Everest Group, Ltd. Q2 2026 Results

Everest Group, Ltd. reported its second quarter 2026 financial results, with net income of $559 million, or $14.22 per diluted share, compared to $680 million, or $16.10 per diluted share, in the second quarter of 2025. Net operating income was $585 million, or $14.85 per diluted share, down from $734 million, or $17.36 per diluted share, in the prior year quarter. The company reported an annualized total shareholder return of 16.8%, with a net income ROE of 14.2% and a net operating income ROE of 14.9%. Book value per share stood at $398.83 as of June 30, 2026. Gross written premium from core businesses decreased by 7.1% year-over-year to $3.7 billion, with a combined ratio of 90.0%. The Reinsurance Treaty segment saw a 9.1% decrease in gross written premiums on a comparable basis, while the Global Wholesale & Specialty segment experienced a 1.0% decrease. The company repurchased $395 million of common shares during the quarter.