Every material Form 8-K Everest filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Everest reported third quarter 2026 net income of $233 million, or $6.12 per diluted share, compared with $255 million, or $6.09, a year earlier. The results included $268 million of unfavorable prior-year reserve development and a pre-tax underwriting loss of $223 million for the group, while the company repurchased $474 million of common shares during the quarter.
Net income of $233 million ($6.12 per diluted share) vs. $255 million ($6.09) in Q3 2025
Net operating income of $290 million ($7.62 per diluted share) vs. $316 million ($7.54) in Q3 2025
Group combined ratio affected by $268 million of unfavorable prior-year reserve development; Core businesses combined ratio was 105.8%
Common share repurchases of $474 million in the quarter; book value per share was $381.04 at September 30, 2026
Everest Group posted a recast Q2 2026 quarterly financial supplement on its investor relations website on October 19, 2026, covering prior period data from Q2 2025 through Q2 2026. The changes refine how the company defines after-tax net operating income and underwriting income, which affects reported return on equity, per-share metrics, loss ratio and combined ratio. The filing contains no new financial results, and the recast data is unaudited.
Refined definitions of after-tax net operating income and underwriting income, changing presentation of after-tax NOI return on equity, after-tax NOI per diluted share, loss ratio and combined ratio
Introduced a Net Reserve for losses and loss adjustment expenses before impact of ADC performance measure for the Legacy segment
Revised Global Wholesale & Specialty gross written premium by line of business presentation
Second quarter 2026 recast financial supplement is unaudited
Everest Group reported second quarter 2026 net income of $559 million, or $14.22 per diluted share, down from $680 million, or $16.10 per share, a year earlier. Underwriting results weakened as the group combined ratio rose to 92.0% from 90.4%, while the company repurchased $395 million of its common shares during the quarter.
Net income $559 million, or $14.22 per diluted share, versus $680 million, or $16.10, in Q2 2025
Group combined ratio 92.0% versus 90.4% a year earlier; underwriting income $281 million versus $385 million
Gross written premium $3.8 billion, down 19.4% year over year
Share repurchases of $395 million in the quarter, up from $200 million in Q2 2025
At its May 13, 2026 annual general meeting, Everest Group shareholders elected all 11 director nominees, appointed KPMG as auditor for 2026, approved a non-binding advisory vote on 2025 executive pay, and approved an amendment to the 2020 Stock Incentive Plan. The plan amendment increases the number of common shares available for delivery under the plan by 812,000 shares, which affects potential future share issuance to employees and officers.
Plan amendment adds 812,000 common shares available for delivery under the 2020 Stock Incentive Plan.
KPMG appointed as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 39,914,892 votes for.
Non-binding say-on-pay vote on 2025 executive compensation: 35,258,009 for and 3,086,503 against.
Of 40,021,446 shares represented, each of the 11 director nominees received more votes for than against; John Amore had the most against votes at 4,006,981.
Everest Group reported first quarter 2026 net income of $653 million, or $16.21 per diluted share, up from $210 million, or $4.90 per diluted share, a year earlier. Gross written premium fell 18.5% on a comparable basis to $3.6 billion, and the company repurchased $331 million of common shares during the quarter.
Net income $653 million ($16.21 per diluted share) vs. $210 million ($4.90) in Q1 2025
Net operating income $648 million ($16.08 per diluted share) vs. $276 million ($6.45) in Q1 2025
Combined ratio 91.2% vs. 102.7% a year earlier; pre-tax catastrophe losses $130 million vs. $472 million
Gross written premium $3.6 billion, down 18.5% on a comparable basis; $81.0 million pre-tax expense tied to the sale of Commercial Retail Insurance renewal rights to AIG
On March 22, 2026, Everest Underwriting Group (Ireland) Limited agreed to sell Everest Insurance Company of Canada, which holds the company's Canadian Retail Insurance operations, to The Wawanesa Mutual Insurance Company for CAD 410 million, subject to adjustment. The company describes the sale as a step in its plan to exit Commercial Retail Insurance and focus on Reinsurance and Global Wholesale and Specialty Insurance, and expects the deal to close in the second half of 2026. The filing does not state the sale's effect on earnings or book value.
Buyer is The Wawanesa Mutual Insurance Company; purchase price is CAD 410 million, subject to adjustment
Agreement signed March 22, 2026 and announced in a March 23, 2026 press release
Closing requires Canadian antitrust approval from the Commissioner of Competition and insurance approval from the Minister of Finance
Everest Reinsurance Company (Canadian Branch) will reinsure certain pre-closing liabilities of the unit under a loss portfolio transfer
Everest Group signed a separation and transition services agreement dated March 13, 2026 with former General Counsel Ricardo Anzaldua. The company agreed to pay $7.25 million for accrued payments and other compensation and benefits, and Mr. Anzaldua forfeited previously granted equity awards in exchange for a full release of claims. The filing is a notable governance item for shareholders because it details the terms of a senior officer's exit, though it does not describe a change to financial results.
Agreement dated March 13, 2026 with former Executive Vice President and General Counsel Ricardo Anzaldua
Company agreed to pay $7.25 million in accrued payments and other compensation and benefits
Mr. Anzaldua forfeited previously granted equity awards and will provide advisory services for up to nine months
Non-compete waived upon end of advisory services; employee non-solicit extended six months after employment ends
Everest reported fourth-quarter 2025 net income of $446 million, or $10.77 per diluted share, compared with a net loss of $593 million in the same quarter of 2024. For the full year, net income was $1.6 billion and net operating income was $1.9 billion, and the company repurchased $397 million of its common shares during the quarter.
Q4 2025 net operating income of $549 million, or $13.26 per diluted share, versus a net operating loss of $780 million in Q4 2024
Q4 2025 combined ratio of 98.4%, versus 135.5% in Q4 2024; gross written premium of $4.3 billion fell 8.6% on a comparable basis
Paid $122 million in premium consideration for the second layer of the Adverse Development Cover; recognized a $127.3 million pre-tax benefit from the sale of commercial retail renewal rights to AIG
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Everest filing is on SEC EDGAR ↗. 8-K briefs of other companies →