Everest reports $1.7bn casualty-driven adverse development ahead of Q4 earnings
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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.

By Jairo Ibarra
January 27, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
everest logo.png

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

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

News Bermuda Results Casualty/GL Everest Reinsurance
Gift this article