Everest Q2 net income $559M ($14.22 EPS); combined ratio 92.0%; repurchased $395M shares

EVEREST GROUP, LTD.

Net income $559M ($14.22 diluted EPS) vs $680M ($16.10) in Q2 2025; net operating income $585M ($14.85).
Core businesses combined ratio 90.0% (Reinsurance Treaty 88.5%, Global Wholesale & Specialty 95.2%).
Net investment income $523M, down from $532M; book value per share $398.83, up 5% from Dec 2025.
Repurchased $395M of common shares in Q2; $725M YTD; dividend unchanged at $2.00/share.
Gross written premium from core businesses $3.7B, down 7.1% YoY (treaty -9.1%, wholesale -1.0%).

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