Everest Re ceded minor premium uplift to Mt Logan in Q1 at $53mn premium
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Everest Re ceded minor premium uplift to Mt Logan in Q1 at $53mn premium

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Everest Re ceded $53mn of premium to Mt Logan in Q1, up 6% on $50mn in the prior-year quarter, its 10-Q filing shows.

Ceded losses in the quarter were $36mn, down 12%, giving a loss ratio of 78% on ceded earned premiums at $46mn.

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