---
schema_version: "secwatch.filing_event.v1"
accession: "0001095073-23-000020"
form_type: "8-K"
ticker: "EG"
cik: "0001095073"
company_name: "EVEREST GROUP, LTD."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:37:43.968419+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Everest Re Reports Q1 2023: Net Income $365M, Operating Income $443M, GWP +19.5%

## Summary
- Net income $365M ($9.31/diluted sh) vs $298M ($7.56) in Q1 2022; operating income $443M ($11.31/sh) vs $406M ($10.31).
- Gross written premium $3.7B, up 19.5% constant currency; reinsurance segment record $2.64B (+23.2% constant currency).
- Combined ratio 91.2% (improved 0.4 pts); attritional combined ratio 87.5%; pre-tax underwriting income $273M.
- Pre-tax catastrophe losses $110M (Turkey earthquake, NZ floods/cyclone) vs $115M prior year.
- Net investment income up $260M YoY; book value per share $229.49 vs $215.54 at Dec 2022.

## SEC filing metadata
- accession: 0001095073-23-000020
- form_type: 8-K
- ticker: EG
- cik: 0001095073
- company_name: EVEREST GROUP, LTD.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095073/000109507323000020/0001095073-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095073/000109507323000020/re-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095073-23-000020
- JSON: https://secwatch.observer/filing/0001095073-23-000020.json
- Plain text: https://secwatch.observer/filing/0001095073-23-000020.txt

## Key facts
- Earnings Releases
  EVEREST GROUP, LTD. reported first quarter 2023 results: revenue $3.7 billion, net income $365 million, EPS $9.31 per diluted share.
  - Period: first quarter 2023
  - Revenue: $3.7 billion
  - Net income: $365 million
  - EPS: $9.31 per diluted share
  - Result: reported results
  source text: and Net Income of $365 million driven by continued underwriting margin improvement • 14.1% Total Shareholder Return, 14.2% Net Income ROE, and 17.2% Operating Income ROE • $3.7 billion in gross written premium (“GWP”) with year-over-year growth of 19.5% in constant dollars as reported for the Group, 23.2% in constant dollars excluding reinstatements for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095073/000109507323000020/0001095073-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.