Everest Group, Ltd. is a Bermuda-based reinsurance and insurance organization with a global presence, serving clients across more than 100 countries . The company operates through two main segments: Reinsurance and Insurance, with the Reinsurance segment being the larger contributor to the company's gross written premiums . Everest Group offers a wide range of reinsurance and insurance products, including treaty and facultative reinsurance, as well as accident and health, specialty casualty, and professional liability insurance . The company's strategic focus is on maintaining a diversified portfolio and leveraging its financial strength to sustain its leadership position in targeted markets .
- Reinsurance - Provides treaty and facultative reinsurance on a pro rata or excess of loss basis, covering lines such as property, catastrophe, casualty, marine, aviation, engineering, professional lines, credit and surety, motor, agriculture/crop, and political violence.
- Insurance - Offers a broad suite of products, including accident and health, specialty casualty, other specialty, professional liability, property/short-tail, and workers' compensation, with specialty casualty being the largest contributor.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Jim Williamson ExecutiveBoard | President and CEO | Chair of the Reinsurance Association of America | Joined EG in 2020 as EVP and COO; became President and CEO in January 2025. Previously held senior roles at Chubb Limited and The Hartford. Holds an MBA from Wharton. | View Report → |
Gail Van Beveren Executive | EVP and Chief Human Resources Officer | None | Joined EG 37 years ago. Oversees global HR strategies and is an Executive Sponsor of the Diversity, Equity & Inclusion Council. Holds a CPCU designation. | |
Mark Kociancic Executive | EVP and CFO | Director of International Re, Director of Mt. Logan Re, Ltd., Non-Executive Director of Everest Insurance (Ireland) | Joined EG in 2020 as EVP and CFO. Previously Group CFO at SCOR SE. Holds CPA and CFA designations. | |
Mike Karmilowicz Executive | Chairman of Everest Global Insurance | None | Joined EG in 2015. Previously President and CEO of Everest Insurance\u00ae. Played a key role in transforming Everest Insurance\u00ae International into a global retail platform. | |
Roger M. Singer Board | Lead Independent Director | None | Director since 2010. Former Commissioner of Insurance for Massachusetts. Brings expertise in governance, regulatory matters, and M&A. | |
William F. Galtney Jr. Board | Director | President, Galtney Group, Inc. | Director since 1996. President of Galtney Group, Inc. No additional details provided in the documents. |
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You have delayed your target combined ratio of 90%-92% for the Insurance segment to 2025; what specific challenges have caused this postponement, and what measures are you implementing to ensure you meet this goal on the new timeline? ,
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After shedding over $300 million in casualty pro rata renewals due to competitive market conditions and concerns about social inflation, how do you plan to compensate for this reduction in premiums, and what impact do you expect on your overall growth and profitability? , , ,
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As you expand into new international markets where established local carriers dominate, how are you addressing the potential risks of adverse selection, and what strategies are in place to ensure profitable growth in these regions? ,
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Considering the higher catastrophe losses this quarter compared to last year's period, what steps are you taking to strengthen your risk management practices to mitigate the financial impact of such events in the future? ,
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Despite achieving rate increases exceeding loss trends in casualty lines, the Insurance segment's overall growth remains modest at 6%; what factors are limiting growth in this segment, and how do you plan to accelerate it while maintaining underwriting discipline? ,
Research analysts who have asked questions during EVEREST GROUP earnings calls.
Alex Scott
Barclays PLC
4 questions for EG
Brian Meredith
UBS
4 questions for EG
David Motemaden
Evercore ISI
4 questions for EG
Elyse Greenspan
Wells Fargo
4 questions for EG
Meyer Shields
Keefe, Bruyette & Woods
4 questions for EG
Michael Zaremski
BMO Capital Markets
4 questions for EG
Joshua Shanker
Bank of America Merrill Lynch
3 questions for EG
Andrew Andersen
Jefferies
2 questions for EG
Katie Sakys
Autonomous Research
2 questions for EG
Wesley Carmichael
Autonomous Research
2 questions for EG
Andrew Kligerman
TD Cowen
1 question for EG
C. Gregory Peters
Raymond James
1 question for EG
Charles Peters
Raymond James
1 question for EG
Gregory Peters
Raymond James
1 question for EG
Josh Shanker
Bank of America
1 question for EG
Yaron Kinar
Oppenheimer & Co. Inc.
1 question for EG
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Marsh and McLennan | Largest broker | Reinsurance | 21.9% of the Company's GWP in 2024 |
Aon | Second-largest broker | Reinsurance | 19.2% of the Company's GWP in 2024 |
Recent press releases and 8-K filings for EG.
- Everest’s Board of Directors declared a $2.00 per common share dividend, payable on or before September 19, 2025.
- The dividend applies to shareholders of record as of September 3, 2025.
- Everest common stock (NYSE: EG) is a component of the S&P 500 index.
- Everest is a global underwriting leader in property, casualty, and specialty reinsurance and insurance, with a 50-year track record.
- Ampol is set to acquire 540 EG Group petrol sites in Australia for A$1 billion, funded through a mix of cash and shares and advised by UBS, concluding over a year of talks.
- The deal, which prompted a trading halt on Ampol’s shares ahead of the announcement, would place Ampol alongside Viva Energy as one of Australia’s largest fuel retailers with about 1,300 outlets each.
- EG Group is divesting these non-core assets amid a plunge in pre-tax profits from US$1.4 billion to US$10 million last year and seeks to reduce US$5.3 billion in net debt.
- The transaction remains subject to regulatory approval, and Ampol may need to divest some sites to address competition concerns.
- Everest Group, Ltd. held its Annual General Meeting on May 14, 2025, during which shareholders voted on several key corporate actions, including director elections and by-law amendments.
- The meeting approved the election of nine directors, appointed KPMG as the independent auditor for FY 2025, and endorsed the 2025 Employee Stock Purchase Plan along with an advisory vote on the 2024 executive compensation.
- Strong operational performance with Net Operating Income of $276 million and net investment income of $491 million delivering robust Q1 2025 results .
- Capital management was enhanced through a $200 million share repurchase, reinforcing shareholder value .
- A diversified portfolio achieved a total gross written premium of $8.7 billion and reinsurance premiums of $3.2 billion, underscoring its dual focus on insurance and reinsurance .
- Earnings were impacted by significant catastrophic events—including California wildfire losses and substantial aviation losses—resulting in a combined ratio of 102.7% .
- Key performance metrics include an attritional combined ratio of 90.2% and an annualized Total Shareholder Return of 5.6%, reflecting disciplined underwriting .
- Total group written premiums remained steady at $4.4 billion amid strategic reductions in U.S. casualty lines and robust growth in property and specialty segments .