June 18, 2010

ASBESTOS UPDATE: Everest Has $595.8MM Gross Reserves at March 31

COMPANIES: Everest Re Group Ltd
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Everest Re Group, Ltd., at March 31, 2010, had gross asbestos loss reserves of US$595.8 million, or 95.3 percent, of total asbestos and environmental reserves, of which US$465.9 million was for assumed business and US$129.9 million was for direct business.

The…

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