Everest Re to continue shift away from cat volatility: Andrade
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Everest Re to continue shift away from cat volatility: Andrade

Rachel Dalton
October 28, 2021
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Everest Re has significantly reduced its exposure to peak cat zones in the past three years and is plowing into casualty treaty as it looks to capitalize on surging primary rates, according to management.

On a call to discuss the carrier’s Q3 results today, CEO Juan Andrade said that the business’s work to diversify its book and reduce volatility, begun in 2017, had helped to reduce its exposure to events such as Hurricane...

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