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Reinsurance Group of America Reports Fourth Quarter Results

  • Earnings per diluted share: $3.68 from net income, $3.43 from adjusted operating income*
  • Full-year earnings per diluted share: $13.62 from net income, $13.35 from adjusted operating income*
  • ROE 8.4% and adjusted operating ROE* 10.5% for the full year
  • Deployed capital of $78 million into in-force and other transactions in the quarter, $465 million in the year
ST. LOUIS, Jan. 28, 2020 – Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported fourth quarter net income of $235 million, or $3.68 per diluted share, compared with $110 million, or $1.72 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $219 million, or $3.43 per diluted share, compared with $222 million, or $3.46 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.01 per diluted share on net income and adjusted operating income as compared with the prior year.

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