Everest Group Q2 net income falls to $680 million; operating income rises to $734 million
Everest Group reported second quarter 2025 results on July 30, 2025. Net income was $680 million, or $16.10 per diluted share, down from $724 million, or $16.70 per diluted share, a year earlier, while net operating income rose to $734 million from $730 million. Underwriting income was $385 million and the combined ratio was 90.4%, compared with $358 million and 90.3% in the prior-year quarter.
Key points
- Net income of $680 million ($16.10 per diluted share) vs. $724 million ($16.70) in Q2 2024
- Net operating income of $734 million ($17.36 per diluted share) vs. $730 million ($16.85) in Q2 2024
- Group gross written premium of $4.7 billion, down 0.7% on a comparable basis; Q2 pre-tax catastrophe losses of $20 million vs. $135 million a year earlier
- Company repurchased $200 million of common shares in the quarter, and the annualized net income ROE was 18.2%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.