Everest RE Group (RE): Reinsurance Will Increase During Covid & Hurricane Season

Reinsurance will increase amid Covid-19 and hurricane season according to a CFRA analyst. Cathy Seifert discusses potential stock opportunities in insurance, highlighting Everest RE Group (RE). She talks about how CFRA has a buy rating on RE. She also talks about the fundamental outlook for the reinsurance sub-industry. She notes that the worldwide total catastrophe totaled $259B in 2021 versus $216B in 2020. Tune in to find out more about the stock market today.