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Reinsurance Group of America Reports Second Quarter Results

Second Quarter Results

  • Net income available to RGA shareholders of $7.01 per diluted share, compared with $2.70 per diluted share in the prior-year quarter.
  • Adjusted operating income of $8.89 per diluted share, compared with $4.72 per diluted share in the prior-year quarter.
  • Return on equity (“ROE”) of 11.5%; adjusted operating ROE of 17.4%; adjusted operating ROE, excluding notable items of 18.4%, each for the trailing twelve months.
  • Returned $111 million to shareholders in the quarter, including $50 million of shares repurchased and $61 million in dividends paid. The Board of Directors declared a regular quarterly dividend of $0.98, representing a 5.4% increase, to be paid in the third quarter.

ST. LOUIS, August 6, 2026 - Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported second quarter net income available to RGA shareholders of $462 million, or $7.01 per diluted share, compared with $180 million, or $2.70 per diluted share, in the prior-year quarter. Adjusted operating income for the second quarter totaled $586 million, or $8.89 per diluted share, compared with $315 million, or $4.72 per diluted share, in the prior-year quarter. Net foreign currency fluctuations had an unfavorable effect of $0.05 per diluted share on net income available to RGA shareholders, and $0.08 per diluted share on adjusted operating income, both as compared with the prior-year quarter.

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