Everest Re Group Ltd. (RE) 2017年年度报告「NYSE」.pdf

1、EXECUTING ON OUR StrategyEVEREST RE GROUP,LTD.2017 ANNUAL REPORT(in millions,except per share data)20172016201520142013BALANCE SHEETTotal assets$23,591.8$21,321.5$20,545.4$20,339.9$19,712.3Shareholders equity8,369.28,075.47,608.67,451.16,968.3Book value per common share204.95197.45178.21166.75146.57

2、RESULTSGross written premiums$7,173.9$6,033.9$5,891.7$5,762.9$5,220.4Net pre-tax investment income542.9473.1473.5530.5548.5Net after-tax investment income449.0386.5383.6437.6456.7After-tax operating income(loss),excluding realized gains(losses)*$375.4$993.5$1,108.1$1,143.7$1,062.6 per basic common s

3、hare9.1523.7825.2624.9521.66 per diluted common share9.1023.6125.0424.7121.47Net Income(loss)$469.0$996.3$977.9$1,199.2$1,259.4 per basic common share11.4323.8522.2926.1625.67 per diluted common share11.3623.6822.1025.9125.44FINANCIAL RATIOSCombined ratio103.5%87.0%85.1%83.8%84.6%After-tax operating

4、 return*on average adjusted equity4.6%12.8%15.0%16.3%16.5%Net income return on average equity5.8%12.8%13.2%17.1%19.5%*The Company generally uses after-tax operating income(loss),a non-GAAP financial measure,to evaluate its performance.After-tax operating income(loss)consists of net income(loss)exclu

5、ding after-tax net realized capital gains(losses)and the tax charge related to the enactment of the Tax Cuts and Jobs Act of 2017(TCJA).Further explanation and a reconciliation of net income(loss)to after-tax operating income(loss)can be found on the back page of the 10-K insert.FINANCIAL HIGHLIGHTS

6、DEMONSTRATED FINANCIAL StrengthA+A.M.BestA1MoodysA+S&PHigh ratings from each of the independent rating firms recognize our top tier market position,strong earnings capacity and exceptional financial flexibilityDELIVERING SHAREHOLDER ValueANNUAL REPORT 1Gross Written Premium by Region Gross Written P