Everest Re reaches $1.1bn AuM as reinsurer lets cat bonds elapse
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Everest Re reaches $1.1bn AuM as reinsurer lets cat bonds elapse

Fiona Robertson
26 October 2023
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Everest Re said it raised more than $250mn for its Mt Logan sidecar this year, with assets under management reaching “just under $1.1bn”, as it signalled plans to lift its net retentions and cut back use of other hedging instruments.

COO and reinsurance chief Jim Williamson said the firm expected “some incremental capital raising at 1.1 and throughout the course of next year” for the vehicle.

The

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