Everest Re (RE) Reports Q1 EPS of $7.34

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Everest Re Group Reports Record Operating Earnings for the First Quarter 2015

April 27, 2015 4:05 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported net income of $323.0 million, or $7.19 per diluted common share, for the first quarter of 2015, compared to net income of $293.9 million, or $6.21 per diluted common share, for the first quarter of 2014. Excluding realized capital gains and losses, after-tax operating income1 was $329.9 million, or $7.34 per diluted common share, for the first quarter 2015, compared to after-tax operating income1 of $281.0 million, or $5.93 per diluted common share, for the same period last year.

Commenting on the Companys results, President and Chief Executive Officer, Dominic... More