Reinsurance Group of America gains as favorable mortality experience helps Q2 results

Aug. 05, 2022 2:24 PM ETRGABy: Mary Christine Joy, SA News Editor

RGA (Reinsurance Group of America) Global Headquarters in Saint Louis, MO, USA.

JHVEPhoto/iStock Editorial via Getty Images

Reinsurance Group of America (RGA) is trading ~9% higher after the insurer reported a non-GAAP EPS consensus beat in Q2 on favorable mortality experience.

The reinsurer's Q2 non-GAAP EPS of $5.78 beats by $3.00, while revenue of $3.89B (-6.0% Y/Y) misses by $140M.

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