Everest Re’s CoR falls 4.1 points, driven by $110mn cat loss reduction
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Everest Re’s CoR falls 4.1 points, driven by $110mn cat loss reduction

Kyoung-son Song
February 08, 2023
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Everest Re’s combined ratio for Q4 2022 improved 4.1 points to 87.8%, largely driven by a $110mn reduction year-on-year on its pre-tax catastrophe losses.

The Bermudian reported $15mn of pre-tax cat losses for the quarter, attributing them to Winter Storm Elliott. This compares to the $125mn in cat losses it reported for Q4 2021.

The

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NewsResultsBermudaEverestClaims and lossesEarnings
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Kyoung-son Song
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