CHESTERFIELD, Mo. (AP) — CHESTERFIELD, Mo. (AP) — Reinsurance Group of America Inc. (RGA) on Thursday reported fourth-quarter earnings of $463 million.
The Chesterfield, Missouri-based company said it had net income of $6.97 per share. Earnings, adjusted for investment costs, were $7.75 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $5.86 per share.
The reinsurance company posted revenue of $6.64 billion in the period. Its adjusted revenue was $6.77 billion.
For the year, the company reported profit of $1.18 billion, or $17.69 per share. Revenue was reported as $23.94 billion.
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