Everest Re Group Non-GAAP EPS of $9.79 beats by $1.68, revenue of $2.83B misses by $180M

Jul. 27, 2022 4:46 PM ETEverest Re Group, Ltd. (RE)By: Pranav Ghumatkar, SA News Editor
  • Everest Re Group press release (NYSE:RE): Q2 Non-GAAP EPS of $9.79 beats by $1.68.
  • Revenue of $2.83B (-8.1% Y/Y) misses by $180M.
  • GAAP combined ratio of 91.8% including 2.9 points of catastrophe losses vs. the second quarter 2021 figures of 89.3% including 1.8 points of catastrophe losses
  • Operating cashflow for the quarter of $715 million vs. the second quarter 2021 figure of $724 million.

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