Everest Group said net income in Q1 2026 was $653 million, or $16.21 per diluted share, compared with $210 million, or $4.90 per diluted share, in Q1 2025. Net operating income was $648 million, or $16.08 per diluted share, versus $276 million, or $6.45 per diluted share, in Q1 2025.

1. 01

   Everest Group said net income in Q1 2026 was $653 million, or $16.21 per diluted share, compared with $210 million, or $4.90 per diluted share, in Q1 2025. Net operating income was $648 million, or $16.08 per diluted share, versus $276 million, or $6.45 per diluted share, in Q1 2025.

2. 02

   The company said pre-tax underwriting income for the Group in Q1 2026 was $316 million with a combined ratio of 91.2%. In Q1 2025, underwriting loss was $(104) million with a combined ratio of 102.7%, and net catastrophe losses were $130 million versus $472 million.

3. 03

   Everest said gross written premium in Q1 was $3.6 billion, down 18.5% year-over-year on a comparable basis for the Group. Reinsurance Treaty declined 8.5% and Global Wholesale & Specialty increased 1.6%.

4. 04

   The company said net investment income in Q1 was $567 million, up from $491 million in the prior year quarter. In the same quarter, it repurchased 1,002,516 shares at an average price of $330.01 for a total of $331 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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