Everest Re’s loss widens by 337%
Posted On: Oct. 27, 2022 9:39 AM CST![Financial results](https://bicontent.businessinsurance.com/07e7d926-4722-4959-a6c1-90ecc8c78ce1.jpg)
Bermuda-based reinsurer Everest Re Group Ltd.’s recorded a $319 million loss in the third quarter of the year, down significantly from a loss of $71 million in the same period in 2021, Nasdaq reported citing RTT News. The reinsurer’s revenue increased almost 5% to approximately $3 billion.