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Everest posts Q3’26 underwriting loss amid casualty reinsurance reserve strengthening
Global insurer and reinsurer Everest Group recorded a pre-tax underwriting loss of $223 million for Q3 2026, as net adverse prior year reserve development of $253 million, including gross casualty reserve strengthening of approximately $600 million, and catastrophe losses of $277 million, pushed its Reinsurance Treaty segment to an underwriting loss of $191 million. Group-wide, […] The post Everest posts Q3’26 underwriting loss amid casualty reinsurance reserve strengthening appeared first on ReinsuranceNe.ws .
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