Everest trades down after execs confirm insurance CR target will not be met until 2025

Everest Group’s share price was down by more than 7.5 percent during Thursday morning trading as investors responded to the (re)insurer’s Q2 earnings which, alongside bullish reinsurance commentary, also included confirmation that its insurance division will now not achieve its targeted 90 to 92 percent combined ratio until 2025.

 

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