Loading...
•
Sep 30, 2020
RGA Q3 2020 Earnings Report
RGA reported third quarter results with net income of $3.12 per diluted share and adjusted operating income of $3.51 per diluted share.
Key Takeaways
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.
Net income was $3.12 per diluted share.
Adjusted operating income was $3.51 per diluted share.
Global COVID-19 claim costs were estimated to be $140 million.
The balance sheet remained strong, with excess capital of approximately $1.5 billion.
Revenue by Geographic Location
Forward Guidance
While there remains uncertainty as to the ongoing and ultimate impact of COVID-19 on our business, we believe that our strong financial condition and global business platform position us to successfully manage through this period.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...