Everest Re (RE) Tops Q3 EPS by 51c

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Everest Re Group Reports Third Quarter Results; 14% Annualized Operating Return on Equity

October 26, 2015 4:15 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported third quarter 2015 after-tax operating income1 available to common shareholders of $200.2 million, or $4.53 per diluted common share, compared to after-tax operating income1 of $280.5 million, or $6.12 per diluted common share, for the third quarter of 2014. Net income available to common shareholders was $88.6 million, or $2.00 per diluted common share, for the third quarter of 2015, compared to net income of $274.9 million, or $6.00 per diluted common share, for the same period last year.

For the nine months ended September 30, 2015, after-tax operating income1 available to common shareholders was... More