Everest swings to $228mn U/W gain as it cuts core LR by 2.4pts
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Everest swings to $228mn U/W gain as it cuts core LR by 2.4pts

James Thaler
09 February 2022
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Bermuda (re)insurer Everest Re reversed last year’s underwriting loss, posting a $228mn underwriting gain for the fourth quarter while growing its top-line gross premiums by 25% to $3.4bn. 

Operating profits skyrocketed in fourth quarter, with the company generating $9.12 in earnings per share, easily outstripping last year’s $1.12-per-share

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Topics

News Results Everest
JT
James Thaler
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