Everest Re hit by cat losses & Ukraine; claims big step to low-cat book

28-07-2022

Everest Re hit by cat losses & Ukraine; claims big step to low-cat book

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Everest Re suffered a slight uptick in its second quarter combined ratio on a surge in cat losses and the group’s initial reserves for the Ukraine war, but lauded “excellent progress” towards its goals of reducing reliance on catastrophe lines while holding a 15% operating return on equity.


Everest Re, Cat Losses, Catastrophe, Europe, Insurance, Reinsurance

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