Insider Purchases: Inside the Buy

Tag: Adverse Development Cover

Everest Group investor snapshot—director buys near $306–$307, $1.2B adverse development cover, AIG renewal-rights sale, catastrophe-risk radar, and ~1.0x P/B valuation.

Two Directors Bought Shares of Everest Group (EG) Cheaper Than the CEO Did 6 Months Ago: Will Buying Now Culminate in Profits?

Two Everest Group directors just bought stock around $306–$307—below the CEO’s June buy—while the company cleans house with a $1.2B adverse development cover and a renewal-rights sale to AIG. Institutions own essentially all the float, short interest is low, and forward P/E looks cheap. Here’s the risk/reward.

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Tags: Adverse Development Cover, AIG, Bermuda, Buy Everest Group Stock Or Not, Catastrophe Risk, CEO Buys, CEO Conviction, CEO insider buying, CEO Stock Purchase, CEOBuyIn, CEOConfidence, DIrector Buying, Director Insider Buying, Dividend, Dividends & Buybacks, EG, Everest Group, Funanc1al edge, Funanc1al humor, Funanc1al Investing, Insider Purchases, Institutional Ownership, Insurance, Reinsurance, Risk Management, Specialty Insurance, Valuation