Everest Group’s Q2 combined ratio (CoR) deteriorated 2.6 points YoY to 90.3%, as the carrier saw pre-tax cat losses jump to $135mn versus $27mn a year ago.
Of
Everest Q2 CoR increases 2.6 points to 90.3% due to reinsurance cat losses
Total pre-tax cat losses for the quarter grew sixfold YoY to $135mn.