Profile
Sector:
Financial ServicesIndustry:
Insurance - ReinsuranceCountry:
BermudaIPO:
03 October 1995Website:
http://www.everestglobal.comNext earnings report:
07 February 2025Last dividends:
16 September 2024Next dividends:
27 November 2024Price
after hours | Fri, 15 Nov 2024 23:08:08 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
EG Latest News
SAN JOSE, California; LONDON; and BENGALURU, India, Nov. 5, 2024 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS) is a company that was created in the digital age.
EG's Q3 results show higher-than-normal losses from catastrophes and reduced premiums in the Insurance sector. However, increased premiums in Reinsurance and better net investment income helped to offset some of the negative impact.
Everest Group shared its Q3-2024 results today. The significant losses from the two major hurricanes were key points of discussion. We will examine how the current valuation compares to what we discussed in our earlier article.
The financial results for Everest Group (EG) from the quarter ending September 2024 provide an overview of the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Everest Group (EG) reported quarterly earnings of $14.62 per share, which is higher than the Zacks Consensus Estimate of $11.91 per share. This is an increase compared to earnings of $14.14 per share from the same time last year.
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a top global provider of property, casualty, and specialty reinsurance and insurance, has announced its results for the third quarter of 2024. Key highlights include an annualized Total Shareholder Return of 19.4% and a year-to-date return of 17.8%. The company reported a net income of $509 million and a net operating income of $630 million, supported by strong underwriting margins.
EG's results for the third quarter are expected to show increased premiums due to higher rates and greater exposure in both areas.
Instead of just focusing on Wall Street's predictions for Everest Group's earnings, let's explore some important metrics to better understand how the company might perform in the quarter that ended in September 2024. This will give us a clearer picture of its potential.
SAN JOSE, California, LONDON, and BENGALURU, India, Oct. 22, 2024 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS) is a company that was created in the digital age.
MIAMI--(BUSINESS WIRE)--Foundever®, a top company in the customer experience (CX) field, has been named a Leader by the Everest Group in its 2024 Customer Experience Management (CXM) – Service Provider Landscape with Services PEAK Matrix™ Assessment report for the Americas. This achievement marks the 12th year in a row that Foundever has earned this honor, highlighting its Centers of Excellence and experience labs that play a key role in creating and implementing innovative solutions.
What type of business is Everest?
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.
What sector is Everest in?
Everest is in the Financial Services sector
What industry is Everest in?
Everest is in the Insurance - Reinsurance industry
What country is Everest from?
Everest is headquartered in Bermuda
When did Everest go public?
Everest initial public offering (IPO) was on 03 October 1995
What is Everest website?
https://www.everestglobal.com
Is Everest in the S&P 500?
Yes, Everest is included in the S&P 500 index
Is Everest in the NASDAQ 100?
No, Everest is not included in the NASDAQ 100 index
Is Everest in the Dow Jones?
No, Everest is not included in the Dow Jones index
When was Everest the previous earnings report?
No data
When does Everest earnings report?
The next expected earnings date for Everest is 07 February 2025