Everest adds $610mn in reinsurance premium in Q2 as operating income climbs sixfold
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Everest adds $610mn in reinsurance premium in Q2 as operating income climbs sixfold

James Thaler
July 28, 2021
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Everest Re became the latest carrier to report booming second quarter profits, as net investment income grew by almost tenfold and underwriting income jumped by more than 400% to $274mn.

Operating income climbed to $587mn in the quarter, from $83mn a year ago. It’s per-share operating earnings soared to $14.63,

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