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Everest Re’s gross written premiums up 15% in 2020

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Financial results

 

Bermuda-based reinsurer Everest Re Group Ltd.’s gross written premiums grew nearly 15% year-on-year to $10.4 billion in 2020, The Royal Gazette reported. The company’s pre-tax net Covid-19 pandemic losses were $511 million for 2020. The insurer’s net profit fell around 50% to $514 million in 2020.

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