earnings
confidence high
sentiment positive
materiality 0.70
RGA reports Q1 adjusted EPS $6.02, premiums up 59% YoY; net income $210M vs $252M
REINSURANCE GROUP OF AMERICA INC
2024-Q1 EPS reported
$3.16
revenue$6,337,000,000
- Net income $210M ($3.16/diluted) down from $252M; adjusted operating income $401M ($6.02) up from $349M.
- Premiums grew 58.8% to $5,376M from $3,385M prior year; constant currency growth 59.2%.
- Deployed $737M into in-force transactions during the quarter.
- Board declared $0.85 quarterly dividend, payable May 28 to holders of record May 14.
- Trailing twelve-month ROE 10.2%, adjusted operating ROE 14.8%.