NU Online News Service, July 28, 3:28 p.m. EST
Bermuda-based reinsurers continued to report reduced earnings, driven mainly by catastrophe losses.
Everest Re Group Ltd. says second-quarter net income fell about 16 percent to $131.3 million as pretax catastrophe losses net of reinstatement premiums were $113 million—up from $64.6 million a year ago during the same period.
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