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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY. -
The charity said that improved ecosystems could help protect from disasters.
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The carrier’s top line grew to $1.4bn in the first half of 2025.
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Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
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The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
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The executive said the firm has grown its casualty business by 80% from 2022.
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Sources said the executive will report to Julian Pratt in South Florida.
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T&Cs, as well as exclusions, remain largely unchanged, the executive said.
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Fears of the oncoming soft market are causing a sector rotation away from P&C.
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YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
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The global insurer is buying access to distribution and underwriting at a carrier with a 27% GWP CAGR.
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Widespread underinsurance and low exposures will limit losses.
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The Bermuda carrier brought a winding-up petition earlier in October.
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CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
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The broker grew earnings per share by 12.1% during the quarter.
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A re-focus on reinsurance nearly brings Everest back where it started.
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Greenberg has strong links with IQUW management, and praised the firm’s leadership and cultural fit.
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The revised outlooks reflect the difficult moment as Everest moves away from retail.
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Rates pulling back will rein in some of the excess margin obtained over the past three years, he said.
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This publication revealed that Starr was zeroing in on the deal earlier today.
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The parties could announce the transaction soon, according to sources.
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The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
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Hurricane warnings are in place for Guantanamo, Holguin and Las Tunas.
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The property segment reported a combined ratio of 15.5% for the quarter, versus 60.3% a year ago.
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