Portfolio remediation curbed Everest’s exposure to Ian: CEO Andrade
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Portfolio remediation curbed Everest’s exposure to Ian: CEO Andrade

andrade-juan.png

Everest Re’s efforts to reduce exposure to peak US cat risk have helped to keep its Hurricane Ian impact to an earnings event rather than a capital event, CEO Juan Andrade said.

In a call to discuss the carrier’s third-quarter earnings today, Andrade said that thanks to portfolio remediation undertaken by the carrier in recent months, its Ian loss is only 1% of its estimated industry loss and below 1% within...

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
Gift this article