Search
 

Everest Re Income Flat For Quarter

Everest Re Group reported that, despite previously unrevealed additional after-tax losses of $50 million from last year's hurricanes, it had first-quarter net income of $168.4 million, a slight boost

By Susanne Sclafane | Updated on April 26, 2006

Everest Re Group reported that, despite previously unrevealed additional after-tax losses of $50 million from last year’s hurricanes, it had first-quarter net income of $168.4 million, a slight boost over last year.

The first-quarter income figure for the Hamilton, Bermuda-based firm, equivalent to $2.57 per share, was a little less than 1 percent higher than last year’s first-quarter income amount, $167.1 million, or $2.93 per share.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.