Everest Re (RE) Tops Q1 EPS by 98c
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Everest Re Group Reports First Quarter 2017 Results; 14% Annualized Net Income Return on Equity
April 24, 2017 4:15 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported first quarter 2017 net income available to common shareholders of $291.6 million, or $7.07 per diluted common share, compared to net income of $171.7 million, or $4.00 per diluted common share for the first quarter of 2016. After-tax operating income1 available to common shareholders was $259.5 million, or $6.29 per diluted common share, for the first quarter of 2017 compared to after-tax operating income¹ of $222.7 million, or $5.19 per diluted common share, for the same period last year.
Commenting on the Companys results, President and Chief Executive Officer, Dominic J.... More
