Everest Re reports Q1 earnings miss despite increasing UW income to $273mn
Published: Tue 2 May 2023
Everest Re has reported Q1 operating income that missed analysts’ expectations, while underwriting income increased to $273mn, the combined ratio improved 0.4 points to 91.2 percent and gross written premium (GWP) grew 17.5 percent to $3.74bn.