secwatch.observer — SEC 8-K summary
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Issuer:     EVEREST GROUP, LTD. (EG)
CIK:        0001095073
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001095073-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095073/000109507323000020/0001095073-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095073/000109507323000020/re-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001095073-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer