Reinsurance Group of America up on Q3 profit beat

Reinsurance of America, Incorporated

03/11/2023 14:00

** Shares of Reinsurance Group of America  RGA.N  rise ~4.7%
to $155.69 
    ** Life and health reinsurance firm reports Q3 adjusted
operating income of $5.57/shr vs avg analysts' estimate of
$4.27/shr, according to LSEG data
    ** Q3 net premiums jump 31% to $4.26 bln, driven by $820 mln
contribution from U.S. Financial Solutions business
    ** RGA says it continues to see very strong momentum in new
business activities and pipelines
    ** Up to last close, stock up ~4.7% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com))