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Sep 30, 2024
RGA Q3 2024 Earnings Report
RGA's financial performance excelled, marked by record results and strategic capital deployment.
Key Takeaways
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.
Net income available to RGA shareholders was $2.33 per diluted share.
Adjusted operating income reached $3.62 per diluted share.
Adjusted operating income, excluding notable items, was $6.13 per diluted share, a record quarterly result.
Capital deployment into in-force block transactions totaled $382 million.
RGA
RGA
RGA Revenue by Segment
RGA Revenue by Geographic Location
Revenue by Segment
US & Latin America Traditional Revenue
CapyFin.comCanada Traditional Revenue
CapyFin.comEMEA Traditional Revenue
CapyFin.comAsia Pacific Traditional Revenue
CapyFin.comAsia Pacific Financial Solutions Revenue
CapyFin.comRevenue by Geographic Location
US & Latin America Revenue
CapyFin.comCanada Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Based on favorable business conditions and RGA’s global leadership position, the company is optimistic about the future and expects to continue to deliver attractive financial results over time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income