4 - EVEREST GROUP, LTD. (0001095073) (Issuer)

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 Group, Ltd. (Bermuda) (NYSE:EG) (collectively referred to as Everest) remain unchanged following the recent earnings release and associated $1.7 billion of net reserve strengthening reported. Additionally, AM Best has commented that the Long-Term ICRs of "a-" (Excellent) of Everest Group, Ltd. and Everest Reinsurance Holdings, Inc. (Delaware), and the Long-Term Issue Credit Ratings (Long-Term IR) of Everest Reinsurance Holdings, Inc. remain unchanged as well. The outlook of these Credit Ratings (r

Annual Net Income of $1.4 billion and Net Operating Income of $1.3 billion Decisive Actions to Fortify Reserves in U.S. Casualty Lines Everest Group, Ltd. (NYSE:EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its fourth quarter 2024 results. Full-Year 2024 Highlights Total Shareholder Return of 9.2%1; 9.6% Net Income ROE and 9.0% Operating Income ROE $18.2 billion in gross written premium with year-over-year growth of 9.1% for the Group, 12.2% for Reinsurance, and 4.0% for Insurance on a comparable basis Combined ratios of 102.3% for the Group, 89.7% for Reinsurance and 130.7% for

Everest Group, Ltd. (NYSE:EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced preliminary financial results in advance of its full year and quarterly earnings to be released on February 3, 2025. The Company expects to report full-year 2024 net income in the range of $1.3 billion to $1.4 billion and non-GAAP net operating income in the range of $1.2 billion to $1.3 billion. The above results are inclusive of unfavorable development of prior-year loss reserves of $1.5 billion. After current accident year strengthening of $229 million, total strengthening is $1.7 billion for the full-year and fourt

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that its Board of Directors has appointed Jim Williamson as President and Chief Executive Officer, effective immediately. "Over the past four years, Jim has consistently demonstrated sound judgement and value creation at Everest, earning the respect of his colleagues and the Board," said Chairman of the Board Joseph Taranto. "Jim's extensive industry experience, deep knowledge of the Company and outstanding performance make him the right person to lead the next chapter for Everest." Mr. Williamson was most recently Everest's Acti

Appoints Jim Williamson Acting Chief Executive Officer President and CEO Juan C. Andrade Departs Company Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer, has been named Acting CEO, and accordingly has joined Everest's Board of Directors, both with immediate effect. Juan C. Andrade, who has served as President and CEO since 2020, has stepped down from his role to pursue a new position as CEO of a prominent financial services firm. "The Board of Directors has great confidence in Jim and is pleased

Everest Group, Ltd. ("Everest") (NYSE:EG) will hold its fourth quarter 2024 earnings conference call on Tuesday, February 4, 2025, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10194347/fdef577ba3 The call can be accessed via a live, listen only webcast at www.investors.everestglobal.com where a replay of the call will also be available. Everest will release financial results on February 3, 2025 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.investors.everestglobal.com. About Everest Everest is a global und

Everest Group, Ltd. announced that its Board of Directors approved an increase of 10 million shares in its share repurchase authorization. In addition, the Company announced that its Board of Directors declared a dividend of $2.00 per common share. This dividend will be payable on or before December 13, 2024 to all shareholders of record as of November 27, 2024. About Everest Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its

Net Income of $509 million and Net Operating Income of $630 million Total Shareholder Return1 of 19.4% Annualized YTD 17.8% Net Income ROE and 18.7% Net Operating Income ROE Everest Group, Ltd. (NYSE:EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its third quarter 2024 results. Third Quarter 2024 Highlights Total Shareholder Return of 19.4% annualized; Annualized year-to-date 17.8% Net Income ROE and 18.7% Net Operating Income ROE Net Income of $509 million; Net Operating Income of $630 million driven by attritional underwriting margin improvement and solid net investment income generati

Ryan Specialty (NYSE:RYAN), a leading international specialty insurance firm, is pleased to announce that today it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. ("EverSports") from the Everest Group, Ltd. (NYSE:EG) group of companies. EverSports is a managing general underwriter focused on sports, leisure and entertainment ("SLE") risks and is based in Carmel, Indiana. Founded in 2013, EverSports is a leader in the SLE insurance industry with broad diversification across the various SLE sub-classes (amusement facilities, amateur sports, touring artists, etc.). The relevant business will join Alive Risk, Ryan Specialty's existing SLE facility,

Everest Group, Ltd. ("Everest") (NYSE:EG) will hold its third quarter 2024 earnings conference call on Thursday, October 31, 2024, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form available at: https://dpregister.com/sreg/10191741/fd4508573c The call can be accessed via a live, listen only webcast at www.everestglobal.com/Investors where a replay of the call will also be available. Everest will release financial results on October 30, 2024 after the NYSE market close. At that time, Everest's earnings release and financial supplement will be made available at www.everestglobal.com/Investors. About Everest Everest is a global underwri

SC 13G - EVEREST GROUP, LTD. (0001095073) (Subject)

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that its Board of Directors has appointed Jim Williamson as President and Chief Executive Officer, effective immediately. "Over the past four years, Jim has consistently demonstrated sound judgement and value creation at Everest, earning the respect of his colleagues and the Board," said Chairman of the Board Joseph Taranto. "Jim's extensive industry experience, deep knowledge of the Company and outstanding performance make him the right person to lead the next chapter for Everest." Mr. Williamson was most recently Everest's Acti

Appoints Jim Williamson Acting Chief Executive Officer President and CEO Juan C. Andrade Departs Company Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer, has been named Acting CEO, and accordingly has joined Everest's Board of Directors, both with immediate effect. Juan C. Andrade, who has served as President and CEO since 2020, has stepped down from his role to pursue a new position as CEO of a prominent financial services firm. "The Board of Directors has great confidence in Jim and is pleased

Ryan Specialty (NYSE:RYAN), a leading international specialty insurance firm, is pleased to announce that today it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. ("EverSports") from the Everest Group, Ltd. (NYSE:EG) group of companies. EverSports is a managing general underwriter focused on sports, leisure and entertainment ("SLE") risks and is based in Carmel, Indiana. Founded in 2013, EverSports is a leader in the SLE insurance industry with broad diversification across the various SLE sub-classes (amusement facilities, amateur sports, touring artists, etc.). The relevant business will join Alive Risk, Ryan Specialty's existing SLE facility,

Everest Group, Ltd. (NYSE:EG) has named industry leader Bill Hazelton Executive Vice President of Everest Insurance® & President of North America Insurance. Mr. Hazelton most recently served as Head of US Retail Casualty and Industry Practices for Everest Insurance®. Prior to Everest, Mr. Hazelton spent three decades in various leadership roles across underwriting, claims and distribution at large insurance organizations including Chubb, where he was Head of North America Industry Practices and Head of North America Claims. "Bill is a highly accomplished and respected leader with a proven record of delivering results," said Jim Williamson, Everest Group Chief Operating Officer. "In addi

Mike Karmilowicz Appointed to Chairman, Everest Global Insurance Everest Group, Ltd. (NYSE:EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Jim Williamson has been promoted to lead Everest's reinsurance and insurance businesses. "Jim is an excellent executive, a multi-faceted operator, and consummate underwriter with a record of building best in class businesses," said Juan C. Andrade, Everest President & CEO. "Jim has been a valuable partner in driving Everest's transformation to the world class company we are today. As we continue to expand, diversify and scale Everest's global platfor

Everest Group, Ltd. ("Everest") (NYSE:EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced Glen Browne has been appointed to Global Head of Accident & Health ("A&H"), effective immediately. Mr. Browne will continue to report to Adam Clifford, co-lead of Everest Insurance International®. "Glen's appointment underscores Everest's commitment to the A&H market, and the global businesses who need our protection to thrive in the heightened risk environment," said Mike Karmilowicz, President and CEO of Everest Insurance®. "We have significantly augmented our offering with outstanding talent and innovative