Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Unaudited Quarterly Financial Data [Abstract]

22. UNAUDITED QUARTERLY FINANCIAL DATA

Summarized quarterly financial data for the periods indicated


	2014
(Dollars in thousands, except per share amounts)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter

Operating data:
Gross written premiums	$	1,267,424		$	1,415,362		$	1,666,701		$	1,399,500
Net written premiums		1,227,589			1,217,487			1,517,580			1,294,247

Premiums earned		1,144,490			1,272,317			1,389,998			1,362,330
Net investment income		123,157			131,224			142,143			134,046
Net realized capital gains (losses)		21,126			59,016			(9,448	)		13,352
Total claims and underwriting expenses		916,049			1,077,798			1,191,389			1,097,284
Net income (loss)		302,022			297,925			301,253			357,263
Net (income) loss attributable to noncontrolling interests		(8,089	)		(7,741	)		(26,337	)		(17,140	)
Net income (loss) attributable to Everest Re Group		293,933			290,184			274,916			340,123

Earnings per common share attributable to Everest Re Group:
Basic	$	6.26		$	6.32		$	6.05		$	7.54
Diluted	$	6.21		$	6.26		$	6.00		$	7.47


	2013
(Dollars in thousands, except per share amounts)	1st Quarter		2nd Quarter		3rd Quarter			4th Quarter

Operating data:
Gross written premiums	$	1,180,790	$	1,260,202	$	1,464,984		$	1,312,658
Net written premiums		1,149,693		1,212,626		1,389,147			1,253,355

Premiums earned		1,088,759		1,151,533		1,225,755			1,287,496
Net investment income		145,781		148,729		127,872			126,127
Net realized capital gains (losses)		126,735		33,905		44,958			94,629
Total claims and underwriting expenses		878,636		1,008,558		1,078,549			1,049,192
Net income (loss)		384,343		275,642		238,527			366,748
Net (income) loss attributable to noncontrolling interests		-		-		(3,768	)		(2,110	)
Net income (loss) attributable to Everest Re Group		384,343		275,642		234,759			364,638

Earnings per common share attributable to Everest Re Group:
Basic	$	7.56	$	5.60	$	4.85		$	7.62
Diluted	$	7.50	$	5.56	$	4.81		$	7.54

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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