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.

Fintel reports that on February 5, 2025, Morgan Stanley downgraded their outlook for Everest Group (NYSE:EG) from Overweight ...

The credit ratings of Bermudian-based Everest Group Ltd and its subsidiaries remain unchanged following the company’s ...

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

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 ...

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

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 ...

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

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

Everest Group reported its fourth-quarter results for 2024, marking a challenging end to the year. The group posted a net ...

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.