Everest Group Reports Strong Q1 Earnings Amid Elevated Catastrophe Impact
Everest Group reported $648 million in group operating income for the first quarter of 2026, driven by underwriting and investment gains. However, catastrophe losses significantly impacted results with a combined ratio of 91.2%. The firm is prioritizing profitability over growth as it navigates competitive pricing trends.
Topics: capital returns catastrophe losses insurance reinsurance underwriting