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Stock Alert: Reinsurance Group Of America Shares Up 11%

Shares of Reinsurance Group of America Inc. (RGA) are currently trading at $94.74, up $10.01 or 11.81% Wednesday morning. The stock has been trading in the range of $55.39 - $169.26 for the past one year.

The company's Q2 second quarter net income was $158 million or $2.48 per share compared to $202 million or $3.18 per share in the prior-year quarter.

Consolidated net premiums totaled $2.8 billion, an increase of 1% over last year's second quarter, with adverse net foreign currency effects of $45 million.

Total revenues increased to $3.61 billion from $3.47 billion generated a year ago.

Analysts polled by Thomson Reuters expected a loss of $0.89 per share for the quarter. Analysts' estimate typically exclude certain special items.

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