Economics on ‘most treaties and classes of business’ improved in Q1: Everest’s Andrade
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Economics on ‘most treaties and classes of business’ improved in Q1: Everest’s Andrade

James Thaler
April 29, 2021
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DONT USE OLD DONT USE

Improvements in reinsurance pricing and on terms and conditions was broad-based in the first quarter, Everest Re’s CEO Juan Andrade told analysts on Thursday. He also indicated that most lines of business in insurance had reached rate adequacy, with some lines still likely needing uplift over time.

The executive was discussing first-quarter results on his company’s earnings call, saying that the company taken a “targeted and disciplined” approach to growth in reinsurance in the period, with top line expansion driven by higher rates and larger shares...

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