Everest: $392mn casualty reserves ‘close the book’ on soft-year losses
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Everest: $392mn casualty reserves ‘close the book’ on soft-year losses

The carrier said it has acted prudently on 2016-19 GL loss trends.

By Rachel Dalton
February 08, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Everest_1.png

Everest Group’s decision to take a $392mn reserve charge in Q4 in relation to its casualty insurance portfolio will “close the book” on 2016-19 losses, according to the company’s CFO.

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? Log in now

Topics

NewsCasualty/GLResultsEverestEarnings
Gift this article