Everest Q2 2021 Earnings Report
Key Takeaways
Everest Re Group reported excellent second-quarter results with strong growth, outstanding underwriting, and investment performance. The company's net income was $680 million, with a combined ratio of 89.3%. Gross written premium grew by 35%, and net written premium increased by 39%.
Net income of $680 million, equal to $16.95 per share
Net operating income of $587 million, equal to $14.63 per share
Gross written premium growth of 35% and net written premium growth of 39%
GAAP calendar year combined ratio of 89.3%, an 8-point improvement year over year
Everest
Everest
Forward Guidance
This news release contains forward-looking statements within the meaning of the U.S. federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements made on behalf of the Company.