Recent Updates — EG
Everest Group reported third-quarter 2026 net income of $233 million, or $6.12 per diluted share, compared to $255 million, or $6.09 per diluted share, in the prior-year period. The company repurchased $474 million of common shares during the quarter and paid a quarterly dividend of $2.00 per share. Net investment income rose to $634 million from $540 million year-over-year. Everest Group is a global underwriting leader providing property, casualty, and specialty reinsurance and insurance solutions.
Everest Group published a recast quarterly financial supplement for the second quarter of 2026, updating prior period data from Q2 2025 through Q2 2026. The company refined the definition of after-tax net operating income (loss) to adjust the presentation of return on equity and per diluted share metrics. Additionally, underwriting income was adjusted for prior year reserve development related to the adverse development cover, altering loss ratio and combined ratio presentations. New measures include Net Reserve for losses before ADC impact for the Legacy segment, and revised gross written premium breakdowns by line of business for Global Wholesale & Specialty. The recast supplement is unaudited. Everest Group operates in the reinsurance industry.
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.