US life reinsurer Reinsurance Group of America has reported a fourth-quarter net loss because of capital losses and the costs of an arbitration settlement in its discontinued accident and health reinsurance operations.
The company reported a net loss of $28.1m (£20m), or 57 cents per share, compared with a net profit of $9.2m (£6.5m), or 19 cents per share, a year earlier.
The net loss included $23.4m (£16.5m) in after-tax net capital losses and a loss of $6.9m (£5m) from an arbitration settlement related to the company's discontinued health and accident segment.
Operating earnings from continuing operations were $2.2m (£1.5m), or 4 cents per share.
Fourth-quarter premiums increased 17% to $482m (£342m) from $413m (£293m).
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
