Reinsurance Group of America Reports First-Quarter Results
- Earnings per diluted share: $2.22 from net income, $1.86 from adjusted operating income*
- ROE 10 percent and adjusted operating ROE* 11 percent for the trailing twelve months
- Reported net premiums increased 10 percent in the first quarter
ST. LOUIS, April 27, 2017 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported first-quarter net income of $145.5 million, or $2.22 per diluted share, compared with $76.5 million, or $1.17 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $122.1 million, or $1.86 per diluted share, compared with $120.8 million, or $1.85 per diluted share, the year before. Net foreign currency fluctuations had an adverse effect of $0.03 per diluted share on net income, and $0.02 per diluted share on adjusted operating income.