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The latest update is out from Reinsurance Group ( (RGA) ).
On February 6, 2025, Reinsurance Group of America reported its fourth quarter and full year results, revealing a net income of $148 million for the fourth quarter, or $2.22 per diluted share, compared to $158 million, or $2.37 per share, in the previous year. The company deployed a record $1,676 million into in-force transactions over the year and increased its in-force business margins by $4.6 billion. Despite a favorable impact from foreign currency fluctuations, the full year’s net income of $717 million was below the previous year’s $902 million. However, adjusted operating income excluding notable items reached $1,510 million, indicating strong performance and growth in new business, supported by exclusive opportunities. The board declared a quarterly dividend of $0.89 per share, reflecting continued positive business conditions and financial optimism.
More about Reinsurance Group
Reinsurance Group of America, Incorporated (RGA) is a leading global provider of life and health reinsurance. It focuses on deploying capital into in-force block transactions and enhancing the value of its in-force business, positioning itself as a key player in the reinsurance industry.
YTD Price Performance: 6.55%
Average Trading Volume: 387,106
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.12B
Learn more about RGA stock on TipRanks’ Stock Analysis page.