RGA Q4 net income falls 46% to $158M; adj. EPS rises to $4.73, premium growth 19%

REINSURANCE GROUP OF AMERICA INC

2023-FY EPS reported $13.44 revenue$18,567,000,000

Q4 net income $158M ($2.37 diluted EPS) vs $291M ($4.30) year ago; adj. operating income $316M ($4.73) vs $312M ($4.60).
Full year net income $902M ($13.44 EPS); adj. operating income $1,334M ($19.88 EPS); ROE 11.4%, adj. op ROE 14.5%.
Net premiums grew 19.2% in Q4 (18.7% constant currency) and 15.3% for full year.
Deployed $346M into in-force transactions in Q4 and $933M for full year.
Quarterly dividend of $0.85/share declared, payable Feb 27 to holders of record Feb 13; $50M in share repurchases during Q4.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

REINSURANCE GROUP OF AMERICA INC reported the three-month period ended December 31, 2023 results: net income $158 million, EPS $2.37 per diluted share.

Period: the three-month period ended December 31, 2023
Net income: $158 million
EPS: $2.37 per diluted share
Result: reported results

Exact text from the filing

On February 1, 2024, Reinsurance Group of America, Incorporated (the "Company") issued (1) a press release (the "Press Release") announcing its earnings for the three-month period ended December 31, 2023

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

REINSURANCE GROUP OF AMERICA INC reported the fiscal year ended December 31, 2023 results: net income $902 million, EPS $13.44 per diluted share.

Period: the fiscal year ended December 31, 2023
Net income: $902 million
EPS: $13.44 per diluted share
Result: reported results

Exact text from the filing

Full Year Results • Net income available to RGA shareholders of $13.44 per diluted share

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

REINSURANCE GROUP OF AMERICA INC filing history →

Source: SEC EDGAR

accession 0000898174-24-000038

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