Everest Re 2003 Net Up 84 Percent
NU Online News Service, Feb. 3, 3 :48 p.m. EST? Everest Re Group reported an 84 percent net income gain in 2003, and management of the Bermuda holding company said the gain was propelled by insurance and reinsurance customers' desire for placement with a financially secure firm.[@@]
That continuing customer appetite should allow the company to grow gross premiums 10-15 percent in 2004, according to Everest's chairman.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
