Everest strikes $1.2bn ADC with Stone Ridge’s Longtail Re
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Everest strikes $1.2bn ADC with Stone Ridge’s Longtail Re

The legacy cover will backstop policies written by its North American insurance business.

By Farhin Lilywala Adam McNestrie Fiona Robertson
October 28, 2025
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Everest announced it has secured a $1.2bn adverse development cover (ADC) supported by Stone Ridge’s Longtail Re to backstop policies written by its North American insurance business, as it struck a renewal rights deal on the portfolio with AIG.

The...

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Legacy News Everest Re Stone Ridge Asset Management ILS managers Reinsurers Casualty treaty
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