EG · 8-K · 20261028PR000041
Commercial Retail Renewal Rights
EVEREST GROUP, LTD. · 2026-10-28 · Importance 66 · Surprise 74
Everest announced a renewal rights transaction for its commercial retail insurance business, which is now included in the Legacy segment. Legacy third-quarter net premiums earned were $208 million, compared with $539 million a year earlier, and gross written premiums were $79 million versus $590 million. The company said quarterly Legacy net premiums earned were largely driven by the commercial retail business and remained on track with expectations following the transaction announcement. The release reports $108 million of after-tax acquisition, divestiture and restructuring costs year to date, compared with none in the prior-year period.
Key facts
- Everest said third-quarter net premiums earned in the Legacy segment were largely driven by the commercial retail insurance business and remained on track with its expectations following the renewal rights transaction announcement. source