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

RGA's Operating Income Growth by Quarter and Year

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




RGA Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 953.00 970.00 718.00 787.00
III Quarter September 1,074.00 666.00 239.00 543.00
II Quarter June 603.00 541.00 767.00 429.00
I Quarter March 654.00 209.00 448.00 146.00
FY   3,284.00 2,386.00 2,172.00 1,905.00



RGA Operating Income fourth quarter 2023 Y/Y Growth Comment
Reinsurance Group Of America Incorporated reported decrease in Operating Income in the fourth quarter 2023 by -1.75% to $ 953.00 millions, from the same quarter in 2022.
The decrease in the fourth quarter 2023 Reinsurance Group Of America Incorporated's Operating Income compares unfavorably to the Company's average Operating Income growth of 8.21%.

Looking into fourth quarter 2023 results within Life Insurance industry 3 other companies have achieved higher Operating Income growth. While Reinsurance Group Of America Incorporated' s Operating Income decline of -1.75% ranks overall at the positon no. 522 in the fourth quarter 2023.

Explain Operating Income growth


RGA Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -1.75 % 35.1 % -8.77 % -12.73 %
III Quarter September 61.26 % 178.66 % -55.99 % -10.91 %
II Quarter June 11.46 % -29.47 % 78.79 % -19.66 %
I Quarter March 212.92 % -53.35 % 206.85 % -68.71 %
FY   37.64 % 9.85 % 14.02 % -24.16 %

Financial Statements
Reinsurance Group Of America Incorporated's fourth quarter 2023 Operating Income $ 953.00 millions RGA's Income Statement
Reinsurance Group Of America Incorporated's fourth quarter 2022 Operating Income $ 970.00 millions Quarterly RGA's Income Statement
New: More RGA's historic Operating Income Growth >>


RGA Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -11.27 % 45.65 % 200.42 % 44.94 %
III Quarter September 78.11 % 23.11 % -68.84 % 26.57 %
II Quarter June -7.8 % 158.85 % 71.21 % 193.84 %
I Quarter March -32.58 % -70.89 % -43.07 % -83.81 %
FY (Year on Year)   37.64 % 9.85 % 14.02 % -24.16 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #125
Overall #522

Operating Income Y/Y Growth Statistics
High Average Low
69.48 % 8.21 % -32.93 %
(Jun 30 2023)   (Jun 30 2022)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #125
Overall #522
Operating Income Y/Y Growth Statistics
High Average Low
69.48 % 8.21 % -32.93 %
(Jun 30 2023)   (Jun 30 2022)

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

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


Operating Income Q/Q Growth Statistics
High Average Low
387.09 % 33.36 % -83.81 %
(Sep 30 2013)  


RGA's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated realized drop in Operating Income from the previous quarter by -11.27% to $ 953.00 millions, from $ 1,074.00 millions released in the previous quarter.

Some seasonal factors which normally fuel IV. Quarter 2023 results, were not able to rescue the IV. Quarter for the Reinsurance Group Of America Incorporated, Anna Svensson, market contributor allocated in Goteborg pointed out and mentioned that average sequential Operating Income growth is at 33.36% for the Life Insurance's company.

Within Life Insurance industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Operating Income growth quarter on quarter, overall rank is 801.


Operating Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #6
Financial Sector #199
Overall #801
Operating Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #6
Financial Sector #199
Overall #801
Operating Income Q/Q Growth Statistics
High Average Low
387.09 % 33.36 % -83.81 %
(Sep 30 2013)  


RGA's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated reported drop in Operating Income from the third quarter by -11.27% to $ 953.00 millions, from $ 1,074.00 millions achived in the previous quarter.

Some seasonal factors which commonly elevate IV. Quarter 2023 results, were not able to salvage the IV. Quarter for the Reinsurance Group Of America Incorporated, Anna Svensson, market contributor allocated in Goteborg pointed out, she voiced certan caution conserning RGA's perspective, she sees new difficulties onward for Reinsurance Group Of America Incorporated and continued that average quarter on quarter Operating Income growth is at 33.36% for Reinsurance Group Of America Incorporated.

Within Life Insurance industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Operating Income growth quarter on quarter, overall rank is 801.


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


Operating 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 Operating Income 12 Months Ending $ 3,284.00 $ 3,301.00 $ 2,893.00 $ 2,831.00 $ 2,386.00
Y / Y Operating Income Growth (TTM) 37.64 % 54.69 % 69.48 % 46.46 % 9.85 %
Year on Year Operating Income Growth Overall Ranking # 553 # 1160 # 1619 # 860 # 722
Seqeuential Operating Income Change (TTM) -0.51 % 14.1 % 2.19 % 18.65 % 11.81 %
Seq. Operating Income Growth (TTM) Overall Ranking # 522 # 580 # 1337 # 833 # 1411




Cumulative Operating 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 Operating Income rise of 37.64% year on year, of $ 3,284 millions.
This marks a slow-down of the companys growth trends and from the 54.69% increase in Sep 30 2023.

In the Financial sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 553, from total ranking in previous quarter at 1160.

Operating Income TTM Q/Q Growth Statistics
High Average Low
69.48 %
8.21 %
-32.93 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 133
Overall # 553

Operating Income TTM Y/Y Growth Statistics
High Average Low
69.48 %
8.21 %
-32.93 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 125
S&P 500 # 522
Cumulative Operating 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 Operating Income rise of 37.64% year on year, of $ 3,284 millions.
This marks a slow-down of the companys growth trends and from the 54.69% increase in Sep 30 2023.

In the Financial sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 553, from total ranking in previous quarter at 1160.

Operating Income TTM Q/Q Growth Statistics
High Average Low
69.48 %
8.21 %
-32.93 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 133
Overall # 553

Operating Income TTM Y/Y Growth Statistics
High Average Low
69.48 %
8.21 %
-32.93 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 125
S&P 500 # 522




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



Companies with similar Operating Income increase for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Orix Corporation-1.07%$ -1.070 millions
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Cno Financial Group Inc -4.22%$ -4.215 millions
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Progressive Corp-5.90%$ -5.899 millions
Barclays Plc-6.49%$ -6.489 millions
Republic Bancorp inc -6.62%$ -6.619 millions
Onemain Holdings Inc -6.75%$ -6.751 millions
Chemung Financial Corp-6.76%$ -6.761 millions
Iron Mountain Inc-7.03%$ -7.027 millions
Federal Home Loan Bank Of Boston-7.05%$ -7.049 millions
Tfs Financial Corporation-7.08%$ -7.077 millions
Franklin Financial Services Corporation-7.37%$ -7.368 millions
S and t Bancorp Inc -8.41%$ -8.410 millions
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Safety Insurance Group Inc -8.76%$ -8.758 millions
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