Everest close to securing ~$1bn reserve cover from Longtail Re
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Commercial Lines
Casualty/GL

Everest close to securing ~$1bn reserve cover from Longtail Re

The protection covers the US insurance book for the 2024 and prior accident years.

By Adam McNestrie Farhin Lilywala Rebecca Perkins
October 17, 2025
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Everest is in the latter stages of negotiating a major adverse development cover (ADC) with Stone Ridge’s Longtail Re for the US insurance business that generated its $1.7bn

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Topics

North America Bermuda Claims trends Re/insurers Casualty/GL Legacy Everest News
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