Reinsurance Group of America Reports First Quarter Results
- Earnings per diluted share: $2.65 from net income, $2.61 from adjusted operating income*
- ROE 8.9% and adjusted operating ROE* 11.0% for the trailing twelve months
- Deployed capital of $100 million into in-force and other transactions and share buybacks
ST. LOUIS, Apr. 29, 2019 - Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported first quarter net income of $169.5 million, or $2.65 per diluted share, compared with $100.2 million, or $1.52 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $167.2 million, or $2.61 per diluted share, compared with $105.7 million, or $1.61 per diluted share, the year before. Net foreign currency fluctuations had an adverse effect of $0.11 per diluted share on net income and adjusted operating income as compared with the prior year.