RGA reported FY 2025 net income of USD 1.19 billion, up 64% year over year, with net income available to shareholders of USD 1.18 billion. Income before income taxes rose to USD 1.54 billion (+57%), while adjusted operating income before income taxes increased to USD 1.97 billion (+12%). Total revenues were USD 23.7 billion (+7%), reflecting net premiums of USD 17.23 billion (down 3%) and net investment income of USD 5.81 billion (+31%); investment related losses improved to USD 245 million from USD 745 million. RGA said results benefited from the July 31, 2025 Equitable Holdings transaction, under which it assumed a 75% quota share of in-force individual life liabilities (about USD 12 billion), lifting income before income taxes by USD 68 million; Equitable also recaptured risks previously assumed by RGA’s U.S. Traditional segment, generating a USD 21 million gain. RGA also cited strong Traditional growth in Asia and Financial Solutions growth in the U.K., while noting adverse claim experience in U.S. Traditional. For FY 2025, RGA recorded a pre-tax loss of USD 149 million from its annual assumptions review (vs. USD 194 million in FY 2024), primarily tied to updated mortality assumptions in the U.K.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reinsurance Group of America Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000898174-26-000006), on February 20, 2026, and is solely responsible for the information contained therein.