Underwriting choices contributed to ‘unacceptable’ reserve charge: Everest
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Underwriting choices contributed to ‘unacceptable’ reserve charge: Everest

CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.

By Rebecca Perkins
January 28, 2025
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A portfolio weighted heavily towards primary casualty lines amplified the impact of social inflation on Everest’s book and contributed to unfavourable reserve development of more than $1.7bn

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News Bermuda Results Everest Re Reinsurers Casualty/GL Property
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