Welcome to our dedicated page for Everest Group, Ltd. news (Ticker: $EG), a resource for investors and traders seeking the latest updates and insights on Everest Group, Ltd. stock.
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Everest Group, (NYSE: EG) reported strong first quarter 2024 results with a net income of $733 million, operating income of $709 million, and a Total Shareholder Return of 18.1%. The company achieved a combined ratio of 88.8% resulting in record underwriting income of $409 million. Everest's reinsurance and insurance segments showed growth, with gross written premiums increasing by 17.2% and 9.8% respectively. The company's investment income also improved to $457 million. Everest President and CEO, Juan C. Andrade, highlighted the company's profitable performance and successful execution of their strategic plan.
