REINSURANCE GROUP OF AMERICA INC
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
RGA$274.06+2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(in millions, except per share amounts)
| For the years ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenues | |||
| Net premiums | $15,085 | $13,078 | $12,513 |
| Net investment income | 3,591 | 3,161 | 3,138 |
| Investment related gains (losses), net | (481) | (539) | 567 |
| Other revenues | 372 | 527 | 449 |
| Total revenues | 18,567 | 16,227 | 16,667 |
| Benefits and expenses | |||
| Claims and other policy benefits | 13,872 | 11,982 | 11,673 |
| Future policy benefits remeasurement (gains) losses | (62) | 291 | 567 |
| Market risk benefits remeasurement (gains) losses | (10) | 10 | (58) |
| Interest credited | 864 | 682 | 700 |
| Policy acquisition costs and other insurance expenses | 1,397 | 1,344 | 1,325 |
| Other operating expenses | 1,089 | 1,009 | 936 |
| Interest expense | 257 | 191 | 139 |
| Total benefits and expenses | 17,407 | 15,509 | 15,282 |
| Income before income taxes | 1,160 | 718 | 1,385 |
| Provision for income taxes | 251 | 197 | 215 |
| Net income | 909 | 521 | 1,170 |
| Net income attributable to noncontrolling interest | 7 | 4 | — |
| Net income available to RGA, Inc. shareholders | $902 | $517 | $1,170 |
| Earnings per share | |||
| Basic earnings per share | $13.60 | $7.73 | $17.26 |
| Diluted earnings per share | 13.44 | 7.64 | 17.13 |
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