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Everest Group: results for the first nine months of 2023

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Magazine Issue: 
African reinsurance is fine [3]
Magazine date: 
Oct 2023

Everest InsuranceThe Everest Group [4] has posted a turnover of 12.314 billion USD as at 30 September 2023, up by 19.4% compared with the 10.313 billion USD recorded a year earlier.

The premium volume is divided between the Bermudan group's reinsurance business (8.622 billion USD) and insurance business (3.692 billion USD).

The company closed the first three quarters of the current year with a strong net profit growth amounting to 1.713 billion USD, against 101 million USD at the end of September 2022.

The operating result progressed by 187% to reach 1.684 billion USD. The combined ratio has improved by 8.6% points to 90.1%.

Fri, 27/10/2023 - 15:00

Source URL: https://www.atlas-mag.net/en/category/pays/bermudes/everest-group-results-first-nine-months-2023

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-204-october-2023
[4] https://www.atlas-mag.net/en/article/everest-re-group