Reinsurance Group of America Reports Fourth-Quarter Results
- Earnings per diluted share: $2.92 from net income, $2.63 from operating income*
- ROE 10 percent and Operating ROE* 11 percent for the full year
- Reported net premiums increased 7 percent in the fourth quarter
ST. LOUIS, Jan. 30, 2017 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported fourth-quarter net income of $190.1 million, or $2.92 per diluted share, compared with $163.1 million, or $2.46 per diluted share, in the prior-year quarter. Operating income* totaled $171.3 million, or $2.63 per diluted share, compared with $188.0 million, or $2.84 per diluted share, the year before. Net foreign currency fluctuations had an adverse effect of $0.10 per diluted share on net income, and $0.08 per diluted share on operating income.