REINSURANCE GROUP OF AMERICA INC [RZC] reports annual net loss of $909.0 million
Company Reports Revenue of $18.6 billion
REINSURANCE GROUP OF AMERICA INC [RZC] has reported a net loss of $909.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $18.6 billion
Based in CHESTERFIELD, Missouri, REINSURANCE GROUP OF AMERICA INC operates in the FINANCE sector.
In the consolidated statements of income for the financial year ending December 31, 2023, RGA, Inc. reported total revenues of $18.57 billion, compared to $16.23 billion in the previous year and $16.67 billion in the year before that. This represents an increase in revenue over the previous periods.
The total benefits and expenses for the same period amounted to $17.41 billion, higher than the $15.51 billion recorded in the previous year and $15.28 billion in the year before that. This increase in expenses impacted the overall financial performance of the company.