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

Bermuda-based re/insurer Everest Re Group is expecting $150 million net first party losses (pre-tax) from COVID-19-related claims activity. Chief executive Juan Andrade highlighted that the company's "capital position remains a source of strength" during the pandemic.

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Everest Re, Coronavirus, Insurance, Reinsurance, Claims, Q1, Results 2020, Juan Andrade, Bermuda

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