Everest Re (RE) Tops Q1 EPS by 42c, Revenues Beat
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Everest Re Group Reports First Quarter 2020 Results
May 6, 2020 4:15 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (Everest or the Company) today reported that for the three months ended March 31, 2020, net income was $16.6 million, or $0.41 per diluted common share, compared to net income of $354.6 million, or $8.67 per diluted common share, for the three months ended March 31, 2019. After-tax operating income¹ for the quarter was $164.4 million, or $4.03 per diluted common share, compared to after-tax operating income¹ of $282.4 million, or $6.91 per diluted common share, for the same period in 2019.
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