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Reinsurance Group of America Reports Third-Quarter Results 2016

  • Earnings per diluted share: $3.07 from net income, $2.46 from operating income*

  • ROE 10 percent and Operating ROE* 12 percent for the trailing twelve months

  • Reported net premiums increased 8 percent

ST. LOUIS, October 26, 2016 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported net income of $198.7 million, or $3.07 per diluted share, compared with $83.5 million, or $1.25 per diluted share, in the prior-year quarter. Operating income* totaled $159.4 million, or $2.46 per diluted share, compared to $127.1 million, or $1.90 per diluted share, the year before. Net foreign currency fluctuations had an adverse effect of $0.04 per diluted share on net income, and $0.03 per diluted share on operating income, primarily within the EMEA segment. Tax-related adjustments added $0.08 per share to the quarter.

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