Reinsurance Group Of America Q3 Profit Shrinks - Quick Facts

(RTTNews) - Reinsurance Group of America Inc. (RGA) Monday reported third-quarter profit of $138.0 million or $1.93 per share, down from $144.5 million or $1.95 per share in the same period last year.

Operating income for the quarter was $152.9 million or $2.14 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $1.84 per share for the quarter. Analysts' estimates typically exclude special items.

Net premiums improved to $2.03 billion from $1.91 billion last year. Investment income decreased 7 percent to $369.4 million from $396.8 million last year.

Book value per share was 67.98, compared to 62.05 last year.