EG 📈 Everest - Overview

Everest Group Ltd is a global provider of reinsurance and insurance products, operating through two primary segments: Insurance and Reinsurance. The company's Reinsurance segment focuses on writing property and casualty reinsurance, as well as specialty lines of business, primarily through reinsurance brokers and direct relationships with ceding companies in key markets such as the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. This segment enables the company to manage risk and provide coverage to a diverse range of clients across the globe.

The Insurance Operations segment, on the other hand, is responsible for writing property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in a broad geographic footprint that spans the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Chile, the United Kingdom, Ireland, and the Netherlands. This segment allows the company to offer a wide range of insurance products to clients, from commercial property and casualty insurance to specialty lines such as accident and health, sports and entertainment, and surety and credit. Additionally, the company provides marine and aviation insurance, as well as structured and property hybrid solutions, catering to the complex needs of its clients.

Everest Group Ltd also offers a variety of reinsurance products, including treaty and facultative reinsurance, admitted and non-admitted insurance products, and other specialized solutions. The company's commercial property and casualty insurance products are distributed through a network of wholesale and retail brokers, surplus lines brokers, and program administrators, ensuring that its products reach a broad audience. With a history dating back to 1973, Everest Group Ltd has established itself as a reputable player in the global insurance and reinsurance industry, with its headquarters located in Hamilton, Bermuda, and a web presence at https://www.everestglobal.com. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol EG, with the ISIN code BMG3223R1088, and is classified under the GICS Sub Industry of Reinsurance.