Everest Group Appoints Lisa Davis as Head of North America Wholesale & Specialty
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy EG?
Everest Group announced the appointment of Lisa Davis as Head of North America, Wholesale & Specialty. Ms. Davis will lead Everest's North America Wholesale & Specialty business, overseeing underwriting strategy, distribution, and portfolio management across the region. She will report to Jason Keen, EVP and CEO of Global Wholesale & Specialty, and serve as a key member of his leadership team. Most recently, she led the build-out and expansion of Canopius' U.S. business, delivering sustained profitable growth while significantly scaling the platform.
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Analyst Views on EG
Wall Street analysts forecast EG stock price to rise
9 Analyst Rating
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 351.520
Low
310.00
Averages
364.14
High
430.00
Current: 351.520
Low
310.00
Averages
364.14
High
430.00
About EG
Everest Group, Ltd. is a Bermuda-based global company engaged in underwriting activities. It provides property, casualty, and specialty reinsurance, and insurance products. The Company conducts its principal business through its Reinsurance and Insurance reportable segments. The Reinsurance Segment underwrites property and casualty reinsurance and specialty lines globally. It operates using both treaty and facultative reinsurance models. Treaty reinsurance involves covering a portfolio of risks under a pre-agreed arrangement, while facultative reinsurance provides coverage for individual risks that are negotiated separately. The Insurance segment underwrites property and casualty insurance and conducts its business through wholesale and retail brokers, surplus lines brokers, and program administrators. Its operations in more than 100 countries across six continents. The Company underwrites reinsurance through both brokers and direct arrangements with ceding companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Enhanced Capital Management: The company raised its quarterly minimum share buyback to $300 million, reflecting management's view of undervalued stock and commitment to shareholder returns, with potential for further repurchases in the future.
- Strategic Shift: Everest is transitioning towards higher-margin specialty insurance products, with an 18% decline in gross written premiums, yet improved overall underwriting results, showcasing the company's adaptability in adverse conditions.
See More
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- Strong Financial Performance: Everest Group reported operating income of $648 million in Q1 2026, despite facing $130 million in catastrophe losses, including a $58 million provision for the Iran conflict, indicating robust performance in core businesses and investment income.
- Decline in Premium Income: The total gross written premium for the quarter was $3.6 billion, an 18% year-over-year decrease, primarily due to the completed exit from the commercial retail insurance business, reflecting strategic decisions to adjust business structure for improved profitability.
- Increased Share Buyback Plan: The company raised its quarterly share repurchase floor from $200 million to $300 million, signaling management's confidence in future cash flows and shareholder returns, which is expected to further bolster investor confidence.
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See More
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