Reinsurance Group of America Reports Third-Quarter Results
- Earnings per diluted share: operating income*
$1.90 , net income$1.25 - Operating ROE* 11 percent, trailing 12 months
- Expiration of Active Financing Exception (AFE) and strengthening U.S. dollar each reduced operating EPS* by
$0.15 - Continuing strong results in Global Financial Solutions (GFS) and overall favorable claims experience in
Canada and international operations - U.S. Traditional hampered by unusually high claims in older issue-age policies
- Reported net premiums decreased 4 percent; up 8 percent net of foreign currency and the effect of fourth-quarter 2014 retrocession transaction
- Repurchased approximately 782,000 shares for
$71 million during the quarter
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