Everest
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Formerly of Liberty Mutual, Micheff will be based in Chicago for the Bermuda reinsurer.
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A host of companies are bearing the “for sale” sign and the drivers of deal-making remain intact.
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First quarter earnings disclosed by carriers so far have shown positive headline results as underlying loss ratios improve.
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Executives share their views on pricing across primary and reinsurance lines in Q1.
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High valuations and possible integration issues tilt the company away from acquisitions, the CEO says.
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Everest Re operating earnings dropped almost 18 percent in the first quarter. -
New cat bond issuances from Everest Re and Aspen Bermuda expanded by at least 50 percent over the course of marketing, as investor appetite remained strong.
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North American winter storms took their toll on several carriers during the first quarter of 2018.
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Investment returns remained subdued year-on-year for the vast majority of the companies in our analysis, ranging from 1.7 percent to 6.5 percent for the third quarter.
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