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Reinsurance Group of America Reports First Quarter Results

First Quarter Results

  • Net income available to RGA shareholders of $4.98 per diluted share
  • Adjusted operating income of $6.97 per diluted share
  • ROE of 9.7%; adjusted operating ROE of 15.2%; adjusted operating ROE, excluding notable items of 16.2%, each for the trailing twelve months
  • Favorable economic claims experience across all regions
  • Repurchased $50 million of common shares

ST. LOUIS, May 7, 2026 - Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported first quarter net income available to RGA shareholders of $330 million, or $4.98 per diluted share, compared with $286 million, or $4.27 per diluted share, in the prior-year quarter. Adjusted operating income for the first quarter totaled $462 million, or $6.97 per diluted share, compared with $379 million, or $5.66 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.21 per diluted share on net income available to RGA shareholders, and $0.20 per diluted share on adjusted operating income, both as compared with the prior year.

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