STOCK TITAN

Everest Re Gp (EG) Stock News

EG NYSE

Welcome to our dedicated page for Everest Re Gp news (Ticker: EG), a resource for investors and traders seeking the latest updates and insights on Everest Re Gp stock.

Everest Group, Ltd. reports developments in global property, casualty, and specialty reinsurance and insurance underwriting. Company news centers on results from Reinsurance Treaty, Global Wholesale & Specialty, and Legacy reporting categories, including gross written premiums, underwriting income, combined ratios, return on equity, investment income, and book value measures.

Recurring updates also cover capital return actions such as dividends and common-share repurchases, as well as leadership appointments tied to North America treaty reinsurance and wholesale specialty insurance. The company’s announcements often describe underwriting discipline, portfolio management, distribution strategy, renewal activity, and the capital and risk management framework used across its global operating affiliates.

Rhea-AI Summary

Everest Group (NYSE:EG) and Stone Point launched Annapurna Re Ltd, a Bermuda-based casualty reinsurance sidecar. Funds managed by Stone Point are the anchor investors in this multi-year vehicle.

Annapurna is expected to deploy about $600 million of third-party capital over a three-year underwriting period, providing dedicated capacity for Everest’s global casualty and specialty reinsurance portfolios. The structure builds on Everest’s Mt. Logan third-party capital platform and combines Everest’s underwriting expertise with Stone Point’s insurance-focused investment strategies. Stone Point Credit will act as exclusive investment manager, with support from strategic investor Mubadala.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
-
Rhea-AI Summary

Everest (NYSE:EG) announced the inaugural recipient of the annual, renewable Joseph V. Taranto Scholarship, created by Everest and its Board to honor former Chairman Joseph V. Taranto.

The scholarship supports a college-bound student showing academic excellence, financial need, strong character, and alignment with Everest’s values of integrity, discipline, curiosity, and service.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
-
Rhea-AI Summary

AIG (NYSE:AIG) agreed to acquire Everest Group’s (NYSE:EG) Colombian insurance subsidiary, Everest Compañía de Seguros Generales Colombia. The deal covers 100% of Everest Colombia’s equity, including its licensed operations, employees and ongoing insurance business, and is expected to close in early 2027, subject to regulatory approvals.

AIG indicates the acquisition supports its Latin America strategy, enhances premium growth, and adds an experienced team focused on corporate and upper-middle-market clients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
Rhea-AI Summary

Everest Group (NYSE:EG) agreed to sell its Colombia insurance subsidiary, Everest Compañía de Seguros Generales Colombia S.A., to AIG (NYSE:AIG). The deal follows prior sales of global Commercial Retail Insurance renewal rights and Canada Retail operations, supporting Everest’s focus on Global Reinsurance and Wholesale and Specialty Insurance.

The transaction is expected to close in early 2027, subject to regulatory approvals and customary conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
none
-
News
Rhea-AI Summary

Everest Group (NYSE: EG) announced that its board declared a cash dividend of $2.00 per common share. The dividend is payable on or before June 26, 2026 to shareholders of record as of June 12, 2026.

Everest is a global property, casualty, and specialty reinsurance and insurance provider and a component of the S&P 500 index.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
dividends
-
Rhea-AI Summary

Everest (NYSE: EG) appointed Lisa Davis as Head of North America, Wholesale & Specialty, effective May 7, 2026. Ms. Davis will lead underwriting strategy, distribution, and portfolio management across North America and report to Jason Keen, EVP and CEO of Global Wholesale & Specialty.

Ms. Davis brings more than 35 years of specialty insurance experience, including senior roles at Canopius, Sompo America, Zurich North America, and St. Paul Companies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
Rhea-AI Summary

Everest (NYSE: EG) reported Q1 2026 results: net income $653M ($16.21/diluted) and net operating income $648M ($16.08/diluted). Group gross written premium $3.6B (-18.5% YoY) and combined ratio 91.2%. Pre-tax underwriting income was $316M; pre-tax catastrophe losses were $130M. Net investment income rose to $567M. The company repurchased $331M of common shares and reported annualized TSR of 16.1% and ROE of 16.8% (net income).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.71%
Tags
-
Rhea-AI Summary

Everest (NYSE: EG) appointed Jason Busti as Head of North America Treaty Reinsurance, effective March 25, 2026. He will lead treaty reinsurance across the United States, Bermuda, and Canada and report to Jill Beggs, EVP and CEO of Reinsurance. Mr. Busti joins from AXIS Re and previously spent over 20 years at Swiss Re. Everest highlighted his experience managing large treaty portfolios and broker relationships as central to strengthening its North America offering.

Everest is a global specialty reinsurance and insurance underwriter with a 50-year underwriting track record and is part of the S&P 500.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
Tags
none
-
Rhea-AI Summary

Everest Group (NYSE: EG) will hold its Q1 2026 earnings conference call on Thursday, April 30, 2026 at 8:00 AM ET. Everest will release financial results on April 29, 2026 after the NYSE close, with an earnings release and financial supplement posted online.

Investors can register for dial‑in details via the provided registration link and listen via a live, listen‑only webcast at www.investors.everestglobal.com; a replay will also be available. Everest is a global property, casualty, and specialty reinsurance and insurance underwriter and is a component of the S&P 500.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
conferences earnings
Rhea-AI Summary

Everest (NYSE: EG) has signed a definitive agreement to sell its Canadian retail insurance operations, Everest Insurance Company of Canada, to The Wawanesa Mutual Insurance Company.

The transaction advances Everest's strategic exit from commercial retail, sharpens focus on reinsurance and global wholesale and specialty insurance, and is expected to close in the second half of 2026, subject to regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
none

FAQ

What is the current stock price of Everest Re Gp (EG)?

The current stock price of Everest Re Gp (EG) is $335.63 as of June 19, 2026.

What is the market cap of Everest Re Gp (EG)?

The market cap of Everest Re Gp (EG) is approximately 13.3B.