Everest Re profits nosedive 95% in Q1 but remains 'resilient'

Juan Andrade, president and ceo, Everest Re

Bermuda-based global re/insurer Everest Re Group saw a 95 percent decline in its profits in the first quarter of 2020, mainly attributed to losses related to COVID-19. Despite the impacts of the pandemic, the company still managed to deliver a small profit.

The rest of this article is locked. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.

To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.

For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk

Everest Re, Q1, 2020 results, Insurance, Reinsurance, Coronavirus, Juan Andrade, Bermuda

More on this story

Everest Re to raise $1bn from debt issue
06-10-2020

Everest Re CEO highlights 'strong forward momentum' after H1 profit plunges
06-08-2020

Everest Re 'resilient' despite $150m Q1 COVID-19 losses
24-04-2020

COVID-19 crisis overshadows Lloyd’s strong 2019 results
27-03-2020

Everest Re profits nosedive 95% in Q1 but remains 'resilient'

More on this story

Other related

More on this story

Sign up for the newsletter