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Reinsurance Group of America Reports Third-Quarter Results

  • Earnings per diluted share: $3.47 from net income, $3.44 from adjusted operating income*
  • EPS from net income and adjusted operating income* driven by U.S. segment performance
  • ROE 10 percent and adjusted operating ROE* 12 percent for the trailing twelve months
  • Reported net premiums increased 11 percent in the third quarter

ST. LOUIS, October 26, 2017 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported third-quarter net income of $227.6 million, or $3.47 per diluted share, compared with $198.7 million, or $3.07 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $226.0 million, or $3.44 per diluted share, compared with $159.4 million, or $2.46 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.02 per diluted share on net income and on adjusted operating income. Book value per share at September 30 was $125.79 including AOCI, and $100.54 excluding AOCI*.

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