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health XXXX. reporting and proud of our very are for work for resilience passion the to today continue our paramount. I employees people solid very that and our the the customers we're and results well, and of performing perseverance differentiates of The Everest. safety first are and and hard quarter half second in for am delivering We demonstrate the and our their team thankful
us for capital against our our profitable under well very position, success our to ability positions global in and executing growth. even continued objectives, conditions, our leverage Our platform adverse
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a information on the second analysis Our from based quarter refreshed updated was with our estimate clients. latest
aspects cancellation continues our policies could loss XXXX. loss mandate the all loss not does likelihood has into intervention interruption or policies. global duration majority increased pandemic of predominantly business to quarter provision legislative legal, or take that portfolio, regulatory account While specialty coverage $XX include million for of expand our Of our retroactively analysis our the provisions. second into in estimate of the expenses business, insurance the the cancellations insurance the and was provision A from the portion early of postponement smaller event for as adjustment and nature was
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our also reinsurance exposure have loss of with on information remain of situation, client internal our view we modeling, comfortable Based reserves. our with updated our updated mortgage and macroeconomic and contracts. our We the current review our
despite rapidly continues families and smoothly operating about We employees with the momentum will business economic health our evaluating gain In external and to macroeconomic mind. Everest safety and the their traction forward optimistic We're uncertainty changing and environment. this top continue of future. the the am of summary, I situation as unfolds. our
We platform which capital talented allows the opportunities team, us position, have in us. and front strong to improving a of capture a a global
to Mike Karmilowicz I call to Lastly, want the welcome today.
of growth key the your the to our past can pleased over division. of the Insurance in as As to announcement, promotion role today. provides winning on years am new the He played continuity introduce the recent will I he an you so Everest saw is our be of Mike CEO in strategy. Mike's and execute several answer insurance business our available questions acknowledgment
me to Craig financials. let provide over on turn Now the it additional to details
