Reinsurance Group of America (RGA) Misses Q2 EPS by 23c
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Reinsurance Group of America Reports Second-Quarter Results
July 23, 2015 4:15 PM EDTEarnings per diluted share: $1.94 from operating income* and net income Higher tax provision and adverse foreign currency translation had a negative impact of $0.14 and $0.08 per diluted share, respectively Strong results in EMEA and Asia offset by weakness in U.S. Traditional and Australia; Global Financial Solutions (GFS) continues strong performance trend Reported net premiums decreased 2 percent; up 8 percent net of foreign currency and the effect of fourth-quarter 2014 retrocession transaction Quarterly shareholder dividend raised 12 percent Share repurchase... More
