Everest Re
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The carrier posted 6% growth in reinsurance, with primary insurance premiums rising 15%. -
Mango was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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The ILS platform of Everest Re is looking to optimize value for the group and investors.
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The exit of key Florida insurers could spur rate increases.
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Gross written premiums grew by nearly 25%, with similar levels of expansion in primary and reinsurance segments.
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The company has also named Rui Marliere as head of its Latin America and Caribbean business.
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The appointment follows the departure of Mike Hoffmann after a just over a year.
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Juan Andrade’s employment agreement has been extended through the end of 2023, with automatic annual extensions following this term.
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The collateralised sidecar of Everest Re was hit by higher cat losses in the period.
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Everest Re CEO Juan Andrade said appetite had gone “very much higher up in structures”.
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The reinsurer grew GWP by 25% in the quarter to $3.5bn, while dropping its companywide attritional loss ratio by more than five points.
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