Analysts Press Everest on Capital Strategy, Casualty Clean-Up and Cat Pricing
With a $1.2 billion adverse development cover locking in legacy casualty reserves and a full exit from retail insurance via AIG, analysts pressed management on how soon that capital will be redeployed.
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Berkshire Reaps Gains From a Quiet Catastrophe Year While Protecting the Float
A mild catastrophe year and restrained underwriting expenses allowed Berkshire’s to extend its record of profitable risk absorption.
