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HAMILTON, Bermuda (AP) _ Everest Re Group Ltd. (RE) on Monday reported fourth-quarter earnings of $63.6 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $1.59. Losses, adjusted for non-recurring gains, came to $1.12 per share.
The reinsurance company posted revenue of $2.76 billion in the period. Its adjusted revenue was $2.58 billion.
For the year, the company reported profit of $514.2 million, or $12.78 per share. Revenue was reported as $9.33 billion.
Everest Re shares have declined roughly 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $225.19, a fall of 20% in the last 12 months.