Net earnings per share€2.29; includes ($0.18) loss per share from non-core items after tax
Core earnings per share2.47 $an increase of 36% compared to the previous year.
The annualized return on equity (ROE) for the first quarter was 15.8 %; the core operating return on equity (ROE) was 17.0 %.
The underwriting profit in the specialty insurance business rose by 66 % in the first quarter compared to the previous year.
Capital returned to shareholders in the first quarter amounted to approximately259 million US dollars, including125 million US dollars in special dividends and60 million US dollars in share buybacks.
Final agreements on the sale of Charleston Harbor Resort & Marina; expected core pre-tax gain of USD 125 million, with closing in the second or third quarter of 2026.