Earnings ·
Everest Group, Ltd. reported second quarter 2026 financial results on July 29, 2026
EGEverest Group, Ltd.
Everest Group, Ltd. reported second quarter 2026 financial results on July 29, 2026. The company posted net income of $559 million, or $14.22 per diluted share, compared to $680 million in the prior year period. Net operating income was $585 million, or $14.85 per diluted share. Gross written premiums for core businesses decreased 7.1% to $3.7 billion on a comparable basis. The combined ratio for core businesses was 90.0%, while the group-wide combined ratio stood at 92.0%. Pre-tax underwriting income totaled $281 million, driven by $283 million from Reinsurance Treaty and $34 million from Global Wholesale & Specialty, partially offset by a $36 million loss in Legacy operations. The company repurchased $395 million of common shares during the quarter and paid dividends totaling $78 million.