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Everest Posts $559m Net Income as GWP Falls 7.1% in Q2'26

Everest said higher catastrophe losses and weaker reinsurance pricing cut core premiums as it kept share repurchases a top capital priority.

Summary by ReinsuranceNe.ws
Bermuda-based re/insurer Everest Group, Ltd. recorded net income of $559 million in the second quarter of 2026, while gross written premium (GWP) from its Core businesses decreased by 7.1% year-on-year to $3.7 billion, driven by a 9.1% decrease in its Reinsurance Treaty arm. Net income of $559 million is down on last year’s $680 million, as net operating income fell to $585 million from $734 million, while pre-tax underwriting income hit $281 mi…

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Everest Group broke the news on Wednesday, July 29, 2026.
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