Everest Group (NYSE:EG) was downgraded at Morgan Stanley after the reinsurer announced a $1.7B reserve charge in January.

This was the stock's third consecutive day of losses.

Q4 2024 Earnings Call Transcript February 4, 2025 Operator: Good day and welcome to the Everest Group Limited Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only ...

Morgan Stanley downgraded Everest Group (EG) to Equal Weight from Overweight with a price target of $340, down from $425. After the management ...

Shares of Everest Group Ltd. shed 4.34% to $351.51 Wednesday, on what proved to be an all-around dismal trading session for ...

In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Everest Group (EG – Research Report), with a price ...

EG's Q4 results reflect higher premiums in the reinsurance segment and improved investment income, partially offset by higher expenses and underwriting loss.

Operating income for 2024 reached $1.3 billion, with a 9% return on equity despite $1.7 billion in reserve strengthening, predominantly in U.S. casualty lines. Williamson described the results as ...

Everest also provided an estimate for its first-quarter 2025 catastrophe losses, expected to be in the range of $350 to $450 ...

The group's net operating loss for the fourth quarter was $780 million, or $18.39 per diluted share, again due to reserve ...

Reinsurer Everest Group swung to a fourth-quarter loss on Monday, hit by a one-time charge tied to loss reserves in its U.S. casualty lines business.

Bermudian-based Everest Group Ltd has reported annual net income of $1.4 billion and net operating income of $1.3 billion for ...