Reinsurance Group of America Inc. reported un-audited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, total revenues were $2,828,591,000 compared to $2,697,413,000 a year ago. Net premiums were $2,328,501,000 compared to $2,217,772,000 a year ago. Income before income taxes was $206,743,000 compared to $276,743,000 a year ago. Operating income was $187,950,000 or $2.84 per diluted share compared to $208,288,000 or $2.99 per diluted share for the last year. Book value per share as on December 31, 2015 was $94.09 compared to $102.13 per share as on December 31, 2014. Pre-tax operating income was $247,113,000 compared to $304,256,000 a year ago. Net income was $163,127,000 or $2.46 per diluted share compared to net income of $191,091,000 or $2.75 per diluted share for the last year. On an adjusted basis, operating income was $2.84 per share, down from $2.99 per share in the prior year period.

For the full year, total revenues were $10,418,178,000 compared to $10,904,194,000 a year ago. Net premiums were $8,570,741,000 compared to $8,669,854,000 a year ago. Income before income taxes was $744,795,000 compared to $1,008,533,000 a year ago. Operating income was $567,084,000 or $8.43 per diluted share compared to $638,049,000 or $9.12 per diluted share for the last year. Pre-tax operating income was $848,070,000 compared to $941,883,000 a year ago. Net income was $502,166,000 or $7.46 per diluted share compared to net income of $684,047,000 or $9.78 per diluted share for the last year.