Everest Re Group Reports Record Quarter Net Income Earnings Per Share of $13.85; Full Year Return on Equity of 6%
Everest Re Group, Ltd. (RE)
Last everest re group, ltd. earnings: 2/10 04:25 pm
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US:NYSE Investor Relations:
ir.everestre.com
Company Research
Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (NYSE: RE) today reported fourth quarter 2017 net income of $571.0 million, or $13.85 per diluted common share, compared to net income of $373.6 million, or $9.08 per diluted common share, for the fourth quarter of 2016. After-tax operating income1, excluding realized capital gains and losses and the tax charge related to the enactment of the Tax Cuts and Jobs Act of 2017 (TCJA), was $556.0 million, or $13.48 per diluted common share, for the fourth quarter of 2017, compared to after-tax operating income¹ of $363.4 million, or $8.83 per diluted common share, for the same period last year. For the year ended December 31, 2017, net income was $469.0 million, or $11.36 per diluted common share, compared to $996.3 million, or $23.68 per diluted common share, for 2016. After-tax operating income1, excluding realized capital gains and losses and the tax ch
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