Everest Group appoints Laura Hay to board of directors

HAMILTON, Bermuda - Everest Group, Ltd. (NYSE:EG), a $14.4 billion market cap insurance giant with annual revenue of $17.7 billion, announced Wednesday the appointment of Laura Hay as an independent, non-executive member of its Board of Directors.

Hay brings over 30 years of experience in insurance and financial services. Prior to her retirement in 2023, she served as Global Head of Insurance at KPMG LLP, where she led a team of 10,000 professionals across 90 countries. During her three-decade tenure at KPMG, Hay held various executive leadership positions spanning audit, advisory, and actuarial services, and was a member of the firm’s Corporate and Foundation Boards.

"Laura brings an unprecedented level of experience dealing with the complex risk, regulatory, capital market and accounting issues inherent in a global insurance platform," said John Graf, Everest Chairman, in a press release statement.

Hay currently serves on the boards of MetLife, Inc. and Girl Scouts of Greater New York. She holds a B.S. in Mathematics and Statistics from the University of California, Berkeley, and is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

Everest Group provides property, casualty, and specialty reinsurance and insurance solutions globally. The company’s common stock is a component of the S&P 500 index.

In other recent news, Everest Group Ltd reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $16.1, which was higher than the forecasted $14.84, marking an 8.49% positive surprise. Revenue also outperformed projections, coming in at $4.49 billion compared to the anticipated $4.41 billion. These results reflect positively on Everest Group Ltd’s financial performance and investor confidence. Additionally, the earnings announcement had a favorable impact on the company’s stock in after-hours trading. These developments indicate a solid quarter for Everest Group Ltd, with both earnings and revenue exceeding market expectations. Investors are likely to view these results as a sign of the company’s strong operational performance. Everest Group Ltd’s recent achievements highlight its ability to deliver above-market results.

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