'Tremendous opportunity' for Everest in parametric reinsurance: CEO Williamson
ReutersMay 6, 2025 8:43 AM
By Henry Gale
May 6 - (The Insurer) - Everest's CEO Jim Williamson described parametric reinsurance as one of the specialty classes where the carrier sees "tremendous opportunity" to grow during its Q1 2025 earnings call on May 1.
Discussing the areas of reinsurance Everest sees as most attractive, Williamson said, "I would say areas like engineering (and) our parametric business look terrific."
Everest has not been a high-profile underwriter of parametric solutions, but revealed it was active in the segment when it announced in January 2024 that it had established a global specialties business, which included parametric alongside aviation, cyber, engineering and marine risks. Emily Davis became head of global specialties in November.
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