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Everest Group (US:EG) — Company Overview, News & Financial Data

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Company profile

Everest Group

About

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Everest Group (NYSE:EG), formerly known as Everest Re Group, is a global provider of reinsurance and insurance solutions. They act as a financial backstop for other insurance companies by taking on a share of their risks (reinsurance), while also offering commercial property and casualty insurance directly to businesses. Headquartered in Bermuda, Everest Group has consistently paid a reliable dividend to investors.

Snapshot

Public USOwnership
1973Year founded
3788Employees
Hamilton, BermudaHead office
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Global footprint

Operations

All Locations

Products and/or services of Everest Group

  • Treaty Reinsurance: This involves long-term agreements between Everest Group and other insurance companies, where Everest takes on a share of the risk for specific types of insurance policies in exchange for a premium.
  • Facultative Reinsurance: This involves placing coverage for individual risks, often for large or complex situations, on a short-term basis.
  • Property & Casualty Reinsurance: This covers risks associated with physical damage to property and liability claims arising from accidents, injuries, or lawsuits.
  • Specialty Lines Reinsurance: This covers various niche insurance markets beyond traditional property and casualty, such as aviation, marine, cyber, and professional liability.
  • Commercial Property & Casualty Insurance: This provides direct insurance coverage to businesses for losses or damages to their property and assets, as well as liability claims.
  • Admitted & Non-Admitted Insurance: Everest offers both admitted insurance, which is licensed and regulated by each state, and non-admitted insurance, which is offered through surplus lines brokers and not subject to specific state regulations.

Everest Group executive team

  • Mr. James Allan WilliamsonCEO, President & Director
  • Mr. Mark Kociancic C.F.A.Executive VP & Group CFO
  • Mr. Dean BrownExecutive Vice President of Group Operations & IT
  • Mr. Robert Joseph FreilingSenior VP & Chief Accounting Officer
  • Mr. Brian Lee BednerHead of Corporate Finance
  • Mr. Srini MaddineniGroup Chief Information Officer
  • Mr. Matthew Jay RohrmannSenior VP & Head of Investor Relations
  • Mr. Anthony VidovichExecutive VP & General Counsel
  • Ms. Dawn LauerChief Communications Officer
  • Ms. Gail M. Van BeverenInterim Chief Human Resources Officer