RGA Earnings Reports

Reinsurance Group of America reported a decrease in net income available to RGA shareholders to $148 million, or $2.22 per diluted share, compared to $158 million, or $2.37 per diluted share, in the prior year quarter. However, adjusted operating income increased to $334 million, or $4.99 per diluted share, from $316 million, or $4.73 per diluted share, in the same period last year. The company deployed $250 million into in-force block transactions during the quarter and ended the quarter with deployable capital of $1.7 billion.

Reinsurance Group of America reported a strong third quarter with record financial results. The company saw significant contributions from its Asia Traditional and Financial Solutions businesses, as well as solid performance in the U.S. Traditional business and EMEA region. RGA deployed $382 million into in-force block transactions and ended the quarter with approximately $0.7 billion in excess capital.

Reinsurance Group of America reported a second quarter net income available to RGA shareholders of $203 million, or $3.03 per diluted share. Adjusted operating income for the second quarter totaled $365 million, or $5.48 per diluted share. Consolidated net premiums totaled $3.9 billion, an increase of 17.5% over the 2023 second quarter.

Reinsurance Group of America reported an excellent first quarter, with strong performance in both the Traditional and Financial Solutions businesses, and a record deployment of capital into in-force transactions. The company remains optimistic about the future and expects to continue to deliver attractive financial results.

Reinsurance Group of America reported a decrease in net income available to shareholders but an increase in adjusted operating income for the fourth quarter. Premium growth was strong, driven by a significant contribution from a pension risk transfer transaction. The company also deployed capital into in-force transactions and continued its share repurchase program.

Reinsurance Group of America reported a strong third quarter with net income available to RGA shareholders of $287 million, or $4.29 per diluted share, and adjusted operating income of $372 million, or $5.57 per diluted share. The company experienced significant premium growth of 31.0% over the prior-year quarter and deployed capital of $203 million into in-force and other transactions.

Reinsurance Group of America reported a strong second quarter, with most regions and business lines performing very well. The company saw premium growth of 3.3% over the prior-year quarter and deployed capital of $190 million into in-force and other transactions.

Reinsurance Group of America reported a strong first quarter with net income available to RGA shareholders of $252 million, or $3.72 per diluted share, and adjusted operating income of $349 million, or $5.16 per diluted share. Premium growth was 7.3% over the prior-year quarter, and 10.8% on a constant currency basis.

Reinsurance Group of America reported Q4 net income available to RGA shareholders of $204 million, or $3.02 per diluted share, compared to $156 million, or $2.30 per diluted share in the prior-year quarter. Adjusted operating income for the fourth quarter totaled $202 million, or $2.99 per diluted share, compared with adjusted operating loss of $38 million, or $0.56 per diluted share, the year before.

Reinsurance Group of America reported a net income available to RGA shareholders of $284 million, or $4.19 per diluted share, and adjusted operating income of $352 million, or $5.20 per diluted share. Premium growth was 4.9% over the prior-year quarter, or 10.1% on a constant currency basis. The company deployed $100 million of capital into transactions and returned $79 million to shareholders.

Reinsurance Group of America reported strong second quarter results, with a record level of earnings driven by contributions from various business segments. The company saw premium growth of 4.3% over the prior-year quarter and deployed $121 million into transactions. COVID-19 claim costs decreased, and underlying non-COVID-19 mortality was favorable in many markets.

Reinsurance Group of America reported a first quarter net loss of $63 million, or $0.93 per diluted share, compared to a net income of $139 million, or $2.03 per diluted share, in the prior-year quarter. Adjusted operating income totaled $32 million, or $0.47 per diluted share, compared to an adjusted operating loss of $84 million, or $1.24 per diluted share, the year before. The company deployed $130 million into in-force and other transactions and repurchased $25 million of shares.

Reinsurance Group of America reported fourth quarter net income of $156 million, or $2.30 per diluted share, compared with net income of $132 million, or $1.94 per diluted share, in the prior-year quarter. Adjusted operating loss totaled $38 million, or $0.56 per diluted share, compared with adjusted operating income of $81 million, or $1.19 per diluted share, the year before.

Reinsurance Group of America reported a net loss of $22 million, or $0.32 per diluted share, compared to a net income of $213 million in the prior-year quarter. The adjusted operating loss totaled $75 million, or $1.11 per diluted share, compared to an adjusted operating income of $239 million the year before. COVID-19 impacts were estimated at approximately $500 million on a pre-tax basis.

Reinsurance Group of America reported a strong second quarter with net income of $344 million, or $5.02 per diluted share, and adjusted operating income of $274 million, or $4.00 per diluted share. The company saw growth in net premiums and investment income, with a favorable impact from foreign currency fluctuations. The board increased the quarterly dividend by 4% to $0.73.

Reinsurance Group of America reported first quarter net income of $139 million, or $2.03 per diluted share, compared with a net loss of $88 million, or $1.41 per diluted share, in the prior-year quarter. Adjusted operating loss totaled $84 million, or $1.24 per diluted share, compared with adjusted operating income of $89 million, or $1.41 per diluted share, the year before. First quarter results reflected approximately $474 million of estimated COVID-19 impacts.

Reinsurance Group of America reported a decrease in net income for the fourth quarter, with $132 million compared to $235 million in the prior year. Adjusted operating income also decreased to $81 million from $219 million in the same period last year. The results were negatively impacted by COVID-19 mortality claim costs.

Reinsurance Group of America reported a decrease in net income and adjusted operating income compared to the prior-year quarter, but the impact of COVID-19 claims was manageable. The company's balance sheet remained strong with excess capital of approximately $1.5 billion.

Reinsurance Group of America reported a decrease in net income to $158 million, or $2.48 per diluted share, compared to $202 million, or $3.18 per diluted share, in the prior-year quarter. Adjusted operating income totaled $87 million, or $1.36 per diluted share, compared to $211 million, or $3.31 per diluted share, the year before. COVID-19 claims were estimated at $300 million globally.

Reinsurance Group of America reported a first quarter net loss of $88 million, or $1.41 per diluted share, compared with net income of $170 million, or $2.65 per diluted share, in the prior-year quarter. Adjusted operating income totaled $89 million, or $1.41 per diluted share, compared with $167 million, or $2.61 per diluted share, the year before.

Reinsurance Group of America reported Q4 net income of $235 million, or $3.68 per diluted share, compared to $110 million, or $1.72 per diluted share, in the prior-year quarter. Adjusted operating income totaled $219 million, or $3.43 per diluted share, compared to $222 million, or $3.46 per diluted share, the year before.