CA wildfires will have a positive impact on property cat treaty pricing: Everest CEO
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CA wildfires will have a positive impact on property cat treaty pricing: Everest CEO

At January 1 renewals, prices dropped 5%-15% for loss-free programs.

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Everest expects the California wildfires to have a “positive impact” on property reinsurance prices as the industry approaches June 1 hurricane treaty renewals, according to CEO Jim Williamson.

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