Everest Re shares up 3% as $635mn Q3 nat cat bill comes in below expectations

Shares in Everest Re were trading up by more than 3 percent to outperform a broadly positive start to the day for sector stocks after the Bermudian preannounced net catastrophe losses before tax of $635mn for the third quarter that analysts said had come in below expectations reset by loss estimates released by peers.

 

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