Reinsurance Group Reports Strong Third-Quarter Results

Reinsurance Group ( (RGA) ) has shared an announcement.

Reinsurance Group of America, a prominent provider in life and health reinsurance, reported impressive third-quarter results with a record adjusted operating income of $6.13 per diluted share, excluding notable items, and a strong adjusted operating ROE of 15.5%. The company deployed $382 million in capital for in-force block transactions and enhanced its value of in-force business margins by 13.9% over the first nine months. Despite facing some unfavorable impacts from updated actuarial assumptions, RGA remains optimistic about future performance due to its robust balance sheet and strategic initiatives.

Learn more about RGA stock on TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.