Everest Re profits nosedive 71% in Q4 but remains 'resilient'

09-02-2021

Everest Re profits nosedive 71% in Q4 but remains 'resilient'

Bermuda-based Everest Re's profits more than halved in both the fourth quarter and full-year of 2020, driven by catastrophe and pandemic-related losses in both insurance and reinsurance segments. Its chief executive Juan Andrade, however, insisted the business remains resilient and enters 2021 with "great momentum".


Everest Re, 2020 Results, Q4, insurance, Reinsurance, Juan Andrade, Bermuda

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