Quarterly ResultMay 7, 2026, 04:33 PM
RGA Q1 Adjusted EPS $6.97, Net Income $4.98; Declares $0.93 Dividend
AI Summary
Reinsurance Group of America (RGA) reported a strong start to 2026 with first-quarter results exceeding expectations. Net income available to RGA shareholders increased to $330 million, or $4.98 per diluted share, compared to $286 million, or $4.27 per diluted share, in the prior-year quarter. Adjusted operating income rose to $462 million, or $6.97 per diluted share, from $379 million, or $5.66 per diluted share, year-over-year. The company also declared a regular quarterly dividend of $0.93 per share and repurchased $50 million of common shares.
Key Highlights
- RGA Q1 Adjusted operating income per diluted share was $6.97, up from $5.66 in Q1 2025.
- Net income available to RGA shareholders per diluted share was $4.98, up from $4.27 in Q1 2025.
- Consolidated net premiums totaled $4.6 billion, an increase of 14.3% over Q1 2025.
- The board of directors declared a regular quarterly dividend of $0.93 per share.
- The company repurchased $50 million of common shares during the quarter.
- Adjusted operating return on equity (trailing twelve months) was 15.2%.
- U.S. and Latin America Traditional segment reported adjusted operating income before taxes of $138 million.
- EMEA Financial Solutions segment reported adjusted operating income before taxes of $128 million.