Everest 1.1 strategy ‘significantly improved’ risk-adjusted returns: Andrade
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Everest 1.1 strategy ‘significantly improved’ risk-adjusted returns: Andrade

Liz Bury
09 February 2023
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Everest logo new 2022 with Jaun Andrade Bermuda 2.jpg

Everest Re executed a “precise and well-orchestrated” reinsurance renewal strategy that has “significantly improved” risk-adjusted returns across its entire portfolio after the 1 January renewals, president and CEO Juan Andrade said.

This came as the company revealed a 4.1-percentage-point improvement to its combined ratio to hit 87.8% for Q4 2022.

The

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