Everest underwriting income rises 60% to $45mn, despite $270mn in cat losses
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Everest underwriting income rises 60% to $45mn, despite $270mn in cat losses

James Thaler
April 28, 2021
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Everest Re grew gross written premiums by 14% in the first quarter—backed by 16% growth in reinsurance and a 10% pickup in insurance—as it grew underwriting income to $45mn, despite $270mn in catastrophe losses.

The company reported $6.49 in operating income per share Wednesday, an advance from the $4.03 in income generated last year, and outpacing the $4.61

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James Thaler
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