeemable noncontrolling interest

-

-

-

-

-

-

87

-

-

-

-

-

Subscription advances for third party redeemable noncontrolling interest

-

-

-

-

-

-

143

-

-

-

-

-

Payments of Dividends, Common Stock

234

216

207

195

175

145

106

100

-

-

-

-

Net cost of junior subordinated debt securities redemption

-

-

-

-

-

-

329

-

-

-

-

-

Net cost of debt repurchase

-

-

-

-

-

-

-

-

-

-

83

-

Net cost of senior notes maturing

-

-

-

-

-

250

-

-

-

200

-

-

Revolving credit borrowings

-

-

-

-

-

-

-

-

-50

50

-

-

Payments Related to Tax Withholding for Share-based Compensation

13

16

12

10

11

-

-

-

-

-

-

-

Dividends paid to shareholders

-

-

-

-

-

-

-

-

103

108

116

118

Net cash used in financing activities

-275

-316

-275

-581

-573

-478

-776

-368

-234

-653

-383

-266

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-11

7

-1

54

-7

8

-23

27

-26

16

12

-50

Net (decrease) increase in cash

151

21

153

198

-153

-173

74

88

190

10

41

-44

SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid (recovered)

-148

-65

164

42

164

153

69

59

-44

-30

111

10

InterestPaidNet

31

30

35

36

35

39

38

53

51

60

72

78

Cash Flow Noncash Investing And Financing Activities Disclosure [Abstract]
Fixed Maturities, Available-for-Sale, at Market Value

-

143

-

-

-

-

-

-

-

-

-

-

Non-Cash Transactions, Short-Term Investments

-

243

-

-

-

-

-

-

-

-

-

-

Non-Cash Investments, Other Invested Assets

-

-387

-

-

-

-

-

-

-

-

-

-

Conversion of equity securities - available for sale, at market value, to fixed maturity securities - available for sale, at market value, including accrued interest at time of conversion

-

-

-

-

-

-

-

92

-

-

-

-