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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Pershing Files for $10B IPO as Vantage Deal Puts Insurance at Center of Ackman's Strategy
Pershing Square's IPO filing confirms the $2.1 billion Vantage acquisition and reveals insurance companies as anchor investors — while flagging the deal as a distraction risk to the fund itself.
