Everest Group reported a 95% jump in ceded property catastrophe written premiums to cells of its Mt. Logan Re Ltd. third-party capitalised sidecar-like structure in the first-quarter of 2025, as more excess-of-loss business was shared with the investors backing the Mt. Logan Capital Management strategies.The global insurance and reinsurance player ceded $170 million of written … Read more
Global insurance and reinsurance player Everest Group has reported significantly increased cessions from its property catastrophe line of business to cells of its Mt. Logan Re Ltd. third-party capitalised sidecar-like structure in 2024.For the full-year 2024, Everest ceded $433 million in written premiums to Mt. Logan Re, which represents a 76% increase from the $246 … Read more
World insurance coverage and reinsurance specialist Everest has continued to cede extra in the way in which of premiums to its Mt. Logan Re third-party capital platform within the second-quarter, with the expansion accelerating at an ever quicker price year-on-year.After the first-quarter, we reported that the 12 months had begun strongly for Mt. Logan Re … Read more