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RGA News

Reinsurance Group of America Reports First Quarter Results

  • Earnings per diluted share: $2.65 from net income, $2.61 from adjusted operating income*
  • ROE 8.9% and adjusted operating ROE* 11.0% for the trailing twelve months
  • Deployed capital of $100 million into in-force and other transactions and share buybacks

ST. LOUIS, Apr. 29, 2019Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported first quarter net income of$169.5 million, or $2.65 per diluted share, compared with $100.2 million, or $1.52 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $167.2 million, or $2.61 per diluted share, compared with $105.7 million, or $1.61 per diluted share, the year before. Net foreign currency fluctuations had an adverse effect of $0.11 per diluted share on net income and adjusted operating income as compared with the prior year.

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