Reinsurance Group of America (NYSE: RGA) reported Q1 EPS of $2.61, $0.02 worse than the analyst estimate of $2.63. Revenue for the quarter came in at $3.42 billion versus the consensus estimate of $3.34 billion.

• Earnings per diluted share: $2.65 from net income, $2.61 from adjusted operating income*
• ROE 8.9% and adjusted operating ROE* 11.0% for the trailing twelve months
• Deployed capital of $100 million into in-force and other transactions and share buybacks

“We executed a number of in-force and other transactions across a range of product areas and geographies, putting to work $50 million of capital. We also repurchased $50 million of shares, and we ended the quarter with an excess capital position of approximately $0.9 billion.

“We are off to a good start in 2019, and we remain optimistic about our business overall. Our organic growth opportunities remain strong, the transaction pipeline remains very active, and we expect to continue to produce attractive financial returns.”

For earnings history and earnings-related data on Reinsurance Group of America (RGA) click here.