Everest Re Group reported second-quarter net income fell 26.4 percent to $194.2 million, or $3.40 per share, as a result of lower investment gains.

Second-quarter operating earnings were at $173.3 million, or $3.03 per share, compared to $174.4 million, or $3.07 per share, last year.

Written premiums grew just over 2 percent, and combined ratios remained essentially flat.

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