Everest Re (RE) Tops Q2 EPS by 27c
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Everest Re Group Reports Second Quarter 2017 Results; 17% Growth in Premium; 13% Annualized Return on Equity
July 24, 2017 4:15 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported second quarter 2017 net income of $245.7 million, or $5.95 per diluted common share, compared to net income of $155.7 million, or $3.67 per diluted common share, for the second quarter of 2016. After-tax operating income1, excluding realized capital gains and losses, was $227.5 million, or $5.51 per diluted common share, for the second quarter of 2017, compared to after-tax operating income1 of $134.2 million, or $3.17 per diluted common share, for the same period last year.
For the six months ended June 30, 2017, net income was $537.3 million, or $13.02 per diluted common share, compared... More
