everest logo 2024

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,…

Read More
enstar logo new

Enstar enters into ADC reinsurance agreement with Markel

Global legacy specialist Enstar Group’s wholly-owned subsidiary, Cavello Bay Reinsurance Limited, has entered into an adverse development cover (ADC) reinsurance agreement with Markel Insurance, the insurance operations within Markel Group, covering a portfolio of its run-off global reinsurance business and certain discontinued lines within its insurance operations for underwriting years 2025 and prior. This ADC…

Read More
6ae227db140000cda5e018f0

Panda’s Cloud Duvet: Is It Worth The Splurge?

Once autumn hits, I am a perpetually cold person – my nose is constantly running (because it’s cold, not because of some lurgy), and my feet and hands become seemingly incapable of heating themselves up. When the weather dropped recently, and with our ancient radiators working sporadically, it got to the point where I was…

Read More

CFC launches executive cyber protection for SME leaders and upgraded AI cover

CFC, a specialist insurance provider, has released a major update to its Cyber Proactive Response (CPR) policy, introducing a series of enhancements designed to reflect the evolving nature of cyber risk for modern businesses. Key enhancements include new personal protections for senior executives, enhanced affirmative artificial intelligence (AI) coverage, and an extended indemnity period for…

Read More