Everest Q1 pre-tax cat losses narrow to $110mn on limited US exposure
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Everest Q1 pre-tax cat losses narrow to $110mn on limited US exposure

Kyoung-son Song
May 01, 2023
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Everest reported Q1 pre-tax catastrophe losses of $110mn, compared to $115mn for the same period last year, driven by the Turkey earthquake and New Zealand floods and cyclone.

Most of the losses were sustained by the reinsurance segment, which reported $108mn in pre-tax cat losses, compared with $110mn in the prior-year period.

The

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Kyoung-son Song
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