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Everest Re expects to incur $100 million of estimated catastrophe losses, net of reinsurance recoverables and reinstatement premiums, in the first quarter of 2018, as industry loss estimates for both the Northern and Southern California wildfire events have risen dramatically since the first estimates, according to the company.
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Everest Re, California wildfire, Catastrophe losses, Bermuda, North America, Insurance, Reinsurance
