The Nepal government has formally ended solo expeditions on Mt Everest and other mountain peaks above 8,000 metres by making one mountain guide mandatory for two climbers, according to revised ...

Nepal has implemented new regulations requiring one mountain guide for every two climbers on peaks above 8,000 meters, ...

Analysts fell to the sidelines weighing in on Everest Group (EG – Research Report) and Oaktree Specialty Lending (OCSL – Research Report) with ...

Morgan Stanley downgraded Everest Group (EG) to Equal Weight from Overweight with a price target of $340, down from $425. After the management ...

Morgan Stanley (NYSE:MS) analysts downgraded Everest Group stock, listed on the New York Stock Exchange (NYSE: EG), from Overweight to Equalweight, adjusting the price target to $340 from the prior ...

Nepal has officially ended solo expeditions on Everest and other 8,000-metre peaks by amending its mountaineering regulations ...

This was the stock's third consecutive day of losses.

AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" (Superior) of the operating subsidiaries of Everest ...

Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ETCompany ParticipantsMatthew Rohrmann - Senior Vice President ...

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 ...

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 ...

EG's Q4 results reflect higher premiums in the reinsurance segment and improved investment income, partially offset by higher expenses and underwriting loss.