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Everest Group Strengthens Reserves with New Agreements

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Everest Group Strengthens Reserves with New Agreements

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An update from Everest Group ( (EG) ) is now available.

On October 26, 2025, Everest Reinsurance Company and its Bermuda subsidiary entered into adverse development reinsurance agreements with State National Insurance Company and MS Transverse Insurance Company, effective October 1, 2025. These agreements, supported by Longtail Re, cover risks from Everest’s North American Insurance portfolio for years 2024 and prior, with a total statutory reserve of over $5.3 billion. The agreements aim to strengthen Everest’s reserves and enhance its risk capacity, providing $1.2 billion of protection against future adverse reserve development. The transaction is expected to optimize capital efficiency and deliver greater value to clients and shareholders.

The most recent analyst rating on (EG) stock is a Buy with a $424.00 price target. To see the full list of analyst forecasts on Everest Group stock, see the EG Stock Forecast page.

Spark’s Take on EG Stock

According to Spark, TipRanks’ AI Analyst, EG is a Outperform.

Everest Group’s overall stock score is driven by its stable financial position and strong earnings call performance, highlighting resilience and strategic focus. While technical indicators are neutral, the fair valuation and attractive dividend yield add to the stock’s appeal. Challenges in profitability and insurance segment performance are areas to watch.

To see Spark’s full report on EG stock, click here.

More about Everest Group

Everest Group, Ltd. is a global underwriting leader providing property, casualty, and specialty reinsurance and insurance solutions. With a 50-year track record of disciplined underwriting, capital, and risk management, Everest is committed to serving colleagues, customers, shareholders, and communities worldwide. The company is a component of the S&P 500 index.

Average Trading Volume: 322,843

Technical Sentiment Signal: Buy

Current Market Cap: $14.64B

Find detailed analytics on EG stock on TipRanks’ Stock Analysis page.

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