Everest Re net profit jumps YOY in Q3


Everest Re Group reported a net income of $295.4 million for the third quarter of 2016 compared to $88.6 million in the same period a year ago.

The Bermuda-based reinsurer increased gross written premiums 3 percent to $1.8 billion over the period.

The combined ratio for the quarter was 85.6 percent compared to 90.6 percent in the third quarter of 2015.

Everest Re, Bermuda, Insurance, Reinsurance, Third quarter results, Dominic Addesso

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