Everest makes hurricane losses prediction

The group had mixed results in key operating metrics in the quarter. Net investment income grew to $496 million from Q3 2023’s $406 million. Meanwhile, net written premiums stood at $2.98 billion compared to $2.99 billion a year ago. However, the combined ratio deteriorated to 93.1 from 91.4 a year ago, and catastrophe losses increased to $279 million from $170 million last year.

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