HIGHBuilt-inProduct / Revenue mix
72.4%
Reinsurance segment
“10-K Item 1: 'approximately 72.4% representing Reinsurance and 27.1% representing Insurance'”
EG · Concentration risk · 10-K extracted
Everest Group (EG) concentration risks
Updated
The most significant concentration Everest Group discloses is Reinsurance segment at 72.4%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Everest Group’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH2
MEDIUM0
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partyCounterparty
60.9%
ten largest brokers
“10-K Item 1: 'The Reinsurance segment's ten largest brokers accounted for an aggregate of approximately 60.9% of gross written premiums in 2025.'”
LOWOutside partyCounterparty
22.4%
Marsh McLennan
“10-K Item 1: 'The broker with the largest share of the company's business, Marsh McLennan, accounted for approximately 22.4% of gross written premiums.'”
LOWOutside partyCounterparty
18.7%
Aon
“10-K Item 1: 'The broker with the next-largest share, Aon, accounted for approximately 18.7% of gross written premiums.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The reinsurer's concentration profile is dominated by two intersecting exposures: a high-share tilt toward its Reinsurance segment, which represented approximately 72.4% of the business (with Insurance accounting for the remaining 27.1%), and a high-share broker dependency where the ten largest brokers accounted for approximately 60.9% of gross written premiums in 2025. Both are structural features of the reinsurance distribution model, yet the broker channel adds a dependency dimension — reinsurance business is predominantly placed by intermediaries, so any consolidation or shift in broker relationships could affect premium flow. Within the broker dependency, two names dominate: Marsh McLennan, the largest broker, accounted for approximately 22.4% of gross written premiums, and Aon, the next-largest, for approximately 18.7%. Together these two brokers represent a meaningful portion of total premiums; the low disclosed-size bands on each individual name reflect their share relative to the whole firm rather than their absolute importance within the broker channel. On balance, the reinsurance-segment weighting is the primary structural feature and is well-disclosed. The broker dependency — concentrated in two large intermediaries — is the most idiosyncratic element and the variable most worth monitoring for relationship-level changes.
For the engine’s reasoning on EG’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Insurance - Reinsurance
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| EG● | Everest Group, Ltd. | 2 | 0 | 2 | 4 |
| RNR | RenaissanceRe Holdings Ltd. | 1 | 2 | 0 | 3 |
| RGA | Reinsurance Group of America, I | 0 | 2 | 0 | 2 |
| HG | Hamilton Insurance Group, Ltd. | 0 | 1 | 0 | 1 |
| SPNT | SiriusPoint Ltd. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.