Bermuda’s Everest Group...
... has recorded first-half net earnings of $381.1m, marking a rise of 65% that reflected a 75% drop in realized investment losses to $41.7m and a 1.9% increase in earned premiums to $1.89bn. The decline in realized losses was partially offset by a 28% in investment income to $236m. Everest’s underwriting results were also helped by a 1.1% decrease in claim losses to $1.14bn.
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