Everest Re’s growth slows to 8.7% in Q1 from 25% as cat cutback shows
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Everest Re’s growth slows to 8.7% in Q1 from 25% as cat cutback shows

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Everest Re’s growth slowed sequentially in Q1 2022 as its surging 25% growth in full-year and Q4 was dialled back to 9% in the first three months of the year, reflecting the significant cutback of its cat treaty book at January 1.

The reinsurance business did grow by 6% to $2.19bn due to casualty pro rata and international treaty, but the significant reduction in the cat book that was widely discussed by broking sources around January 1 was evident in the...

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