Everest cuts catastrophe losses in Q2 as underwriting recovers

Pre-tax underwriting income reached $385 million for the group, including $436 million from reinsurance. The insurance segment posted a $18 million loss, while other operations recorded a $33 million loss. Catastrophe losses net of recoveries and reinstatement premiums amounted to $20 million, down from $135 million in Q2 2024.

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