RGA Executives Look at What COVID-19 Is Really Doing: Earnings
November 17, 2020 by Allison Bell
Reinsurance Group of America said that it did well in the third quarter, and that claims related to the COVID-19 pandemic continued to be toward the lower end of what it might have expected from a major pandemic.
But executives at RGA (NYSE: RGA) have been watching the pandemic closely. Jonathan Porter, the Chesterfield, Missouri-based company’s global chief risk officer, said during a recent conference call with securities analysts that it has seen about $140 million individual COVID-19-related mortality claims, before taxes.