Everest Group, Ltd. (EG) Covered Calls
Everest Group Ltd. is a leading global provider of reinsurance and specialty insurance solutions. With a 50-year track record of disciplined underwriting, the firm operates through two primary segments: Reinsurance and Insurance. Everest provides a wide range of property, casualty, and specialty products across a global platform. Recently, the company has sharpened its focus on high-margin wholesale and specialty lines while leveraging its robust balance sheet and investment portfolio.
You can sell covered calls on Everest Group, Ltd. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for EG (prices last updated Fri 4:16 PM ET):
| Everest Group, Ltd. (EG) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 338.03 | +1.91 | 312.69 | 348.00 | 451K | 25 | 14 |
| Covered Calls For Everest Group, Ltd. (EG) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 340 | 2.10 | 345.90 | -1.7% | -77.6% | |
| Mar 20 | 340 | 7.30 | 340.70 | -0.2% | -2.0% | |
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Everest Group Ltd. is a premier global underwriting leader in the property and casualty (P&C) market. Historically known as a powerhouse in the reinsurance space, the company rebranded from Everest Re to Everest Group in 2023 to reflect its expanded global footprint and growing primary insurance operations. The company is characterized by a "culture of ownership," high capital efficiency, and a diversified portfolio that allows it to navigate complex risk environments. In 2025, the group executed a strategic reset by exiting the retail commercial insurance business to double down on wholesale and specialty lines where it holds a significant competitive advantage.
Core Business and Products
The company generates value through two deeply integrated segments:
- Reinsurance: One of the world’s largest reinsurance operations, providing treaty and facultative coverages for property, casualty, specialty, and financial lines. This segment remains the company’s primary profit engine, consistently delivering strong combined ratios due to disciplined catastrophe risk management.
- Insurance: Focuses on global specialty lines, including professional liability, environmental, energy, and accident & health. The firm has expanded this segment into key international markets including Italy, Australia, and Mexico.
- Mt. Logan Capital Management: A specialized third-party capital platform that allows Everest to manage alternative capital, providing additional capacity for the reinsurance market while generating fee income.
Competitive Landscape
Everest operates in an elite tier of global risk takers. In the reinsurance sector, its primary rivals include RenaissanceRe and Reinsurance Group of America, as well as European giants like Munich Re and Swiss Re. In the primary specialty insurance market, it competes with Chubb and Arch Capital Group. Everest differentiates itself through its "nimble giant" approach—maintaining the scale and A+ rated balance sheet of a major global player while retaining the agility to pivot into emerging high-yield lines, such as cyber insurance and AI-related risk solutions, faster than its more bureaucratic peers.
Strategic Outlook and Innovation
The strategic roadmap for 2026, titled "The Focused Advantage," centers on maximizing underwriting profitability and returning capital to shareholders. A major area of innovation is the integration of advanced AI and data analytics into the "Everest Intelligence" platform to refine risk selection and catastrophe modeling. Following its 2025 divestitures, the company is targeting total shareholder returns of over 17% through 2026, supported by an aggressive share repurchase program with a quarterly floor of $200 million. Strategic efforts are underway to modernize global operations through a $150 million digital transformation initiative. By maintaining a fortress balance sheet and a sharpened focus on wholesale specialty lines, the group aims to deliver superior, risk-adjusted returns across all market cycles.
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