Everest Re Suffers Huge Cat Loss
By:
DailyMarkets.com
Posted on April 29, 2011 at 18:10 PM EDT
Everest Re Group Ltd. (NYSE:RE) reported first quarter 2011 operating loss of $5.95 per share, wider than the loss of $5.81, the Zacks Consensus Estimate. Results also compare unfavorably with the loss of $1.25 incurred in the year ago quarter. Operating loss in the quarter was $323.6 million compared with the loss of $73.8 million [...]
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