Everest faces up to $400m losses from Milton, 64% rise in Q3 cats

Everest Group will likely book pre-tax catastrophe losses of $300 to $400 million due to Hurricane Milton in Q4. This follows a third quarter in which nat cats were already up 64% year-on-year, in part due to a $63 million hit from Hurricane Helene.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Allianz Commercial flags rising nuclear verdicts on loss trends watchlist

Zurich may slash life segment reinsurance buys to hold more margin

Markel snags Aegis London underwriter to bolster marine cargo portfolio

ACORD taps London market specialist to guide growth strategy

Aon lifts long-serving insider for global data and analytics push

Zurich targets mid-market and specialty in commercial growth plan

RGA inks $4.1bn coinsurance transaction with Manulife’s John Hancock

Aon’s NFP boosts New York footprint with employee benefits acquisition

Everest faces up to $400m losses from Milton, 64% rise in Q3 cats

Editor's picks

Editor's picks

More articles