Everest reports $1.7bn casualty-driven adverse development ahead of Q4 earnings
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Everest reports $1.7bn casualty-driven adverse development ahead of Q4 earnings

The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.

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Everest Group has recorded pre-tax unfavorable reserve development of over $1.7bn ahead of its Q4 earnings report due February 3, driven by $1.5bn

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