Canadian Underwriter

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Everest Re Group Ltd.

News CatastrophesEarnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Combined ratio down 4.6 points for Everest Re

July 25, 2017 by Canadian Underwriter

Everest Re Group Ltd. reported Monday catastrophe losses, net of reinsurance, of $53.5 million in the three months ending June 30, with a 4.6-point improvement in its Q2 combined ratio to 90.5%. All figures are in United States dollars. Hamilton,

News Earnings / RatingsInsuranceMarkets / CoveragesReinsurance

Everest Re’s combined ratio improves five points to 85.6% in Q3 2016

October 27, 2016 by Canadian Underwriter

Hamilton, Bermuda-based Everest Re Group, Ltd. has reported a combined ratio for the third quarter of this year of 85.6%, a five-point improvement from 90.6% in the same quarter of 2015. Excluding catastrophe losses, reinstatement premiums and prior period loss

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Q2 combined ratio climbs 7.1 points for Everest Re after Alberta wildfire, Texas hail, Ecuador quake

July 26, 2016 by Canadian Underwriter

Everest Re Group Ltd. announced Monday that the net impact of three catastrophes – including the Fort McMurray wildfire – was $105.4 million in the three months ending June 30. “Catastrophe losses, net of reinsurance, amounted to $123.8 million in

News CatastrophesEarnings / RatingsInsuranceMarkets / CoveragesMergers and Aqcuisitions

Everest Re Group’s net income almost halved to US$171.7 million in 2016 Q1 from prior-year quarter

April 26, 2016 by Canadian Underwriter

Net income available to common shareholders of Everest Re Group Ltd. was US$171.7 million in the first quarter of 2016 compared to US$323.0 million in the same quarter of 2015, the company reported Monday. The after-tax operating income available to