Everest Re CoR improves 0.2 points despite $600mn Ian loss
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Everest Re CoR improves 0.2 points despite $600mn Ian loss

Kyoung-son Song
October 26, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
everest logo bermuda hamilton 2023 2.png

Everest Re’s combined ratio for the third quarter improved by 0.2 points to 112.0%, despite higher underwriting losses due to Hurricane Ian and other cat events.

The Bermudian’s operating loss per share grew nearly four times from the prior-year period to $5.28 per share, driven by an active catastrophe quarter and volatile market conditions.

Pre-tax

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsResultsEverestEarnings
headshot template (23).png
Kyoung-son Song
Senior Reporter
Contact
Gift this article