Everest Group, Ltd. reports developments in global property, casualty, and specialty reinsurance and insurance underwriting. Company news centers on results from Reinsurance Treaty, Global Wholesale & Specialty, and Legacy reporting categories, including gross written premiums, underwriting income, combined ratios, return on equity, investment income, and book value measures.
Recurring updates also cover capital return actions such as dividends and common-share repurchases, as well as leadership appointments tied to North America treaty reinsurance and wholesale specialty insurance. The company’s announcements often describe underwriting discipline, portfolio management, distribution strategy, renewal activity, and the capital and risk management framework used across its global operating affiliates.
Everest Group (NYSE: EG) completed the sale of its Canadian Retail Insurance operations to The Wawanesa Mutual Insurance Company.
The business sold is Everest Insurance Company of Canada. Required regulatory approvals were received and customary closing conditions were satisfied. The definitive agreement was announced on March 23, 2026, as part of Everest’s previously announced plan to exit its Commercial Retail Insurance operations. Everest said the completed transaction advances its focus on its core Reinsurance and Global Wholesale and Specialty businesses.
Everest Group (NYSE: EG) will hold its third quarter 2026 earnings conference call on October 29, 2026, at 8:00 am Eastern Time. Financial results will be released on October 28, 2026 after the NYSE market close. The earnings release and financial supplement will be available on its investor website, which will also host a live, listen-only webcast and a replay of the call.
Everest Group (EG) appointed Nandini Mani SVP, Group Chief Claims Officer, effective immediately.
She succeeds Andrew McBride, who will retire after five years at Everest. Mani previously served as Everest’s Chief Compliance Officer and earlier led Chubb Overseas General Claims, overseeing more than 2,000 employees.
Everest Group (NYSE: EG) announced the publication of its 2025 Global Loss Triangles for the year ended December 31, 2025. The loss development disclosures are available on the company’s investor relations website under Financials/Annual Disclosures, alongside annual reports and related materials for investors.
Everest Group (NYSE: EG) announced that its Board of Directors has declared a cash dividend of $2.00 per common share.
The dividend is scheduled to be paid on or before September 25, 2026 to shareholders of record as of September 9, 2026. Everest is a global property, casualty, and specialty reinsurance and insurance provider and a component of the S&P 500 index.
Everest Group (NYSE: EG) has entered into a definitive agreement to sell its Mexico insurance company, Compañía de Seguros Generales Everest México, to Fairfax Financial Holdings (TSX: FFH, FFH.U). The transaction is part of Everest’s planned exit from its remaining commercial retail insurance businesses, following earlier agreements to sell its Colombia and Canada operations.
According to Everest, the sale supports its strategy to focus capital and resources on core Reinsurance and Global Wholesale and Specialty franchises. The deal is expected to close in 2027, subject to customary regulatory approvals and closing conditions. Guy Carpenter Capital & Advisory acts as financial advisor and Debevoise & Plimpton as legal counsel to Everest.
Everest (NYSE: EG) reported second quarter 2026 net income of $559 million ($14.22 per diluted share) and net operating income of $585 million ($14.85 per diluted share). Annualized returns on equity were 14.2% for net income and 14.9% for net operating income, with an annualized Total Shareholder Return of 16.8%.
Group combined ratio was 92.0%, while Core businesses (Reinsurance Treaty and Global Wholesale & Specialty) generated $317 million of underwriting income with a 90.0% combined ratio and 87.3% attritional combined ratio. Book value per share rose to $398.83 (or $407.67 excluding unrealized AFS fixed-maturity gains/losses). Gross written premium was $3.8 billion for the Group, down 19.4% year over year, including a 5.9% decline in Core businesses. Net investment income was $523 million. Everest returned capital via $395 million of common share repurchases and $78 million in dividends during the quarter.
Everest Group (NYSE:EG) will hold its second quarter 2026 earnings conference call on Thursday, July 30, 2026 at 8:00 a.m. ET. Investors can access the live listen-only webcast and replay via the company’s investor relations website.
Financial results will be released after market close on July 29, 2026.
Everest Group (NYSE:EG) and Stone Point launched Annapurna Re Ltd, a Bermuda-based casualty reinsurance sidecar. Funds managed by Stone Point are the anchor investors in this multi-year vehicle.
Annapurna is expected to deploy about $600 million of third-party capital over a three-year underwriting period, providing dedicated capacity for Everest’s global casualty and specialty reinsurance portfolios. The structure builds on Everest’s Mt. Logan third-party capital platform and combines Everest’s underwriting expertise with Stone Point’s insurance-focused investment strategies. Stone Point Credit will act as exclusive investment manager, with support from strategic investor Mubadala.
Everest (NYSE:EG) announced the inaugural recipient of the annual, renewable Joseph V. Taranto Scholarship, created by Everest and its Board to honor former Chairman Joseph V. Taranto.
The scholarship supports a college-bound student showing academic excellence, financial need, strong character, and alignment with Everest’s values of integrity, discipline, curiosity, and service.