Everest Re 2003 Net Up 84 Percent
NU Online News Service, Feb. 3, 3 :48 p.m. EST? Everest Re Group reported an 84 percent net income gain in 2003, and management of the Bermuda holding company said the gain was propelled by insurance and reinsurance customers' desire for placement with a financially secure firm.[@@]
That continuing customer appetite should allow the company to grow gross premiums 10-15 percent in 2004, according to Everest's chairman.
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