Reinsurance Group of America Reports Second-Quarter Results
- Earnings per diluted share: $3.13 from net income, $3.10 from adjusted operating income*
- ROE 20.2 percent and adjusted operating ROE* 9.9 percent for the trailing twelve months
- Reported net premiums increased 5 percent in the second quarter
- Quarterly shareholder dividend raised 20 percent to $0.60 per quarter
ST. LOUIS, July 26, 2018 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported second-quarter net income of $204.4 million, or $3.13 per diluted share, compared with $232.2 million, or $3.54 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $202.1 million, or $3.10 per diluted share, compared with $193.7 million, or $2.95 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.08 per diluted share on net income and $0.07 per diluted share on adjusted operating income.