Everest Re Q2 profits drop as CEO announces retirement

small-dollar

Everest Re reported second quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $184.8m, or $3.18 per diluted common share, compared to after-tax operating income of $256.2m, or $4.16 per diluted common share, in the second quarter of 2009.

Net income, including net realized capital gains and losses, was $156.7m, or $2.70 per diluted common share, for the second quarter of 2010 compared to $272.6m, or $4.43 per diluted common share, for

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