EVEREST RE GROUP, LTD. RE Income Statement

Everest re group, ltd. (RE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
REVENUES:
Premiums earned
2,036	1,948	1,905	1,817	1,732	1,850	1,731	1,729	1,619	1,657	1,598	1,369	1,312	1,441	1,371	1,288	1,218	1,372	1,362	1,285	1,272	1,236	1,389	1,272	1,144	1,287	1,225	1,151	1,088	1,119	1,009	1,037	997	1,005	1,044	1,039	1,011	1,020	997	989	927	975	956
Net investment income
147	146	181	179	140	140	161	141	138	149	136	134	122	115	122	132	102	110	115	124	122	133	142	131	123	126	127	148	145	146	152	149	152	126	156	158	178	184	141	165	161	165	167
Net realized capital gains (losses):
Debt Securities, Available-for-sale, Realized Gain (Loss), Excluding Other-than-temporary Impairment
-21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary impairments on fixed maturity securities
-	15	7	-5	2	5	3	-0	0	1	1	2	1	0	0	1	28	39	20	16	26	-	0	0	-	0	0	0	0	0	3	0	5	0	1	0	14	-	2	-	-	-	4
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income
-	-	-	0	-	-	-	0	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other net realized capital gains (losses)
-188	80	-5	35	95	-169	58	16	-24	35	43	27	53	34	1	34	-45	50	-139	-7	15	52	-9	59	21	95	44	33	126	19	66	-16	104	137	-136	-4	26	32	41	-41	72	31	28
Net realized capital (gains) losses
-210	75	-12	30	92	-172	54	15	-24	33	41	25	52	34	0	32	-74	10	-159	-24	-10	13	-9	59	21	94	44	33	126	19	62	-16	98	137	-137	-4	12	32	38	-41	72	31	23
Net derivative gain (loss)
-15	2	-0	0	3	-4	2	2	0	3	2	0	2	13	6	1	-3	11	-11	6	-0	-15	1	3	-1	11	5	12	15	-0	0	-16	6	8	-23	-3	7	18	-0	-22	3	-2	21
Other income (expense)
23	31	-31	-7	-3	-26	-13	3	12	37	-54	0	-4	10	9	-28	-2	112	25	2	-51	26	-11	13	3	-8	2	-8	8	12	5	-27	6	-8	14	13	3	-2	-1	-7	-5	13	-2
Realized gain on debt repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Revenues
1,982	2,203	2,042	2,018	1,965	1,786	1,936	1,892	1,745	1,881	1,725	1,530	1,484	1,613	1,510	1,427	1,242	1,518	1,332	1,390	1,435	1,406	1,535	1,452	1,283	1,517	1,401	1,354	1,367	1,272	1,218	1,182	1,249	1,285	1,024	1,176	1,206	1,258	1,178	1,099	1,169	1,156	1,171
CLAIMS AND EXPENSES:
Incurred losses and loss adjustment expenses
1,430	1,407	1,371	1,094	1,048	2,001	1,251	1,341	1,057	680	2,210	861	770	794	786	857	700	699	871	778	715	683	837	735	619	725	770	711	592	931	603	607	602	1,019	720	735	1,249	720	674	643	906	587	566
Commission, brokerage, taxes and fees
448	450	443	420	389	396	381	383	357	388	333	299	282	308	309	295	275	314	295	290	283	300	290	283	246	253	248	242	233	228	221	265	237	248	227	237	236	245	237	236	212	229	229
Other underwriting expenses
128	118	118	104	98	84	97	93	96	90	73	78	75	79	78	72	72	68	67	61	58	60	63	58	50	69	59	54	52	53	55	49	48	42	49	45	44	41	44	41	38	44	40
Corporate expenses
9	10	8	7	6	7	7	6	8	4	5	6	8	5	6	7	7	5	5	5	5	4	9	3	4	8	4	6	5	7	5	6	4	4	4	3	3	2	3	3	4	4	4
Interest Fee And Bond Issue Cost Amortization Expense 1
7	-	7	8	7	-	7	7	7	-	7	8	8	9	8	9	9	9	8	9	8	9	12	8	7	7	7	17	13	13	13	13	13	13	13	13	12	13	13	13	16	17	17
Benefits, Losses and Expenses
2,025	1,995	1,949	1,636	1,551	2,496	1,746	1,832	1,527	1,171	2,629	1,255	1,146	1,198	1,189	1,241	1,064	1,098	1,249	1,145	1,071	1,059	1,213	1,090	928	1,065	1,090	1,032	897	1,234	899	942	906	1,328	1,015	1,035	1,548	1,022	973	939	1,179	882	858
(LOSS) INCOME BEFORE TAXES
-43	208	93	382	414	-710	189	60	217	709	-904	275	338	415	320	186	177	420	82	244	364	347	322	361	355	452	310	322	469	38	319	239	342	-42	9	140	-341	236	204	160	-9	273	312
Income tax expense
-60	1	-11	39	59	-320	-8	-9	7	124	-264	29	46	42	25	30	5	63	-6	35	41	49	20	63	53	85	72	46	85	-20	68	24	38	-83	-53	9	-25	-66	30	3	12	45	40
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
16	207	104	342	354	-389	198	69	210	584	-639	245	291	373	295	155	171	-	-	-	-	297	301	297	302	366	238	275	384	-	250	-	-	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	7	8	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	209	322	-	274	290	293	364	234	275	384	58	250	214	304	41	63	131	-315	302	174	156	-22	228	272
Other comprehensive income (loss), net of tax :
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax
-279	-28	93	197	233	-0	-22	-41	-190	-83	-5	4	19	-200	-9	124	142	-129	-91	-136	83	-64	-74	85	53	-55	-20	-272	-46	-28	116	5	80	38	-14	108	-40	-	-	-	-	-	-
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax
-31	8	0	1	1	-34	-1	-0	8	-9	5	8	2	12	3	1	-32	-34	-24	-12	-22	-23	5	-2	-1	7	1	1	-4	25	1	-7	0	-10	-20	3	16	-	-	-	-	-	-
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax
-247	-36	93	195	231	33	-20	-41	-199	-73	-11	-4	17	-213	-12	122	175	-95	-66	-123	105	-41	-79	88	55	-54	-22	-274	-50	-42	118	-2	80	27	-34	111	-24	-	-	-	-	-	-
Other Comprehensive Income, Foreign Currency Transaction and Translation Adjustment, Net of Tax
-50	29	-3	-25	14	-24	-5	-63	17	-3	77	35	11	-72	2	5	9	-31	-32	54	-102	-57	-34	-0	-2	13	-5	13	-21	-4	36	-24	15	-32	-23	10	28	-	-	-	-	-	-
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	0	-5	0	0	0	39	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, Net of Tax
-0	-1	-1	-1	-1	0	-1	-1	-1	-0	-1	-2	-2	-1	-1	-1	-1	-1	-1	-1	-1	-0	-0	-0	-0	-4	-1	-1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Comprehensive Income, Defined Benefit Plans Adjustment, Net of Tax
-0	10	-1	-1	-1	0	-1	-1	-1	-1	-1	-2	-2	6	-1	-1	-1	-7	-1	-1	-1	38	-0	-0	-0	-19	-1	-1	-1	10	-1	-0	-0	-	-0	-0	-	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
-297	-18	91	171	246	7	-24	-103	-179	-75	67	33	31	-292	-8	129	186	-119	-97	-67	4	-137	-113	88	53	-22	-26	-259	-70	-56	155	-26	97	-35	-57	123	5	-227	192	65	28	376	308
Other comprehensive (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive income (loss), net of tax attributable to Everest Re Group
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-113	88	53	-22	-26	-259	-70	-	155	-	-	-	-	-	-	-	-	-	-	-	-
Pension adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Comprehensive Income, Net of Tax, Attributable to Parent
-281	189	195	514	600	-381	173	-33	30	509	-571	279	322	80	287	284	358	237	-8	141	327	203	161	378	347	342	207	16	313	2	406	188	401	5	5	254	-310	75	366	222	6	605	580
Earnings Per Common Share [Abstract]
Earnings Per Share, Basic
0.41	5.09	2.56	8.42	8.70	-9.54	4.87	1.71	5.14	14.40	-15.73	5.98	7.12	9.01	7.11	3.70	4.03	8.29	2.02	4.72	7.26	7.53	6.05	6.32	6.26	7.66	4.85	5.60	7.56	1.21	4.84	4.10	5.70	0.74	1.16	2.42	-5.81	5.29	3.12	2.70	-0.38	3.76	4.44
Earnings Per Share, Diluted
0.41	5.08	2.56	8.39	8.67	-9.48	4.84	1.70	5.11	14.41	-15.73	5.95	7.07	8.95	7.06	3.67	4.00	8.23	2.00	4.68	7.19	7.44	6.00	6.26	6.21	7.57	4.81	5.56	7.50	1.21	4.82	4.08	5.68	0.75	1.16	2.41	-5.81	5.27	3.11	2.70	-0.38	3.75	4.43
Dividends declared
-	-	-	-	-	-	-	-	-	-	-	1.25	1.25	-	1.15	1.15	1.15	1.15	0.95	0.95	0.95	0.95	0.75	0.75	0.75	0.75	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48