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Jun 30, 2022
Everest Q2 2022 Earnings Report
Everest Re Group reported solid second quarter results driven by underwriting profitability and operational efficiency.
Key Takeaways
Everest Re Group reported a net income of $123 million for the second quarter of 2022, with a combined ratio of 91.8%. The company's net operating income was $386 million, reflecting a 15.3% annualized operating ROE. Gross written premiums grew by 8.1% year over year, with notable growth in the Insurance segment.
Net operating income of $386 million and a 15.3% annualized operating ROE.
Gross written premium grew by 8.1% year over year.
Combined ratio of 91.8% for the Group.
Insurance segment grew by 19.6% year over year.
Everest
Everest
Forward Guidance
Everest is well-positioned to continue executing its strategy and providing attractive shareholder returns.