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Everest Group's New Management Team Needs To Take These 'Bold Steps': Analyst
Friday, January 10, 2025 - 11:54am | 329After the CEO change at Everest Group Ltd. (NYSE:EG), the new management team needs to take bold steps, like setting lower expectations and put in efforts to ensure the stock produces results more consistently, according to BMO Capital Markets. The Everest Group Analyst: Analyst Michael Zaremski...
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This American International Analyst Is No Longer Bullish On Soft Pricing Power
Tuesday, October 15, 2024 - 11:17am | 302Shares of American International Group Inc (NYSE:AIG) have been in focus due to the impact of Hurricane Helene on insurers. Conversations with corporate risk managers suggest that pricing power among insurers in the large employer marketplace remains “soft,” according to BMO Capital...
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AIG's Resilient Hyperinflation Strategy Leads To Analyst Upgrade
Tuesday, December 19, 2023 - 12:49pm | 315Shares of American International Group Inc (NYSE: AIG) have climbed almost 20% over the past six months. American International Group’s reserves have fared better than expected over the past two hyperinflationary years, as the company offers around 33% lower insurance policy limits, according...
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UPDATE: Credit Suisse Upgrades Marsh & McLennan Companies on New Valuation Framework
Wednesday, October 16, 2013 - 12:48pm | 130In a report published Wednesday, Credit Suisse analyst Michael Zaremski upgraded the rating on Marsh & McLennan Companies (NYSE: MMC) from Neutral to Outperform, and raised the price target from $45.00 to $48.00. In the report, Credit Suisse noted, “We are upgrading shares of Marsh &...
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UPDATE: Credit Suisse Downgrades Validus Holdings on Transformative Period
Friday, June 21, 2013 - 9:11am | 118In a report published Friday, Credit Suisse analyst Michael Zaremski downgraded Validus Holdings (NYSE: VR) from Outperform to Neutral, and lowered the price target from $40.00 to $38.00. In the report, Credit Suisse noted, “Prop-CAT reinsurers are in the midst of a transformative period...