Everest Group, Ltd. (EG)

The past six months have seen several events impacting Everest Group Ltd.'s stock price. Everest reported Q2 2025 earnings per share (EPS) of $16.10, surpassing analyst estimates, but gross written premiums were down. The company reported Q3 2025 EPS of $7.54, significantly missing consensus estimates, due to a substantial $478 million in adverse reserve builds, leading to an 11% plunge in the stock price. Concurrently with its Q3 earnings, Everest announced the sale of the renewal rights of its retail commercial insurance business to AIG. AM Best revised its outlooks for Everest Group Ltd. and its subsidiaries to negative from stable, while affirming their Financial Strength Rating of A+ (Superior). Several analysts adjusted their ratings and price targets for EG. Everest announced key leadership appointments and a Chief Financial Officer transition. Everest Group announced it would hold its Q4 2025 earnings conference call on February 5, 2026.

Demand for Everest Group Ltd.'s business in reinsurance and insurance is primarily driven by continuous risk exposure and the cyclical renewal of policies, rather than strong seasonal consumer patterns. While catastrophic events can significantly impact claims and underwriting results, the underlying demand for risk transfer solutions from other insurers and businesses remains relatively constant throughout the year. The company's strategic shifts are aimed at optimizing its portfolio and enhancing profitability across market cycles.

Everest Group Ltd. (EG) is a global underwriting leader specializing in reinsurance and insurance solutions, operating within the Financials sector, specifically in the Insurance - Reinsurance and Property-Casualty Insurers industries. The company offers a comprehensive range of products, including property, casualty, and specialty reinsurance and insurance solutions, conducting its business through two main reportable segments: Reinsurance and Insurance.

Everest Group Ltd. maintains a significant global presence, operating through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda, and other territories. Its operations span across North America, Latin America, Europe, and Asia Pacific, serving clients in over 100 countries across six continents. The company's headquarters are located in Hamilton, Bermuda.

Everest Group is recognized as a global industry leader with a 50-year track record of excellence in underwriting and customer service. The company holds strong financial strength ratings, including A+ (Superior) from A.M. Best and S&P Global, and A1 (Good) from Moody's. However, the revision of AM Best's outlooks to negative in October 2025, following significant reserve charges related to its retail commercial insurance business, could be perceived as an event that impacted its reputation.

Everest Group Ltd. has a significant institutional ownership, with institutions holding approximately 79.6% of the company's shares. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., Aqr Capital Management Llc, State Street Corp, Vulcan Value Partners, LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Wellington Management Group Llp, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, and Barrow Hanley Mewhinney & Strauss Llc. The largest individual shareholder is Everest Reinsurance Holdings Inc, owning 23.15% of the company's shares.