Everest Re CoR improves 0.2 points despite $600mn Ian loss
Everest Re’s combined ratio for the third quarter improved by 0.2 points to 112.0%, despite higher underwriting losses due to Hurricane Ian and other cat events.
The Bermudian’s operating loss per share grew nearly four times from the prior-year period to $5.28 per share, driven by an active catastrophe quarter and volatile market conditions.
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