Everest Re Gp Stock Price, News & Analysis

Everest Group (NYSE: EG), a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has declared a dividend of $2.00 per common share. The dividend will be payable on or before September 19, 2025, to shareholders of record as of September 3, 2025.

Everest, a component of the S&P 500 index, has maintained a 50-year track record of disciplined underwriting, capital, and risk management, serving customers, shareholders, and communities worldwide through its global operating affiliates.

Everest Group (NYSE: EG) reported strong Q2 2025 financial results with net income of $680 million and net operating income of $734 million. The company achieved an annualized ROE of 18.2% and a combined ratio of 90.4%. Key highlights include:

The Reinsurance segment delivered exceptional performance with a combined ratio of 85.6% and $436 million in underwriting income. The Insurance segment faced challenges with a combined ratio of 102.0%. Total gross written premiums reached $4.7 billion, showing a slight decrease of 0.7% year-over-year.

Notable impacts include $98 million in aviation losses from the Russia/Ukraine war and $39 million in favorable prior year reserve development. Investment income increased to $532 million, and operating cash flow was $1.1 billion.

Everest Group (NYSE: EG) has announced the promotion of Jill Beggs to Executive Vice President and Chief Executive Officer of Reinsurance, effective immediately. Beggs, who previously served as EVP and Chief Operating Officer of Everest Reinsurance, brings over 30 years of risk management experience to the role.

Since rejoining Everest in 2021 as Head of Reinsurance, North America, Beggs has played a crucial role in advancing the company's global reinsurance strategy, driving growth across North America, International, Global Facultative, Global Specialty, and Mt. Logan Capital Management businesses. Prior to Everest, she held senior leadership positions at Munich Re, where she established a strong reputation for portfolio management.

Everest Group (NYSE: EG), a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has scheduled its second quarter 2025 earnings conference call for Thursday, July 31, 2025, at 8:00 am Eastern Time.

The company will release its financial results on July 30, 2025, after the NYSE market close. The earnings release and financial supplement will be available on the company's investor relations website. Investors can access the conference call through a live webcast or by registering for dial-in details.

Everest, a component of the S&P 500 index, has a 50-year track record of disciplined underwriting, capital, and risk management, serving customers worldwide through its global operating affiliates.

Everest (NYSE: EG), a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has announced the publication of its Global Loss Triangles for the year ended December 31, 2024. The documents are now accessible on the company's investor relations website under the Financials/Annual Disclosures section.

Everest, a component of the S&P 500 index, has maintained a 50-year track record of disciplined underwriting, capital, and risk management. The company operates through global affiliates to provide underwriting solutions for colleagues, customers, shareholders, and communities worldwide.

Everest Group (NYSE: EG), a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has appointed Pamela Sinclair as Executive Vice President and Chief Human Resources Officer, effective July 14. Sinclair, who will report to CEO Jim Williamson, brings 30 years of experience in human capital strategies and succeeds retiring CHRO Gail Van Beveren.

Sinclair joins from PGIM, where she served as Global Head of Human Resources, managing talent strategies for 4,500+ global colleagues at the $1.4 trillion asset management firm. Her previous experience includes leadership roles at PGIM Real Estate and Barclays Capital, demonstrating extensive expertise in global human capital management.

Everest Group (NYSE: EG), a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, has appointed Allan Levine as an independent, non-executive member of its Board of Directors.

Levine brings over three decades of experience in insurance and financial markets. He is currently Co-Founder and Executive Chairman of Global Atlantic, a KKR subsidiary, where he previously served as Chairman and CEO for 12 years, growing the firm to $190B in assets under management. His prior experience includes roles as CEO of Goldman Sachs Reinsurance Group and Partner and Co-Head of Firm-Wide Strategy at Goldman Sachs.

Everest Group (NYSE: EG) has appointed Darryl Page as an independent, non-executive member of its Board of Directors. Page brings over 40 years of leadership experience in global insurance, including a 12-year tenure at Chubb as Division President of International Personal Lines, where he managed a multi-billion-dollar portfolio across 52 countries. His experience includes establishing Chubb's agency distribution strategy and serving as Chief Culture Officer.

Prior to Chubb, Page held executive positions at Fireman's Fund (Allianz) and spent 30 years at Allstate. He currently serves on the Board of Dominican University of California. John Graf, Everest's Chairman, highlighted Page's expertise in scaling profitable insurance businesses and developing high-performing cultures as valuable assets for Everest's value creation strategies.

Everest Group (NYSE: EG) has declared a dividend of $2.00 per common share, payable by June 13, 2025, to shareholders of record as of May 28, 2025. Everest is a global underwriting leader specializing in property, casualty, and specialty reinsurance and insurance solutions with a 50-year track record of disciplined underwriting and capital management. The company is a component of the S&P 500 index.