EG
FY2026 Q1 · Calendar Q2 2026
Everest Group, Ltd.
Everest Group delivered a strong Q1 2026 with operating income of $648 million and an annualized total shareholder return of 16.1%, beating EPS estimates by 15% while revenue narrowly missed. The exit of the commercial retail business drove an 18% drop in gross written premium, but management prioritized profitability, improving the combined ratio to 91.2% and lifting attritional loss ratios by 3.8 points through a shift toward short-tail and specialty lines. Capital return accelerated with $331 million repurchased and a new $300 million quarterly floor, up from $200 million. The market initially responded positively with a 2.7% abnormal move, but the stock subsequently drifted down 9.2%, reflecting concerns about competitive pricing pressure and the hostile U.S. legal environment for casualty lines.
EPS surprise+15.1%
Market move+3.7%
