Headquartered in Seon Place, Hamilton Fiscal year ends December NYSE: EG everestglobal.com
Everest Group, Ltd. (NYSE: EG) is a Bermuda-based global property, casualty and specialty reinsurance and insurance underwriter, and a component of the S&P 500 index. It reports three segments. Reinsurance Treaty provides property and casualty treaty reinsurance (including casualty excess-of-loss and pro-rata) and is the largest segment by premium. Global Wholesale & Specialty writes wholesale and specialty insurance, including Financial Lines, Specialty, Casualty, Property and Facultative, in North America and targeted international markets. Legacy holds run-off liabilities and now includes the commercial retail insurance business being exited through a renewal rights transaction. Together, Reinsurance Treaty and Global Wholesale & Specialty form the company's Core businesses and strategic focus. In October 2025, Everest entered into adverse development reinsurance covers protecting North American liabilities in the Global Wholesale & Specialty and Legacy segments for losses dated before January 1, 2025. Earnings also depend on a roughly $44 billion investment portfolio of fixed maturities, alternative and other invested assets. The company returns capital through share repurchases and quarterly dividends. Updated
A second straight quarter of casualty reserve strengthening, roughly $600 million gross this time, pushed Everest Group to an underwriting loss and EPS missing expectations even as revenue beat. Management is leaning on buybacks to defend the stock.
Everest Group, Ltd. (NYSE: EG) is a Bermuda-based global property, casualty and specialty reinsurance and insurance underwriter, and a component of the S&P 500 index. It reports three segments.
24/7 Wall St.'s 12-month price target for EG is $484.56, rated Buy. The Wall Street consensus target is $433.38. EG price prediction →