Everest Re (RE) Tops Q2 EPS by 32c
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Everest Re Group Reports Second Quarter 2016 Results; 8% Growth in Premium; 95% Combined Ratio
July 25, 2016 4:15 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common share, for the second quarter of 2015. After-tax operating income1, excluding realized capital gains and losses, was $134.2 million, or $3.17 per diluted common share, for the second quarter of 2016, compared to after-tax operating income1 of $224.5 million, or $5.03 per diluted common share, for the same period last year.
For the six months ended June 30, 2016, net income was $327.4 million, or $7.68 per diluted common share, compared... More
