Everest (EG)
Search documents
IntouchAI by IntouchCX Named a Major Contender in Everest Group's Conversational AI and AI Agents in CXM Products PEAK Matrix® Assessment 2025
Businesswire· 2025-12-23 19:06
WINNIPEG, Manitoba--(BUSINESS WIRE)--IntouchCX, a global leader in customer experience management and automation, announced that IntouchAI, and its solution suite, has been named a Major Contender in the Everest Group Conversational AI and AI Agents in CXM Products PEAK Matrix® Assessment 2025. This distinction highlights IntouchAI's technology maturity, architectural depth, and ability to operationalize Conversational AI and AI Agents at enterprise scale across the customer and agent lifecycle. ...
How Is Everest Group's Stock Performance Compared to Other Insurance Stocks?
Yahoo Finance· 2025-12-12 08:54
Core Viewpoint - Everest Group, Ltd. has experienced significant stock price declines and disappointing financial performance, raising concerns about its operational efficiency and market position [3][4][5][6]. Company Overview - Everest Group, Ltd. is based in Hamilton, Bermuda, and provides reinsurance and insurance products globally, with a market capitalization of $13.2 billion [1][2]. Stock Performance - EG stock prices have decreased by 13.1% from its 52-week high of $373.23 on January 27, and have dropped 6.9% over the past three months, underperforming the iShares U.S. Insurance ETF's 1.4% increase during the same period [3][4]. - Year-to-date, EG stock has declined by 10.5%, and over the past year, it has underperformed compared to the IAK's 7.5% gains [4]. Financial Results - In Q3, Everest reported a modest year-over-year topline increase of 79 basis points to $4.3 billion, which was 2.9% below market expectations [5]. - The company's combined ratio rose to 103.4%, indicating inefficiencies in policy sales, and net operating income per share fell by 48.4% year-over-year to $7.54, missing consensus estimates by 43.7% [6]. Analyst Ratings - Among 18 analysts covering EG stock, the consensus rating is a "Moderate Buy," with a mean price target of $366.87, suggesting a potential upside of 13.1% from current levels [7].
CI&T Recognised in Everest Group's 2025 Global PEAK Matrix® Assessments for Retail and Consumer Packaged Goods Services
Businesswire· 2025-12-11 14:20
Group 1 - CI&T has been recognized by Everest Group in two additional global assessments for 2025 [1] - The assessments are for CPG Services PEAK Matrix® and Retail Services PEAK Matrix® [1]
eClerx Recognized as a Major Contender in Everest Group's Intelligent Process Automation PEAK Matrix® 2025
Businesswire· 2025-12-10 11:07
Core Insights - eClerx has been recognized as a Major Contender in the Everest Group's Intelligent Process Automation PEAK Matrix® 2025 [1] Company Summary - eClerx's recognition highlights its capabilities and positioning within the Intelligent Process Automation sector [1]
QualityKiosk Named a Leader in Everest Group's Quality Engineering (QE) Specialist Services PEAK Matrix® Assessment 2025
Businesswire· 2025-12-04 12:56
Core Insights - QualityKiosk has been recognized as a leader in the Everest Group's Quality Engineering (QE) Specialist Services PEAK Matrix® Assessment for 2025 [1] Group 1 - The recognition highlights QualityKiosk's strong position in the quality engineering services market [1] - The PEAK Matrix® Assessment evaluates service providers based on their capabilities and market impact [1] - This acknowledgment may enhance QualityKiosk's reputation and attract new clients in the competitive landscape [1]
Why Is Everest Group (EG) Up 3% Since Last Earnings Report?
ZACKS· 2025-11-26 17:31
Core Viewpoint - Everest Group's recent earnings report indicates a decline in operating income and premiums, raising concerns about future performance despite a slight increase in share price over the past month [1][3][11]. Financial Performance - Q3 2025 operating income was $7.54 per share, missing estimates by 43.7% and down 48.4% year over year [3]. - Total operating revenues reached $4.3 billion, a 0.7% increase year over year, but fell short of consensus estimates by 2.9% [4]. - Gross written premiums decreased by 1.1% year over year to $4.4 billion, with a notable decline in certain casualty lines [4]. - Net investment income was $540 million, up 8.8% year over year, exceeding estimates [5]. Claims and Expenses - Total claims and expenses rose by 9.2% to $4 billion, driven by higher incurred losses and other expenses [6]. - Underwriting loss was $130 million, contrasting with a profit of $272 million in the previous year [6]. - Pre-tax catastrophe losses were $50 million, significantly lower than the $279 million loss in the prior year [7]. Segment Performance - The Reinsurance segment's gross written premiums were $3.2 billion, down 1.8% year over year, with mixed performance across different lines [8]. - The Insurance segment generated $1.1 billion in gross written premiums, a 3.3% increase year over year, but faced declines in certain casualty lines [9]. Financial Position - Total investments and cash at the end of Q3 2025 were $45.8 billion, a 10.3% increase from the end of 2024 [10]. - Shareholder equity rose to $15.4 billion, up 10.8% year over year, with a book value per share of $366.22 [10]. - Cash flow from operations was $1.5 billion, down 16% year over year [10]. Market Sentiment - There has been a downward trend in earnings estimates for Everest Group, indicating potential challenges ahead [11][13]. - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the near term [13].
Are Wall Street Analysts Predicting Everest Group Stock Will Climb or Sink?
Yahoo Finance· 2025-11-25 09:19
Core Viewpoint - Everest Group, Ltd. has significantly underperformed the market and sector, with stock prices declining sharply following disappointing quarterly results, raising concerns about its growth prospects and earnings reliability [2][4][5]. Company Performance - Everest Group's stock has dropped 20.3% over the past 52 weeks and 14.5% year-to-date, contrasting with the S&P 500 Index's 12% returns and 14% surge in 2025 [2]. - The company's stock fell 11.4% in a single trading session after the release of Q3 results, which showed a modest topline increase of 79 basis points year-over-year to $4.3 billion, missing expectations by 2.9% [4]. - Net operating income per share decreased by 48.4% year-over-year to $7.54, falling short of consensus estimates by 43.7% [4]. Earnings Expectations - For the full fiscal year 2025, analysts project an adjusted EPS of $45.02, reflecting a 50.9% year-over-year increase, although the company has a history of disappointing earnings surprises [5]. - Everest has only surpassed bottom-line estimates once in the past four quarters, missing projections on three occasions [5]. Analyst Ratings - Among 18 analysts covering Everest Group, the consensus rating is a "Moderate Buy," consisting of five "Strong Buys," two "Moderate Buys," ten "Holds," and one "Strong Sell" [6]. - The mean price target for Everest Group is $368.53, indicating an 18.9% premium to current price levels, while the highest target of $446 suggests a potential upside of 43.9% [7].
IntouchCX Recognized as a Leader in Everest Group's Americas PEAK Matrix® Assessment 2025
Businesswire· 2025-11-24 14:00
Core Insights - IntouchCX has been recognized as a Leader in the Everest Group's Customer Experience Management (CXM) Americas PEAK Matrix® Assessment 2025, indicating its strong position in a competitive landscape [1] - This recognition reflects IntouchCX's advancements in AI-enabled innovation and its ability to deliver at an enterprise scale, showcasing its evolution beyond traditional service models [1] Company Positioning - The distinction from Everest Group highlights the maturity of IntouchCX in the customer experience sector, emphasizing its innovative capabilities and operational scale [1] - The assessment indicates that IntouchCX is adapting to an expanded market, reinforcing its leadership status in customer experience management [1]
EXL named a Leader in Everest Group's 2025 Clinical and Care Management Operations PEAK Matrix® Assessment
Globenewswire· 2025-11-20 13:23
Core Insights - EXL has been recognized as a Leader in the Everest Group's Clinical and Care Management (CCM) Operations PEAK Matrix® Assessment 2025 report, highlighting its strong position in the healthcare sector [1][2] Group 1: Company Recognition - The Everest Group evaluated 20 leading CCM operations providers, and EXL was noted for its embedded data and AI capabilities, flexible engagement model, and ability to deliver workflow improvements through technology-driven insights [2][3] - This recognition affirms EXL's vision and execution in assisting clients to achieve their goals in a complex healthcare landscape [3] Group 2: Industry Challenges - The healthcare industry is facing rising care complexity, workforce constraints, and financial risk exposure, which are increasing pressure on payers and providers [3] - As value-based care adoption accelerates, there is a growing demand for solutions that incorporate predictive risk modeling, generative AI, and intelligent automation to enhance patient outcomes and optimize clinician productivity [3] Group 3: EXL's Solutions - EXL addresses industry challenges by embedding data and AI across care management, unifying data, and orchestrating utilization and case management workflows to expedite decision-making and close care gaps [2][3] - The company's flexible engagement model, global delivery network, and clinically trained teams enhance its capabilities in population health and quality improvement [2][3] Group 4: Evaluation Framework - The Everest Group's PEAK Matrix® framework measures market impact and successful solution delivery, classifying service providers into Leaders, Major Contenders, and Aspirants based on their market adoption, service scope, innovation, and delivery footprint [2]
Gary Haase to Join Everest as EVP, CEO of Legacy Operations
Businesswire· 2025-11-17 21:15
Core Viewpoint - Everest Group, Ltd. has appointed Gary Haase as Executive Vice President and CEO of Legacy Operations, effective December 1, 2025, indicating a strategic leadership change within the company [1] Company Developments - The appointment of Gary Haase is part of Everest's efforts to strengthen its executive leadership team [1] - Haase will report directly to Jim Williamson, the President and CEO of Everest [1] - This leadership change follows Everest's recent $2 billion renewal rights sale of its commercial operations, highlighting the company's active management of its portfolio [1]