Everest Group reported a Q1 2024 combined ratio of 88.8%, down 2.4 points, as pre-tax catastrophe losses narrowed to $85mn versus $110mn a year ago.
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Everest Q1 CoR drops 2.4 points to 88.8% as cat losses narrow
The firm booked $85mn of pre-tax cat losses, primarily driven by the Baltimore Bridge collapse.