earnings
confidence high
sentiment positive
materiality 0.75
RGA Q1 net income $3.72/diluted, premiums up 7.3%; declares $0.80 dividend
REINSURANCE GROUP OF AMERICA INC
2023-Q1 EPS reported
$3.72
revenue$4,251,000,000
- Net income $252M ($3.72/diluted) vs $197M ($2.91) in prior-year quarter.
- Adjusted operating income $349M ($5.16/diluted) vs $283M ($4.18) YoY.
- Premium growth 7.3% YoY (10.8% constant currency) to $3.385B.
- Deployed $194M into in-force transactions; returned $103M via buybacks ($50M) and dividends ($53M).
- Quarterly dividend $0.80/share declared, payable May 30 to holders of record May 16.