NYSE:EGInsurance
Everest Group Weighs Earnings Miss Against Leadership Shift And Buybacks
Everest Group (NYSE:EG) reported fourth quarter profits that fell short of Wall Street earnings expectations, affected by underwriting challenges and a recent business divestiture.
The company announced changes to its senior leadership team, bringing in new executives to guide its next phase of development.
Everest Group also advanced its capital return plans through an accelerated share repurchase program.
Everest Group operates as a global insurance and reinsurance provider, a sector...