earnings
confidence high
sentiment positive
materiality 0.80
RGA Q3 net income $4.19/diluted vs loss last year; adjusted ops $5.20
REINSURANCE GROUP OF AMERICA INC
2022-Q3 EPS reported
$6.19
revenue$11,883,000,000
- Net income $284M ($4.19/diluted) vs loss of $22M ($0.32 loss) in Q3 2021.
- Adjusted operating income $352M ($5.20/diluted) vs loss of $75M ($1.11 loss) prior year.
- Net premiums $3.247B, up 4.9% YoY (10.1% on constant currency basis).
- Deployed $100M into transactions; returned $79M to shareholders ($25M buybacks, $54M dividends).
- COVID-19 estimated pre-tax impact of $89M ($1.00/diluted); quarterly dividend $0.80 payable Nov 29.