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Reinsurance Group of America Reports Fourth Quarter Results
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Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported fourth quarter net income of $132 million, or $1.94 per diluted share, compared with $235 million, or $3.68 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $81 million, or $1.19 per diluted share, compared with $219 million, or $3.43 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.06 per diluted share on net income and $0.04 per diluted share on adjusted operating income as compared with the prior year.
www.rgare.com rga reinsurance company is a subsidiary of reinsurance group of america, incorporated (nyse: rga), which is an international global life and health reinsurance company with approximately $2.9 trillion of life reinsurance in force and assets of $44.7 billion, as of december 31, 2014. business lines include individual life reinsurance, individual living benefits reinsurance, health reinsurance, long-term care reinsurance, group reinsurance and financial solutions. rga also supports clients with bancassurance and retakaful. rga is the worldwide leader in facultative underwriting. as a global organization, rga has received nearly 5 million facultative cases since 1979. rga also offers product development, risk management, e-underwriting solutions and client training opportunities. rga has operations in 27 countries: australia, barbados, bermuda, canada, china, france, germany, hong kong, india, ireland, italy, japan, malaysia, mexico, the netherlands, new zealand, pol
