Reinsurance Group of America (NYSE:RGA) Delivers Impressive Q4 CY2025
Reinsurance Group of America (NYSE:RGA) reported better-than-expected Q4 CY2025 results, with revenue up 20.9% year-on-year to $6.64 billion and non-GAAP profit significantly exceeding analyst estimates. The company's CEO, Tony Cheng, highlighted strong contributions from most business segments, demonstrating the strength and diversity of its global platform. Despite a projected decrease in Book Value per Share for the next year, the current quarter's performance and outperformance against analyst expectations were deemed solid, leading to an immediate stock increase.
Qube Research & Technologies Ltd Grows Stake in Reinsurance Group of America, Incorporated $RGA
Qube Research & Technologies Ltd increased its stake in Reinsurance Group of America, Incorporated (NYSE:RGA) by 27.7%, acquiring an additional 98,960 shares, bringing its total to 456,708 shares valued at approximately $90.59 million. This move is part of a broader institutional trend, with overall institutional ownership of RGA standing at about 95.11%. Reinsurance Group of America has also reported strong financial performance, beating earnings expectations and offering a quarterly dividend, while analysts maintain a consensus "Moderate Buy" rating for the stock.
Reinsurance Group of America executive vice president Leslie Barbi to retire in April
Leslie Barbi, Executive Vice President and Chief Investment Officer of Reinsurance Group of America (NYSE: RGA), announced her retirement effective April 15, 2026. The company, valued at $12.66 billion, has a strong financial position, pays a dividend with a 1.93% yield, and has increased it for 16 consecutive years. Despite recently missing Q2 2025 EPS estimates due to market factors, RGA highlighted strong performance in Asian markets and successful transactions as strategic positives.
302 Shares in Reinsurance Group of America, Incorporated $RGA Bought by Trust Co. of Toledo NA OH
Trust Co. of Toledo NA OH recently acquired a new position in Reinsurance Group of America (RGA) by purchasing 302 shares. This article details other institutional investor activities, RGA's stock performance, dividend increase, and recent analyst rating changes, along with a company profile.
U.S. PRT market: Thriving under pressure
Despite recent legal challenges, the U.S. pension risk transfer (PRT) market remains robust and growing, with 2024 seeing a record 401 transactions and $51.8 billion in premium. The article highlights that PRT is a "win-win" for plan sponsors, retirees, and insurers, offering financial stability and security. It also addresses the increased legal scrutiny and allegations of insufficient due diligence, while asserting that the stringent regulatory oversight and financial strength of insurers ensure retiree protection.
RGA inks US$350m Swiss disability annuity reinsurance deal with Allianz
Reinsurance Group of America (RGA) has finalized a US$350 million asset-intensive reinsurance agreement with Allianz Suisse Versicherungs-Gesellschaft for Swiss disability annuity liabilities. This transaction, which RGA describes as the first of its kind in Switzerland, aims to bolster Allianz Suisse's capital position. RGA expects significant adjusted operating income contributions from its recent reinsurance deals, including a US$32 billion agreement with Equitable, with projections reaching approximately $200 million annually after 2026.
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
Swiss Re has risen to the top of AM Best's list of the world's 50 largest reinsurers, a change attributed to its adoption of the IFRS-17 accounting standards. This shift also caused a reshuffling among other top reinsurers, with Berkshire Hathaway now leading the non-IFRS-17 reporting group and Munich Re moving to second among IFRS-17 reporters. The report highlights the distinct metrics used for IFRS-17 and non-IFRS-17 companies, making direct comparisons challenging, and also discusses market performance and the outlook for 2025.
RGA Q2 net income drops as claims volatility impacts US life business
Reinsurance Group of America (RGA) reported a decrease in Q2 2025 net income to US$180 million, down from US$203 million in the prior year, primarily due to claims volatility in its US Individual Life business. Despite this, the company saw increased consolidated net premiums and investment income, and finalized a significant reinsurance agreement with Equitable Holdings. RGA maintains an optimistic outlook, anticipating attractive financial results in the future based on its strong market position and proven strategy.
RGA sees Q2’25 net income decline despite net premium increase
Reinsurance Group of America (RGA) reported a decrease in net income available to shareholders for Q2 2025, falling to $180 million from $203 million last year, despite a 5.9% increase in net premiums to $4.2 billion. The decline was primarily attributed to high claims volatility in the U.S. Individual Life business. However, strong new business, performance of the Creation Re strategy, and significant growth in estimated excess capital position the company well for future growth and capital returns.
Former Hannover Re executive joins RGA as chief medical director
Reinsurance Group of America (RGA) has appointed Dr. Nico van Zyl as senior vice president and chief medical director for its US individual life operations. Dr. van Zyl brings over two decades of experience, including nearly 14 years at Hannover Re, where he served as chief medical director and vice president. His appointment follows other leadership changes at RGA this year, including a new chief legal officer and a new CEO for RGA Australia and New Zealand.
ILS and collateralised reinsurers dominate Florida Citizens 2025 renewal
Florida Citizens Property Insurance Corporation's 2025 risk transfer program, valued at $4.49 billion, is largely dominated by insurance-linked securities (ILS) and collateralized markets. These capital market instruments constitute a significant 87% ($3.928 billion) of the total tower, with traditional reinsurers accounting for only 13%. This trend, similar to the previous year, highlights the increasing reliance on alternative capital for Florida Citizens' reinsurance needs.
RGA report highlights global surge in life and health product innovation
Reinsurance Group of America (RGA) has released its Q1 2025 global product trends report, indicating a worldwide rise in life and health insurance innovation. Insurers are expanding offerings across all major regions, with new products in life, medical, critical illness, and investment-linked categories, alongside emerging developments in fertility-related insurance and multi-generational benefits. This surge is set against a backdrop of anticipated growth in the global reinsurance sector, driven by demographic shifts and longer life expectancies.
Retirement readiness lags for many in Japan – RGA
A joint report by The Society of Actuaries (SOA) Research Institute and Reinsurance Group of America (RGA) reveals that many in Japan are unprepared for retirement due to an aging population and low financial literacy. The study, based on a November 2024 survey, highlights concerns about savings confidence, reliance on post-retirement earnings, and a preference for lower-risk, guaranteed income products. Despite some improvements in retirement planning engagement since 2018, there is a significant opportunity for the insurance industry to develop tailored solutions addressing both income and health-related risks for Japan's aging demographic.
Asia Insurance Industry Awards 2024 winners revealed
The 28th Asia Insurance Industry Awards have announced their winners, recognizing 20 top insurers, reinsurers, brokers, risk managers, and service providers from the region. The awards are known for their rigorous selection criteria and transparent judging process. This year, for the first time, there were ties in three categories, highlighting the strong competition and quality within the industry.
Monument Re completes €1.4bn portfolio transfer with RGA
Monument Re Limited has finalized the transfer of a €1.4 billion legacy reinsurance portfolio, consisting of annuity and life insurance liabilities from its 2020 Greycastle acquisition, to RGA Americas Reinsurance Company, Ltd. This transaction, completed on May 2nd, frees up capital for Monument Re to focus on its core strategy of European life insurance market consolidation and enhances its financial flexibility. Both Monument Re's CEO, Carlo Elsinghorst, and RGA's Emma Ferris highlighted the importance of a smooth transition for policyholders and RGA's ability to provide innovative solutions.
RGA names My Chi To chief legal officer and EVP, succeeding Bill Hutton
RGA has appointed My Chi To as executive vice president, chief legal officer, and corporate secretary, effective May 19, succeeding Bill Hutton who is retiring. To brings extensive experience from Voya Financial and the New York State Department of Financial Services, along with a distinguished legal career. She will report to RGA's president and CEO Tony Cheng and join the executive committee, leveraging her expertise in regulatory environments for the company's global expansion.
Reinsurance Group of America Announces First Quarter Earnings Release Date, Webcast
Reinsurance Group of America (NYSE:RGA) announced its first-quarter earnings will be released on Thursday, May 1, at approximately 4:15 p.m. Eastern Time, followed by a conference call on Friday, May 2, at 10 a.m. Eastern Time. The company, a global leader in life and health reinsurance, will make the release available via newswire and its website, www.rgare.com, where a live audio webcast and replay of the conference call will also be accessible. RGA highlighted its robust financial position with approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024.
American National to exit the life insurance business
American National Insurance Co. has announced its strategic decision to cease writing new life insurance policies to concentrate on other product lines, including annuities, pension risk transfer, and property & casualty. The company will continue to service all existing life insurance policies without interruption. This move follows its acquisition by Brookfield Reinsurance in 2022, which industry insiders linked to a focus on indexed annuities.
Joshua Hackett named Head of Casualty for Munich Reinsurance America
Munich Reinsurance America has appointed Joshua Hackett as its new Head of Casualty, effective March 31st, 2025. Hackett will report to Marcus Winter, President & CEO of Munich Re – North America, and will join the Executive Leadership Team. He brings extensive experience from Arch Re, Swiss Re, Goldman Sachs, Endurance, and Zurich.
Reinsurance Group: Q4 Earnings Snapshot
Reinsurance Group of America Inc. (RGA) reported strong fourth-quarter results, with profit reaching $158 million, or $2.37 per share, significantly exceeding analyst expectations. Adjusted earnings per share were $4.73, beating the average estimate of $4.40. The company's revenue also surpassed forecasts, reporting $5.01 billion, with adjusted revenue at $5.16 billion against an expected $4.56 billion.
Axel André Joins RGA to Succeed Todd Larson as Chief Financial Officer
Reinsurance Group of America, Incorporated (RGA) announced that Axel André will join the company as Executive Vice President on June 24, 2024, and is expected to be named Chief Financial Officer (CFO) effective August 5, succeeding Todd Larson. Todd Larson, who has served RGA for nearly 30 years, will transition to Special Advisor to the CEO before retiring on December 31, 2024. André brings extensive experience from his previous CFO roles at American Equity Investment Life Insurance Company and Jackson National Life Insurance.
Manulife announces $5.4 billion reinsurance transaction, including $2.4 billion of long-term care, with RGA
Manulife announced a $5.4 billion reinsurance agreement with Reinsurance Group of America (RGA), including $2.4 billion in long-term care (LTC) reserves. This transaction, Manulife's second major LTC reinsurance deal within 12 months, aims to optimize its portfolio, release $0.8 billion in capital for share buybacks, and further validate its LTC reserves and assumptions. The deal is expected to be accretive to core ROE and have a neutral impact on core EPS.
AllianceBernstein invests in Reinsurance Group of America sidecar vehicle, will manage private credit assets
AllianceBernstein has invested in a sidecar vehicle for Reinsurance Group of America and will be responsible for managing private credit assets within this new investment structure. The article also mentions other featured stories related to private credit, endowments, private equity, and pension funds.
RGA partners with American National for $3.5 billion coinsurance deal
Reinsurance Group of America (RGA) has entered a coinsurance agreement with American National Insurance Company, transferring approximately $3.5 billion of American National’s statutory reserves to RGA’s subsidiaries. This deal expands their relationship, with American National continuing policyholder service. Additionally, RGA reported its Q2 results, showing a slight decrease in net income but an increase in adjusted operating income and consolidated net premiums.
RGA Announces $3.5 Billion Coinsurance Transaction with American National Insurance Company
Reinsurance Group of America (RGA) announced a $3.5 billion coinsurance transaction with American National Insurance Company, transferring statutory reserves to RGA subsidiaries. This agreement expands RGA's relationship with American National and demonstrates RGA's expertise in providing tailored risk management solutions. The transaction closed on August 26, 2024, with an effective date of July 1, 2024.
Big St. Louis public company names next CFO
Reinsurance Group of America (RGA), a global life and health reinsurer based in Chesterfield, has announced the appointment of a new executive to succeed its retiring chief financial officer. This move by the St. Louis public company signals a leadership transition in a key financial role.
DigitalOwl Secures $12 Million in Funding
DigitalOwl, a New York-based insurtech company, has secured $12 million in funding, bringing its total funding to over $38 million since its inception. The investment came from Reinsurance Group of America (RGA) and includes a strategic partnership to integrate DigitalOwl's AI technology into RGA's systems. The funds will be used for hiring new employees and expanding its workforce, with plans to launch an AI-powered underwriting engine in 2024.
Reinsurance Group of America Announces Fourth Quarter Earnings Release Date, Webcast
Reinsurance Group of America (RGA) announced that it will release its fourth-quarter earnings on Thursday, February 2, at approximately 4:15 p.m. Eastern Time. The company will also host a conference call to discuss these results on Friday, February 3, at 10 a.m. Eastern Time, with webcast access available on their Investors page. RGA, a global leader in life and health reinsurance, manages risk and optimizes capital with approximately $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022.
RGA seeing greater demand for life reinsurance since pandemic
Anna Manning, President and CEO of Reinsurance Group of America (RGA), noted a significant increase in demand for life reinsurance services since the COVID-19 pandemic began. This heightened demand is attributed to greater awareness of insurance value and RGA's mortality expertise, with expectations for this trend to continue. RGA reported 8.3% premium growth and highlighted strong activity in US facultative business and digital transformation.
RGA to reinsure 160bn JPY of Taiyo Life reserves
Reinsurance Group of America (RGA) has entered an agreement with Taiyo Life Insurance Company to reinsure 160 billion JPY of statutory reserves through a coinsurance deal. This partnership highlights RGA's strategy of providing creative and customized solutions to meet capital management needs and optimize return on capital for life insurers globally. Taiyo Life expressed satisfaction with RGA as a trusted partner for risk reduction and improved capital efficiency.
RGA in €4bn longevity reinsurance deal for NN Life
Reinsurance Group of America (RGA) has finalized a €4 billion longevity reinsurance deal with NN Life, the largest life insurer in the Netherlands. This transaction, closed at the end of 2021, allows NN Life to transfer longevity risk and free up capital for growth. RGA continues to be a prominent player in the global longevity risk transfer market, building on a previous €7 billion deal with Aegon in December 2021.
RGA in £5bn longevity swap for Barclays UK pension scheme
Reinsurance Group of America (RGA) has completed a £5 billion longevity swap transaction with the Barclays Bank UK Retirement Fund. This agreement helps secure pension obligations by transferring longevity risk and ensuring a more predictable funding outlook for the pension scheme. Insight Investment will act as collateral manager for the transaction, highlighting an active market for longevity swaps despite the pandemic.
RGA adds Stephen O’Hearn & Ng Keng Hooi to Board of Directors
Reinsurance Group of America (RGA) has expanded its board to 12 directors with the appointments of Stephen T. O’Hearn and Ng Keng Hooi. O’Hearn, former Global Leader of PwC’s Insurance Practice, will join in October 2020, bringing extensive experience in financial services. Keng Hooi, former Group CEO and President of AIA Group Limited, will join in mid-2021, adding significant expertise in leading complex life insurance businesses across Asia.
PartnerRe Rejoins Largely Unchanged Reinsurance Top 10: A.M. Best
A.M. Best's new market segment report on the 2019 global reinsurers indicates significant stability, with nine of the top ten maintaining their rankings. PartnerRe notably re-entered the top 10 at number 10, moving up from number 12 in 2018 due to a 15.6 percent growth in gross premiums. The report also highlights the potential impact of the 2020 pandemic and market hardening on the reinsurance sector, emphasizing the need for improved underwriting discipline.
Rewriting the rules: Digital and AI-powered underwriting in life insurance
The article discusses the urgent need for digital and AI-powered underwriting in life insurance, especially reinforced by COVID-19, to simplify purchasing and move away from lengthy manual processes. It identifies barriers to modernization, outlines key success factors including overcoming legacy technology and embracing customer-centricity, and suggests four concrete steps to accelerate transformation. The authors argue that streamlined underwriting is a foundational step for broader industry reinvention, leading to continuous underwriting and a greater focus on health and wellness.
Here’s What Hedge Funds Think About Reinsurance Group of America Inc (RGA)
This article examines hedge fund activity regarding Reinsurance Group of America Inc (NYSE: RGA), noting a decrease in bullish positions among the world's largest hedge funds. While RGA wasn't among the 30 most popular stocks, several hedge funds, including AQR Capital Management and Diamond Hill Capital, held significant stakes. Despite reduced aggregate interest, the stock delivered strong returns, outperforming hedge funds' consensus picks and the S&P 500 ETF.
QEDIT Partners With Ant Financial, VMware, RGAX, Raises $10 Million
QEDIT, a company specializing in privacy layers for enterprise blockchain networks, has announced partnerships with Ant Financial, VMware Inc., and RGAX. Simultaneously, QEDIT closed a $10 million Series A funding round led by MizMaa Ventures, with participation from its new partners and other investors. This funding will support the development of its privacy protocol and expand sales and partnerships, aiming to enhance data protection and efficiency in the finance and insurance industries.
RGA reinsures longevity risk of 45,000 annuitants for Manulife
RGA Life Reinsurance Company of Canada has completed a deal to reinsure the longevity risk of 45,000 annuitants for Manulife, covering an in-force block of Canadian group payout annuities. This transaction will protect Manulife from the financial impact of annuitants living longer than expected. The deal further strengthens the collaboration between RGA and Manulife, showcasing RGA's expertise in longevity risk solutions.
It’s Not Just About Numbers
Dr. Guangwei Fan, director of Maryville University's actuarial science, data science, and mathematics programs, emphasizes a "Happy Team" philosophy, leading to high student and faculty satisfaction and excellent career outcomes for graduates. The programs are recognized for excellence, with a high job placement rate, lucrative internships, and an innovative educational approach that encourages students to develop interdisciplinary skills beyond pure mathematics for better communication and personal growth. Alumni praise his dedication and the program's ability to prepare students for successful careers in rapidly evolving fields.
Hendrix to Award Odyssey Medals to Guinn, Nichols, Robertson
Hendrix College announced it will award its 2018 Odyssey Medals to three distinguished alumni on October 25. Patricia Guinn '75 will be honored for Professional and Leadership Development, Len Nichols '75 for Research, and Mark Robertson '79 for Special Projects. The Odyssey Medal recognizes alumni whose life achievements embody the ideals of the Hendrix Odyssey Program across its six categories.
Bernard Edison Obituary - St. Louis, MO
Bernard Alan Edison, former president and CEO of Edison Brother Stores, Inc., passed away at 90. He was instrumental in building Edison Brothers into the largest women's shoe retailer in the US during the 1970s and diversifying it into specialty retail. A Harvard graduate, he was also a dedicated civic leader, philanthropist, and an avid coin collector.
RGA’s innovation accelerator to acquire LOGiQ3 Group
RGAx, the innovation accelerator subsidiary of Reinsurance Group of America (RGA), has announced an agreement to acquire the LOGiQ3 Group of companies. This acquisition integrates LOGiQ3 Corp., APEXA, Cookhouse Lab, and Tindall Associates Inc. (TAI), aiming to enhance technology, consulting, and outsourcing solutions for the life insurance and reinsurance industry in North America. The deal is expected to close in Q1 2018, with LOGiQ3 Group maintaining separate operations and retaining its employees.
Reinsurance Group of America’s subsidiary to buy LOGiQ3 Group
RGAx, a subsidiary of Reinsurance Group of America (RGA), has agreed to acquire LOGiQ3 Group, a company offering technology, consulting, and outsourcing solutions to the life insurance and reinsurance industry. This acquisition includes LOGiQ3 Corp, APEXA, Cookhouse Lab, and Tindall Associates Inc (TAI), and is expected to close in the first quarter of 2018. The move aims to provide a powerful suite of technology and service offerings across the insurance industry value chain.
CXA Group raises US$25 mil, on US$100 mil valuation, Eduardo Saverin joins board
CXA Group, a Singapore-based health technology startup, announced a US$25 million Series B investment round, valuing the company at US$100 million. The funding, led by B Capital Group and EDBI, will facilitate expansion into ten new Asian markets, including China and India. Facebook co-founder Eduardo Saverin has joined CXA's board, and the company aims to double its revenue to US$14 million in 2017.
RGA confirms Manning as new CEO
The board of Reinsurance Group of America Inc. (NYSE: RGA) has appointed President Anna Manning as its CEO, effective Jan. 1. The company also named a new COO.
How life insurers get your best-kept secrets
Life insurance companies are increasingly using big data from various sources to underwrite policies, making the application process faster and more efficient. They access prescription drug histories, lab test results, driving records, and public records to assess an applicant's risk. This data-driven approach helps insurers make quicker decisions and can even benefit applicants by verifying consistent health management.
Photos: RGA breaks ground on new Chesterfield headquarters
Reinsurance Group of America (RGA) broke ground on a new 405,000 square-foot headquarters in Chesterfield, Mo., an investment of approximately $140 million. The company expects to add 300 jobs to its current 750 St. Louis area employees. This expansion was lauded by Gov. Jay Nixon and other officials as a significant economic boost for Missouri.
