Everest Re (RE) Tops Q2 EPS by $1.79
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Everest Re Group Reports Second Quarter 2022 Results
July 27, 2022 4:15 PM EDT$386 Million of Net Operating Income and 15.3% Annualized Operating ROE
$123 Million of Net Income and 91.8% Combined Ratio
HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (Everest or the Group) today reported its second quarter 2022 results.
Second Quarter 2022 Highlights
$386 Million of Net Operating Income, 15.3% annualized Operating ROE, and Net Income of $123 Million $3.4 billion in gross written premium (GWP) with year over year growth of 8.1% for the Group (10.3% in constant dollars), 19.6% for Insurance (20.5% in constant dollars), and 2.5% for Reinsurance (5.2% in constant dollars) Combined ratios of 91.8% for... More