earnings
confidence high
sentiment positive
materiality 0.75
RGA Q3 net income $4.29/diluted share; adjusted operating $5.57/diluted share
REINSURANCE GROUP OF AMERICA INC
2023-Q3 EPS reported
$11.06
revenue$13,560,000,000
- Net income available to RGA shareholders of $287M, or $4.29 per diluted share, vs. net loss of $76M in prior-year quarter.
- Adjusted operating income $372M ($5.57 per diluted share), up from $16M ($0.24) year-over-year.
- Net premiums $4.255B, growth of 31.0% over prior-year quarter (30.6% constant currency).
- Quarterly dividend of $0.85 declared, payable Nov 28, 2023 to holders of record Nov 14.
- Deployed $203M into in-force and other transactions in Q3; $587M year-to-date.