Everest Re (RE) Misses Q1 EPS by $1.22

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Go back to Everest Re (RE) Misses Q1 EPS by $1.22

Everest Re Group Reports First Quarter 2023 Results

May 1, 2023 4:15 PM EDT

19.5%1 GWP Growth and 16.2% Underwriting Income Growth, Led by Record Reinsurance Growth and Strong Pricing Momentum

14.2% Net Income ROE, 17.2 % Operating ROE

91.2% Combined Ratio and 87.5% Attritional Combined Ratio

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (Everest or the Group) today reported its first quarter 2023 results.

First Quarter 2023 Highlights

Strong year-over-year improvements in Net Operating Income of $443 million, 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... More