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Everest: One foot on the ‘lonely road’ of pure-play reinsurance
Everest’s AIG deal meaningfully cuts its primary exposure.
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The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
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In insurance, premium growth came from all lines of business except cyber.
Latest News
Latest news
AIG has agreed to pay Everest $10mn per month for nine months for transition services.
The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
Hurricane warnings are in place for Guantanamo, Holguin and Las Tunas.
Economic losses from the Cat 5 storm could run to 30%-250% of the country’s GDP.
Opinion
Featured and most read
Featured and most read
Featured
Pressures mount for 2026, but London rate falls still stable on 2025 trends
Brokers may encourage clients to capitalise on falling rates by boosting coverage.
Most read
Analysis
Analysis
Private capital providers are being signed down as two strong years have piqued interest.
Reinsurers are willing to concede on pricing, while cyber interest is on the rise.
Part five in our series looks at how AI can empower brokers to add value as well as speed.
Insurance grad vacancies were down 18% year-on-year in the UK, ahead of a 3% nationwide drop.
Interviews
Interviews
The syndicate says it will not set any top-line targets on digital follow strategies.
The CEO said that IGI’s action within its PI book showed it was ready to walk away from unprofitable business.
The European broker said a London wholesaler is the ‘missing piece’ of its strategy.
The MGA is also looking to build out its US mid-market professional liability expertise.
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