Everest Re reports lower 2004 Q4 earnings
Everest Re Group has reported fourth quarter 2004 after-tax operating income, which excludes realized capital gains and losses, of $94.7m, a 20.2% decrease compared to $118.6m in the fourth quarter of 2003.
Fourth quarter 2004 net income decreased 23.4% to $93.3m compared to $121.8m in the fourth quarter of 2003. Operating income differs from net income only by the exclusion of realized gains and lossesOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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