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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.

 

 

Quarterly Results

 

Year-to-Date Results

($ in millions, except per share data)

 

2020

 

2019

 

2020

 

2019

Net premiums

 

$

3,260

 

 

$

2,986

 

 

$

11,694

 

 

$

11,297

 

Net income

 

132

 

 

235

 

 

415

 

 

870

 

Net income per diluted share

 

1.94