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RGA ahead at 3Q

Specialist life reinsurer, Reinsurance group of America (RGA) has reported net income for the third quarter of $74.0m compared to $67.6m in the prior-year quarter.

RGA said third-quarter net premiums rose 11 percent, to $1,076.2m, from $973.5m a year ago. Net investment income totalled $183.4m versus $166.5m the year before.

The figures beat market consensus

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