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Reinsurance Group Of America Incorporated  (RGA)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 

RGA's Net Income Growth by Quarter and Year

Reinsurance Group Of America Incorporated's Net Income results by quarter and year




RGA Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 160.00 206.00 156.00 132.00
III Quarter September 289.00 285.00 -22.00 213.00
II Quarter June 207.00 199.00 344.00 158.00
I Quarter March 253.00 -63.00 139.00 -88.00
FY   909.00 627.00 617.00 415.00



RGA Net Income fourth quarter 2023 Y/Y Growth Comment
Reinsurance Group Of America Incorporated reported decline in Net Income in the fourth quarter 2023 by -22.33% to $ 160.00 millions, from the same quarter in 2022.
The contraction in the fourth quarter 2023 Reinsurance Group Of America Incorporated's Net Income compares unfavorably to the Company's average Net Income rise of 25.44%.

Looking into fourth quarter 2023 results within Life Insurance industry 3 other companies have achieved higher Net Income growth. While Reinsurance Group Of America Incorporated' s Net Income fall of -22.33% ranks overall at the positon no. 609 in the fourth quarter 2023.




RGA Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -22.33 % 32.05 % 18.18 % -43.84 %
III Quarter September 1.4 % - - -18.94 %
II Quarter June 4.02 % -42.15 % 117.72 % -22.05 %
I Quarter March - - - -
FY   44.98 % 1.62 % 48.67 % -52.3 %

Financial Statements
Reinsurance Group Of America Incorporated's fourth quarter 2023 Net Income $ 160.00 millions RGA's Income Statement
Reinsurance Group Of America Incorporated's fourth quarter 2022 Net Income $ 206.00 millions Quarterly RGA's Income Statement
New: More RGA's historic Net Income Growth >>


RGA Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -44.64 % -27.72 % - -38.03 %
III Quarter September 39.61 % 43.22 % - 34.81 %
II Quarter June -18.18 % - 147.48 % -
I Quarter March 22.82 % - 5.3 % -
FY (Year on Year)   44.98 % 1.62 % 48.67 % -52.3 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #125
Overall #609

Net Income Y/Y Growth Statistics
High Average Low
252.22 % 25.44 % -67.39 %
(Jun 30 2023)   (Jun 30 2022)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #125
Overall #609
Net Income Y/Y Growth Statistics
High Average Low
252.22 % 25.44 % -67.39 %
(Jun 30 2023)   (Jun 30 2022)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Reinsurance Group Of America Incorporated's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
434.68 % 26.63 % -91.76 %
(Dec 31 2017)  


RGA's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated disclosed fall in Net Income sequentially by -44.64% to $ 160.00 millions, from $ 289.00 millions achived in the previous reporting period.

When you evaluate present shortcoming in the quarter, you suppose to take into consideration, that usually IV. Quarter 2023 results emerge softer in contrast to the third quarter, Sarah M. Parker, a business contributor from Dublin added.

Within Life Insurance industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Net Income growth quarter on quarter, overall rank is 1166.


Net Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #302
Overall #1166
Net Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #302
Overall #1166
Net Income Q/Q Growth Statistics
High Average Low
434.68 % 26.63 % -91.76 %
(Dec 31 2017)  


RGA's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated realized fall in Net Income sequentially by -44.64% to $ 160.00 millions, from $ 289.00 millions released a quarter before.

This is not huge issue, as IV. Quarter Net Income always tend to plunge in the IV. Quarter.

Within Life Insurance industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Net Income growth quarter on quarter, overall rank is 1166.


Reinsurance Group Of America Incorporated's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 909.00 $ 955.00 $ 951.00 $ 943.00 $ 627.00
Y / Y Net Income Growth (TTM) 44.98 % 65.51 % 252.22 % 127.23 % 1.62 %
Year on Year Net Income Growth Overall Ranking # 716 # 559 # 1631 # 904 # 341
Seqeuential Net Income Change (TTM) -4.82 % 0.42 % 0.85 % 50.4 % 8.67 %
Seq. Net Income Growth (TTM) Overall Ranking # 609 # 96 # 1407 # 888 # 821




Cumulative Net Income growth Comment
Assuming the Reinsurance Group Of America Incorporated's fiscal year would have ended in Dec 31 2023, Reinsurance Group Of America Incorporated would have reprted above average annual Net Income growth of 44.98% year on year, of $ 909 millions.
This marks a slow-down of the companys growth trends and from the 65.51% increase in Sep 30 2023.

In the Financial sector 149 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 559 to 716.

Net Income TTM Q/Q Growth Statistics
High Average Low
252.22 %
25.44 %
-67.39 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 150
Overall # 716

Net Income TTM Y/Y Growth Statistics
High Average Low
252.22 %
25.44 %
-67.39 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 125
S&P 500 # 609
Cumulative Net Income growth Comment
Assuming the Reinsurance Group Of America Incorporated's fiscal year would have ended in Dec 31 2023, Reinsurance Group Of America Incorporated would have reprted above average annual Net Income growth of 44.98% year on year, of $ 909 millions.
This marks a slow-down of the companys growth trends and from the 65.51% increase in Sep 30 2023.

In the Financial sector 149 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 559 to 716.

Net Income TTM Q/Q Growth Statistics
High Average Low
252.22 %
25.44 %
-67.39 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 150
Overall # 716

Net Income TTM Y/Y Growth Statistics
High Average Low
252.22 %
25.44 %
-67.39 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 125
S&P 500 # 609




Other Net Income Growth
Life Insurance Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
RGA's Net Income Growth Ratio versus Life Insurance Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for RGA's Competitors
Net Income Growth for Reinsurance Group Of America Incorporated's Suppliers
Net Income Growth for RGA's Customers

You may also want to know
RGA's Annual Growth Rates RGA's Profitability Ratios RGA's Asset Turnover Ratio RGA's Dividend Growth
RGA's Roe RGA's Valuation Ratios RGA's Financial Strength Ratios RGA's Dividend Payout Ratio
RGA's Roa RGA's Inventory Turnover Ratio RGA's Growth Rates RGA's Dividend Comparisons



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