Strong Net Operating Income and ROE
Everest Group reported a net operating income of $734 million and an annualized operating return on equity (ROE) of nearly 20% for the second quarter of 2025.
Reinsurance Segment Performance
The Reinsurance segment generated $436 million in underwriting profit, up $133 million from the prior year, with a combined ratio of 85.6%. Property premiums grew by 8%, and Property Cat XOL grew over 15%.
International Insurance Growth
International Insurance business experienced a 23% growth rate this quarter, with Specialty and A&H growing 40% and 24% year-over-year, respectively.
Share Repurchase Program
In the second quarter, Everest repurchased $200 million worth of shares, totaling $400 million year-to-date.
Net Investment Income
Net investment income was strong at $532 million, supported by favorable private equity performance.