Everest Re (RE) Misses Q2 EPS by 64c
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July 27, 2015 4:05 PM EDT
HAMILTON, Bermuda--(BUSINESS WIRE)--
Everest Re Group, Ltd. (NYSE: RE) today reported second quarter 2015 net
income of $209.1 million, or $4.68 per diluted common share, compared to
net income of $290.2 million, or $6.26 per diluted common share, for the
second quarter of 2014. After-tax operating income1,
excluding realized capital gains and losses, was $224.5 million, or
$5.03 per diluted common share, for the second quarter of 2015, compared
to after-tax operating income1 of $250.8 million, or $5.41
per diluted common share, for the same period last year.
For the six months ended June 30, 2015, net income was $532.0 million,
or $11.88 per diluted common share, compared... More
July 27, 2015 10:44 AM EDT
HAMILTON, Bermuda--(BUSINESS WIRE)--
Everest Re Group, Ltd. (NYSE: RE) announced today that Michael
Karmilowicz joins the Company to lead Everest Specialty Underwriters
(ESU), the management and professional liability unit of its U.S.
Insurance Operations.
Mr. Karmilowicz joins Everest from Zurich North America, where he served
as Executive Vice President and Head of their Management Solutions
Group, responsible for a significant portfolio of management and
professional liability lines of business. Prior to joining Zurich in
2009, Mr. Karmilowicz had been a Vice President with Hartford Financial
Products (HFP), managing several of its professional liability... More
