Earnings release
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NEWS RELEASE EVEREST RE GROUP , LTD . Seon Place , 141 Front Street , 4th Floor , Hamilton HM 19 , Bermuda Contacts Investors and Media : Jon Levenson Head of Investor Relations Everest Global Services , Inc. 908.604.3169 HAMILTON , Bermuda " Company " ) today reported its 2021 second quarter results . ● ● Second Quarter 2021 Highlights ● ● Everest Re Group Reports Second Quarter 2021 Results Net Income of $ 680 Million 35 % Growth in Gross Written Premium with an 89.3 % Combined Ratio -- EVEREST . ( BUSINESS WIRE ) - July 28 , 2021 Everest Re Group , Ltd. ( “ Everest ” or the 1 | Page Net income of $ 680 million equal to $ 16.95 per share Net operating income of $ 587 million , equal to $ 14.63 per share Gross written premium growth of 35 % and net written premium growth of 39 % GAAP calendar year combined ratio of 89.3 % , an 8 - point improvement year over year , and attritional combined ratio of 87.6 % , a 0.9 point improvement year over year Underwriting income of $ 274 million inclusive of pre - tax net catastrophe losses of $ 45 million primarily from several global events in the Quarter . No change to Covid - 19 Pandemic ( " Pandemic " ) loss provision of $ 511 million Operating cashflow of $ 724 million for the quarter