Everest Q1 pre-tax cat losses narrow to $110mn on limited US exposure
Everest reported Q1 pre-tax catastrophe losses of $110mn, compared to $115mn for the same period last year, driven by the Turkey earthquake and New Zealand floods and cyclone.
Most of the losses were sustained by the reinsurance segment, which reported $108mn in pre-tax cat losses, compared with $110mn in the prior-year period.
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