Everest Re, one of a small number of mid-year retro buyers, has opted out of buying an ultimate net loss (UNL) retro programme as the tertiary market shows increasing signs of seizing up after Covid-19, Insurance Insider understands.
Everest Re, one of a small number of mid-year retro buyers, has opted out of buying an ultimate net loss (UNL) retro programme as the tertiary market shows increasing signs of seizing up after Covid-19, Insurance Insider understands.