ASBESTOS UPDATE: Everest Re Has $505.1MM June 30 Gross Reserves
Everest Re Group, Ltd., at June 30, 2011, had gross asbestos loss reserves of US$505.1 million, or 95.9%, of total asbestos and environmental reserves, of which US$403.1 million was for assumed business and U $102 million was for direct business.
The…