EVEREST NATIONAL INSURANCE CO.

What EVEREST NATIONAL INSURANCE CO. does

Everest National Insurance Co. is the U.S. insurance operating subsidiary of Everest Group, Ltd. (NYSE: EG), a Bermuda-domiciled global underwriting group founded in 1973. The company provides property, casualty, accident & health, specialty, and program-based insurance coverage to large corporations, institutions, and ceding insurers across more than 115 countries and six continents, supported by offices in Basking Ridge (New Jersey), New York, Toronto, Bermuda, London, and other major financial centers.

Its core products are organized along two platforms: Insurance (Accident & Health, Specialty Lines, Programs, and Claims services) and Reinsurance (Treaty Property, Treaty Casualty, Facultative Property and Casualty, Structured Solutions, Surety and Credit, Marine and Aviation, Property Hybrid Solutions, and Accident & Health). Everest also operates Mt. Logan Capital Management, which provides third-party capital management services for institutional investors seeking reinsurance-linked investment exposure. The company positions itself as one of the world's largest reinsurers, with a 50-year track record of disciplined underwriting and capital management.

The business model is built on underwriting risk transfer: collecting insurance and reinsurance premiums (upfront or over policy terms) from enterprise clients and ceding insurers, complemented by fee-based revenue from third-party capital management. Distribution is conducted through direct field sales via global operating affiliates and through broker relationships standard in commercial insurance markets. Revenue concentration is split between two primary customer segments — large commercial enterprises buying insurance and primary insurers ceding risk through treaty and facultative arrangements — with specialty market segments as a secondary vertical.

Name

EVEREST NATIONAL INSURANCE CO.

Legal name

Everest Group, Ltd.

Website

https://everestnational.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Everest National Insurance Co. is the U.S. insurance subsidiary of Everest Group, Ltd. (NYSE: EG), providing property, casualty, specialty, accident & health, and reinsurance solutions to enterprise clients and ceding insurers across 115+ countries, supported by Mt. Logan Capital Management.

Ownership category

akta.pro rank

Product category

Commercial Insurance and Reinsurance

NAICS

Insurance Carriers (5241), Direct Property and Casualty Insurance Carriers (524126), Reinsurance Carriers (52413), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321), Surety Insurance (6351), Insurance Carriers, Nec (6399)

akta.pro primary industry

Casualty Treaty Reinsurance (FSAOAEAD)

akta.pro secondary industries

Health & Accident Treaty Reinsurance (FSAOAEAB), Facultative Accident & Health (A&H) Reinsurance (FSAOAFAI)

Keywords

• Commercial insurance
• Global reinsurance
• Property and casualty
• Specialty lines coverage
• Third-party capital management

Headquarters

HQ city

Bermuda

HQ country

Bermuda

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums: Everest generates revenue through insurance premiums collected from commercial and specialty insurance policies covering property, casualty, accident and health, and specialty lines. Premiums are collected upfront or over policy terms, providing predictable revenue streams from risk transfer arrangements with enterprise clients.
2. Reinsurance Premiums: As one of the world's largest reinsurers, Everest earns reinsurance premiums from ceding insurers who transfer portions of their risk portfolios. This includes treaty reinsurance (automatically applied to classes of business) and facultative reinsurance (case-by-case risk acceptance) across property, casualty, surety, credit, marine, aviation, and structured solutions.
3. Third-Party Capital Management: Through Mt. Logan Capital Management, Everest manages third-party capital, earning management fees and performance-based compensation from institutional investors seeking reinsurance-linked investment returns.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Everest National Insurance Co. provides commercial insurance and reinsurance solutions across property, casualty, accident and health, specialty lines, surety and credit, marine and aviation, and structured solutions to enterprise clients and ceding insurers globally. It also manages third-party institutional capital through its Mt. Logan Capital Management platform, offering reinsurance-linked investment access.

Product overview

Everest is a global underwriting leader providing a unified platform of insurance and reinsurance solutions. The core offerings consist of Insurance (encompassing Accident and Health, Specialty Lines, Programs, and Claims services) and Reinsurance (including Treaty Property, Treaty Casualty, Facultative Property, Facultative Casualty, Structured Solutions, Surety and Credit, Marine and Aviation, Property Hybrid Solutions, and Accident and Health), supported by Third-Party Capital management through Mt. Logan Capital Management. The company serves customers in more than 115 countries across 6 continents with property, casualty, and specialty coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Mt. Logan Capital ManagementcoreStrategic or Co-development PartnerMt. Logan Capital Management operates as Everest's third-party capital platform, enabling institutional investors to access reinsurance-linked investment opportunities. This strategic capability allows Everest to diversify its capital sources while providing third-party investors access to returns correlated with reinsurance market performance.

Scale indicators4 records

Direct peers

• Arch Capital Group: Arch Capital Group is a specialty insurer and reinsurer with P&C, mortgage, and reinsurance operations. Comparable to Everest in specialty underwriting emphasis and combined insurance/reinsurance platform serving enterprise clients.
• RenaissanceRe: RenaissanceRe is a specialty reinsurer focused on catastrophe, property, and specialty lines with a third-party capital management platform (DaVinciRe). Directly comparable to Everest's specialty reinsurance emphasis and Mt. Logan capital management business.
• Swiss Re: Swiss Re is a leading global reinsurer with parallel P&C, life/health, and specialty reinsurance franchises plus corporate insurance solutions. Comparable to Everest in scale, product breadth, and direct enterprise field-sales distribution model across geographies.
• Hannover Re: Hannover Re is one of the world's largest reinsurers competing directly with Everest in treaty property, casualty, and specialty reinsurance globally. Closely aligned business model as a multi-line reinsurance carrier serving primary insurers and brokers.
• Markel Group: Markel is a specialty insurer with significant reinsurance operations and a long-term investment-oriented underwriting culture. Comparable to Everest in specialty focus, multi-line platform, and emphasis on disciplined underwriting over 50+ year horizons.
• PartnerRe: PartnerRe is a global multi-line reinsurer offering property, casualty, specialty, and life/health reinsurance solutions. Direct peer to Everest with comparable specialty focus, treaty and facultative capabilities, and enterprise client base.
• Munich Re: Munich Re is one of the world's largest reinsurers offering treaty and facultative reinsurance across property, casualty, specialty, and life/health lines globally. Directly comparable to Everest as a multi-line global reinsurance leader serving primary insurers in 100+ markets.
• SCOR: SCOR is a global multi-line reinsurer providing treaty and facultative reinsurance in P&C and life/health, with significant specialty exposure. Direct peer to Everest in business mix, distribution model, and global operating footprint.

Broad incumbents

• Lloyd's of London: Lloyd's is a global specialty insurance and reinsurance marketplace writing property, casualty, marine, aviation, and specialty lines through syndicates. Comparable to Everest's specialty and reinsurance breadth though distributed through a unique syndicate marketplace structure.
• Berkshire Hathaway Reinsurance Group: Berkshire Hathaway Reinsurance Group is a major reinsurance arm of Berkshire Hathaway writing large P&C and specialty reinsurance risks. Comparable to Everest in treaty reinsurance scale but operates as part of a much larger diversified conglomerate.

Market position

Strengths5 records

Weaknesses5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/everest-national-insurance-co.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EVEREST NATIONAL INSURANCE CO.