Everest Re (RE) Tops Q1 EPS by 100c

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Go back to Everest Re (RE) Tops Q1 EPS by 100c

Everest Re Group Reports First Quarter 2019 Results

May 6, 2019 4:15 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (Everest) (NYSE: RE) today reported first quarter 2019 net income of $348.9 million, or $8.54 per diluted common share, compared to net income of $210.3 million, or $5.11 per diluted common share for the first quarter of 2018. After-tax operating income1 was $282.4 million, or $6.91 per diluted common share, for the first quarter of 2019, compared to after-tax operating income¹ of $219.7 million, or $5.34 per common share, for the same period last year.

Commenting on the Companys results, President and Chief Executive Officer Dominic J. Addesso said: During the first quarter of 2019 Everest produced... More