Everest Re (RE) Reports Q3 Revenues Above Estimates

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Go back to Everest Re (RE) Reports Q3 Revenues Above Estimates

Everest Re Group Reports Third Quarter 2019 Results

October 28, 2019 4:15 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (Everest) (NYSE: RE) today reported third quarter 2019 net income of $104.4 million, or $2.56 per diluted common share, compared to net income of $198.4 million, or $4.84 per diluted common share for the third quarter of 2018. After-tax operating income1 was $138.4 million, or $3.39 per diluted common share, for the third quarter of 2019, compared to after-tax operating income1 of $167.5 million, or $4.09 per diluted common share, for the same period last year.

For the nine months ended September 30, 2019, net income was $791.8 million, or $19.38 per diluted common share, compared to net income of $474.4... More