Everest Group, Ltd. (EG)

In the past six months, Everest Group Ltd.'s stock has been influenced by several key events. As of October 27, 2025, the stock was up 2.44% in the last three months but down -8.70% over the past 12 months and -2.20% year-to-date. Everest Group reported its third-quarter 2025 results, with EPS of $7.54, missing analyst estimates of $14.31, and revenue of $4.32 billion, falling short of the consensus estimate of $4.45 billion, leading to a 6% drop in shares post-trading. The company also announced strategic reinsurance agreements, effective October 1, 2025, securing $1.2 billion in gross limit protection against future adverse reserve development. Furthermore, Everest Group is selling the renewal rights for a major portion of its retail insurance portfolios worldwide to American International Group (AIG), totaling approximately $2 billion in premiums, expected to result in a pre-tax non-operating charge of $250–350 million over two years. The company also strengthened its prior year U.S. casualty reserves by $361 million in Q3 2025.

The insurance and reinsurance industries, including Everest Group's offerings, experience seasonal fluctuations in demand. Demand surges are often driven by natural disaster seasons, severe weather events, the spring and summer home-buying season, holiday travel, new vehicle releases, and the construction season during warmer months. Health insurance typically sees a peak in the fourth quarter due to open enrollment periods, while auto insurance demand is higher in spring and summer, and life insurance sales tend to increase in December. The reinsurance market also exhibits strong seasonality, particularly in property catastrophe lines.

Everest Group Ltd. operates in the Financial Services sector, providing reinsurance and insurance solutions, including property, casualty, and specialty lines. Its major products encompass treaty and facultative reinsurance, as well as direct insurance offerings. The company was founded in 1973 as Prudential Reinsurance and later renamed Everest Re in 1996.

Everest Group Ltd. has a significant global presence, operating through subsidiaries in key markets including the U.S., Europe, Singapore, Canada, and Bermuda. The company's underwriting activities extend to over 100 countries across six continents.

Everest Group is recognized as a globally leading underwriting organization with a 50-year history of excellence in underwriting and customer service. The company holds strong credit ratings, including A+ (Superior) from A.M. Best, A+ (Strong) from S&P Global, and A1 (Good) from Moody's.

Institutional investors hold a significant stake in Everest Group Ltd., with institutional ownership reported at 95.35% as of October 27, 2025, and 92.64% in other reports. Major institutional owners include Everest Reinsurance Holdings Inc., Vanguard Group Inc., Blackrock Inc., State Street Global Advisors, Inc., Norges Bank Investment Management, Wellington Management Group LLP, and Vulcan Value Partners, LLC.