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.
Everest makes hurricane losses prediction
- Niki Wilson
Recent Company News
- E-Claim.com Successful Second Round in the Edward Lowe Foundation’s SIG Program
- E-Claim.com Welcomes Lozano Insurance Adjusters: A New Era of Claims Management with ClickClaims
- ClickClaims Recognized as One of the Top Insurtech Companies – Global 5-Star Technology and Software Providers for 2023 by Insurance Business America
- Heartwarming Acts of Kindness Multiply: E-Claim Employee Efforts Result in $9,000 for Smile Train!
- 2021 Louisiana Growth Leaders: Spotlight on E-Claim | Louisiana Economic Development
Recent Blog Posts
- Florida Carriers: Are You Meeting SB-76 Reporting Requirements?
- Thomas Brown, Founder & CEO of E-Claim.com Featured LIVE on Tea Time with Tech Founders Podcast
- Maximizing Every Minute: The Real Game-Changer in Life and Work
- ClickClaims and the Future of AI
- Fighting Fraud from the AIr and in the Courts
Recent Industry News
- Musk Escalates Altman Legal Feud, Casting OpenAI as Monopolist
- Revolutionizing Insurance Ops at Manulife with AI
- Nationwide Expands Availability of Leakbot Devices to Additional Nationwide Customers
- APCIA supports California’s wildfire catastrophe modeling regulations
- Standard Casualty Adopt ZestyAI for Manufactured Home Coverage