Nepal has mandated one mountain guide for every two climbers on peaks over 8,000 meters, like Mt Everest. The regulation aims to improve safety. Additionally, climbing royalties have increased, ...

Nepal has officially banned solo expeditions to all mountains above 8,000 meters, including Mount Everest, by amending its ...

Everest has reported a record net investment income of around $2 billion in its full-year 2024 results, with gross written ...

Every year, hundreds of mountaineers try to reach the top of Mount Everest, the 29,032-foot-tall peak on the border of Nepal ...

Reinsurer Everest Group swung to a fourth-quarter loss on Monday, hit by a one-time charge tied to loss reserves in its U.S. casualty lines business.

This was a pivotal year for Everest as we took decisive action to fortify our U.S. casualty reserves, solidify our franchise value, and raise ...

Despite property catastrophe reinsurance prices falling between 5% and 15% for loss free programmes at the January 1st, 2025, ...

The price of a permit to climb the world’s highest peak will rise 36 percent later this year. Guides believe that climbers ...

As of September, everyone on the mountain must be accompanied by an expert guide, improving safety but potentially ...

Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ETCompany ParticipantsMatthew Rohrmann - Senior Vice President ...

Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more ...

Everest Group Ltd. reported US$1.7 billion in unfavorable prior-year casualty loss development as part of its preliminary ...