EG · News · 20260805N

Reinsurance Pricing and Exposure

EVEREST GROUP, LTD. · 2026-08-05 · Importance 46 · Surprise 42

Everest reduced U.S. casualty and property exposures because of challenging reinsurance pricing conditions and weaker-priced segments. The deliberate underwriting pullback caused significant year-over-year sales pressure despite strong underwriting performance, including a 92% combined ratio. Analysts identified softer property and casualty pricing, catastrophe exposure, and reserve quality in the casualty book as key issues for future results. Growth is expected to be monitored in specialty and international insurance and reinsurance markets.

Key facts

• Management attributed the significant year-over-year sales decline to deliberate reductions in U.S. casualty and property exposures and a challenging reinsurance pricing environment. source
• Management indicated top-line pressure is real due to strategic exits from weaker-priced segments. source