Net investment income edged down 1.69% to USD 523 million, pressured by lower alternative investment returns.
CEO Jim Williamson flagged rate and terms outperformance at mid-year renewals; share repurchases remained a top capital priority after USD 395 million bought back.
Quarterly results and underwriting performance
Everest Group posted Q2 2026 net income of USD 559 million, down 17.79% from a year earlier; diluted EPS fell to USD 14.22.
Core businesses combined ratio widened 3 percentage points to 90%, with Reinsurance Treaty at 88.5% and Global Wholesale & Specialty at 95.2%.
Pre-tax underwriting income totaled USD 281 million, led by USD 283 million in Reinsurance Treaty; Legacy posted a underwriting loss.