Everest Group reported a 3.1% year-over-year decrease in gross written premium for 2025, reaching $17.7 billion, as it strategically reduced exposure in certain casualty and retail lines to enhance margin and balance sheet strength. Despite this contraction, the company achieved a 13.1% total shareholder return and a net income return on equity of 10.5%, alongside a significant Q4 turnaround that saw net income of $446 million. Everest’s deliberate actions reflect a broader industry trend of portfolio reshaping and de-risking, particularly in response to challenging long-tail casualty markets and firm property-catastrophe reinsurance pricing.
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Everest sees year-on-year slump in insurance and reinsurance but Q4 turnaround
Everest Group reported a 3.1% year-over-year decrease in gross written premium for 2025, reaching $17.7 billion, as it strategically reduced exposure in certain casualty and retail lines to enhance margin and balance sheet strength. Despite this contraction, the company achieved a 13.1% total shareholder return and a net income return on equity of 10.5%, alongside a significant Q4 turnaround that saw net income of $446 million. Everest’s deliberate actions reflect a broader industry trend of portfolio reshaping and de-risking, particularly in response to challenging long-tail casualty markets and firm property-catastrophe reinsurance pricing.