Reinsurance Group of America (RGA) Misses Q4 EPS by 77c, Revenue Beats

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Reinsurance Group of America Reports Fourth Quarter and Full Year Results

February 2, 2023 4:15 PM EST

Fourth Quarter Results

Net income available to RGA shareholders of $3.02 per diluted share, including adverse foreign currency effects of $0.42 per diluted share Adjusted operating income* of $2.99 per diluted share, including adverse foreign currency effects of $0.22 per diluted share Premium growth of 1.1% over the prior-year quarter, 6.0% on a constant currency basis Deployed capital of $80 million into in-force and other transactions Total shareholder capital returns of $78 million: $25 million of share repurchases and $53 million of shareholder dividends Estimated COVID-19 impacts1 of approximately $70 million on a pre-tax basis, or $0.78 per diluted... More