An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.
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Latest everest re news
'Talent remains core to the Everest strategy,' says Mike Mulray, COO and CUO at the insurer.