Reinsurance Group: 3Q Earnings Snapshot

CHESTERFIELD, Mo. (AP) _ Reinsurance Group of America Inc. (RGA) on Thursday reported third-quarter net income of $213 million.

On a per-share basis, the Chesterfield, Missouri-based company said it had profit of $3.12. Earnings, adjusted for non-recurring costs, came to $3.51 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.

The reinsurance company posted revenue of $3.64 billion in the period. Its adjusted revenue was $3.58 billion.

Reinsurance Group shares have declined 35% since the beginning of the year. The stock has decreased 35% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGA at https://www.zacks.com/ap/RGA