Everest CEO says “decisive” $1.7bn reserve action “turns the page” on US casualty issues

By David Bull

Published: Tue 28 Jan 2025

Jim Williamson has said Everest will return every casualty account to target profitability in one renewal or get off the account, as he acknowledged the carrier’s underwriting choices contributed significantly to “unacceptable” results and added that the decisive action it is now taking “turns the page” on the issue.