This was the stock's third consecutive day of losses.
Morgan Stanley downgraded Everest Group (EG) to Equal Weight from Overweight with a price target of $340, down from $425. After the management ...
Analysts fell to the sidelines weighing in on Everest Group (EG – Research Report) and Oaktree Specialty Lending (OCSL – Research Report) with ...
Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ETCompany ParticipantsMatthew Rohrmann - Senior Vice President ...
Shares of Everest Group Ltd. shed 4.34% to $351.51 Wednesday, on what proved to be an all-around dismal trading session for ...
Operating income for 2024 reached $1.3 billion, with a 9% return on equity despite $1.7 billion in reserve strengthening, predominantly in U.S. casualty lines. Williamson described the results as ...
EG's Q4 results reflect higher premiums in the reinsurance segment and improved investment income, partially offset by higher expenses and underwriting loss.
US-based reinsurer Everest Group has posted a net loss of $593m for the fourth quarter of 2024 (Q4 2024) compared with net income of $804m a year ago. The company attributed the downturn to the ...
Everest also provided an estimate for its first-quarter 2025 catastrophe losses, expected to be in the range of $350 to $450 ...
The group's net operating loss for the fourth quarter was $780 million, or $18.39 per diluted share, again due to reserve ...
Reinsurer Everest Group swung to a fourth-quarter loss on Monday, hit by a one-time charge tied to loss reserves in its U.S. casualty lines business.
Bermudian-based Everest Group Ltd has reported annual net income of $1.4 billion and net operating income of $1.3 billion for ...