REINSURANCE GROUP OF AMERICA INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
RGA$274.06+2.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
(in millions, except per share amounts)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | ||||
| Net premiums | $4,391 | $4,255 | $13,687 | $10,977 |
| Net investment income | 1,188 | 922 | 3,231 | 2,635 |
| Investment related gains (losses), net | (78) | (126) | (498) | (326) |
| Other revenues | 150 | 102 | 446 | 274 |
| Total revenues | 5,651 | 5,153 | 16,866 | 13,560 |
| Benefits and expenses | ||||
| Claims and other policy benefits | 4,116 | 3,959 | 12,960 | 10,035 |
| Future policy benefits remeasurement (gains) losses | 151 | (82) | 37 | (95) |
| Market risk benefits remeasurement (gains) losses | 31 | (21) | (12) | (38) |
| Interest credited | 310 | 223 | 795 | 647 |
| Policy acquisition costs and other insurance expenses | 452 | 348 | 1,230 | 1,028 |
| Other operating expenses | 299 | 274 | 883 | 799 |
| Interest expense | 78 | 72 | 218 | 188 |
| Total benefits and expenses | 5,437 | 4,773 | 16,111 | 12,564 |
| Income before income taxes | 214 | 380 | 755 | 996 |
| Provision for income taxes | 56 | 91 | 181 | 247 |
| Net income | 158 | 289 | 574 | 749 |
| Net income attributable to noncontrolling interest | 2 | 2 | 5 | 5 |
| Net income available to RGA, Inc. shareholders | $156 | $287 | $569 | $744 |
| Earnings per share | ||||
| Basic earnings per share | $2.37 | $4.34 | $8.64 | $11.19 |
| Diluted earnings per share | $2.33 | $4.29 | $8.53 | $11.06 |
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