Everest shifts to $301mn Q3 UW gain as pre-tax cat losses plummet 79% to $175mn

Everest moved to a $301mn pre-tax underwriting gain in the third quarter from a $367mn loss last year, driven by a 79 percent reduction in pre-tax cat losses to $175mn and 120bps of improvement in the firm’s attritional loss ratio to 59 percent.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com