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 ...

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

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

Speaking during the Everest fourth-quarter earnings call yesterday, CFO Mark Kociancic explained that the reduced size of the ...

Everest has reported a record net investment income of around $2 billion in its full-year 2024 results, with gross written ...

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

Despite property catastrophe reinsurance prices falling between 5% and 15% for loss free programmes at the January 1st, 2025, ...

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 Group, the global insurer and reinsurer, has estimated its pre-tax net catastrophe losses from the California ...

Reports Q4 revenue $4.64B, consensus $4.04B. “This was a pivotal year for Everest as we took decisive action to fortify our U.S. casualty ...

AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" (Superior) of the operating subsidiaries of Everest ...