(Reuters) - "They are off to a great start, but with reinsurers, you never know until the year is over," said Jim Auden, an analyst with Fitch Ratings.
Everest, which provides backup coverage to regular property insurers when they face risks such as hurricanes, said earnings jumped to $297.6 million, or $4.59 a share, from $168.4 million, or $2.57 a share, in the year-earlier quarter.
Read more at Reuters.com Market News
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