Everest Re (RE) Tops Q4 EPS by $2.91

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Everest Re Group Reports Record Operating Earnings per Share for 2015; Operating Return on Equity of 15%

February 3, 2016 4:15 PM EST

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported fourth quarter 2015 after-tax operating income1 available to common shareholders of $353.5 million, or $8.17 per diluted common share, compared to after-tax operating income¹ of $331.5 million, or $7.28 per diluted common share, for the fourth quarter of 2014. Net income available to common shareholders was $357.3 million, or $8.26 per diluted common share, for the fourth quarter of 2015, compared to net income of $340.1 million, or $7.47 per diluted common share, for the same period last year.

For the year ended December 31, 2015, after-tax operating income1 available to common shareholders was $1.1... More