Everest Re Q1 net income rises on debt repurchase gains
Everest Re, the Bermudian (re)insurer, said that first quarter net income rose to $108.6m, down from $77.9m this time last year.
The full-year number was helped by a $78.2m gain on a debt repurchase.Operating income for the first quarter of the year fell to $106.1m, down from $190.5m.
Net earned premiums for the period fell
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