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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.
