Reinsurance Group of America Secures $32 Billion Reinsurance Deal with Equitable Holdings

Reuters
Aug 01
Reinsurance Group of America Secures $32 Billion Reinsurance Deal with Equitable Holdings

Reinsurance Group of America, Incorporated $(RGA)$ has successfully completed a significant $32 billion reinsurance transaction with Equitable Holdings, Inc. This deal involves RGA reinsuring a diversified block of life insurance products from Equitable, marking a substantial expansion of their ongoing partnership. The transaction, strategically priced to meet RGA's target returns, is expected to significantly enhance the company's adjusted operating earnings per share $(EPS)$. Tony Cheng, President and CEO of RGA, highlighted the transaction as a milestone that underscores RGA's commitment to delivering exceptional value and executing strategic initiatives that align with their growth strategy. This collaboration will extend across various areas including underwriting, product development, distribution, and investment management.

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 Business Wire (Ref. ID: 20250731499183) on July 31, 2025, and is solely responsible for the information contained therein.

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