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Reinsurance Group Of America Inc (RGA) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
What You Need to Know COVID-19 led to $340 million in U.S. individual life claims. The level of claims per 100,000 reported U.S. deaths was at the lower end of what RGA had expected. Increased mortality added $11 million to longevity reinsurance results. Reinsurance Group of America Inc. says it did well in the first quarter despite a big surge in COVID-19 mortality claims. RGA protects life insurers against the risk that death benefits claims will be higher than expected, and pension plans and annuity issuers against the risk that annuity benefits streams will last longer than expected. COVID-19 killed about 191,000 U.S. residents in the first quarter, and it has killed a total of about 565,000 people in the United States, according to the U.S. Centers for Disease Control and Prevention. ....
Operator Please standby. Good day, and welcome to the Reinsurance Group of America First Quarter 2021 Results Conference Call. [Operator Instructions] At this time, I would like to introduce Mr. Todd Larson, Senior Executive Vice President and Chief Financial Officer; and Anna Manning, President and Chief Executive Officer. Please go ahead, Mr. Larson. Todd C. Larson Senior Executive Vice President and Chief Financial Officer Thank you. Good morning, and welcome to RGA s First Quarter 2021 Conference Call. With me this morning on the call is Anna Manning, RGA s President and Chief Executive Officer; Alain Neemeh, Chief Operating Officer; Leslie Barbi, our Chief Investment Officer; Jonathan Porter, Chief Risk Officer; and Jeff Hopson, Head of Investor Relations. We will discuss the first quarter results after a quick reminder about forward-looking information and non-GAAP financial measures. ....
A Central Carolina Hospital official said Tuesday the facility is seeing an increase in COVID-19 patients, but workers are prepared. âWhile we are not experiencing the issues that hospitals in other parts of the state and country are seeing, we know that we will likely see a surge of COVID-19 as we go into January,â Spencer Thomas, the hospitalâs chief executive officer, said in a news release. âWe have not experienced critical staffing shortages over the last 14 days,â he said. California is one state that has reached capacity to treat patients because of the COVID-19 influx. Closer to home, Johnston County officials reported Monday that its two hospitals had reached capacity. ....
County reports largest jump in virus cases in a week sanfordherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanfordherald.com Daily Mail and Mail on Sunday newspapers.