Everest Re to raise $1bn from debt issue
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.
Everest Re, Q1, 2020 results, Insurance, Reinsurance, Coronavirus, Juan Andrade, Bermuda