Everest Re Says Superstorm Sandy May Cost It $220 Million
By Zachary Tracer -
2012-12-20T21:12:27Z
Everest Re Group Ltd., the Bermuda- based insurer and reinsurer, said losses from superstorm Sandy are about $220 million.
The figure is after taxes and fueled by reinsurance, Everest Re said today in a statement distributed by Business Wire.
To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net
To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net
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