RGA Q3 net income rises to $253 million, or $3.81 per diluted share
Reinsurance Group of America reported third-quarter 2025 net income available to shareholders of $253 million, or $3.81 per diluted share, up from $156 million, or $2.33, a year earlier. Net premiums fell 2.5% to $4.3 billion, and the company cited an unfavorable $149 million pre-tax impact from its annual actuarial assumption review. The board also declared a regular quarterly dividend of $0.93 per share.
Key points
- Net income available to RGA shareholders rose to $253 million, or $3.81 per diluted share, from $156 million, or $2.33, in Q3 2024.
- Adjusted operating income excluding notable items was $424 million, or $6.37 per diluted share, versus $410 million, or $6.13, a year earlier; the company called this a quarterly record.
- Consolidated net premiums totaled $4.3 billion, a decrease of 2.5% from the prior-year quarter, which had included about $600 million from a single pension transfer transaction.
- The board declared a $0.93 dividend payable November 25, 2025, to holders of record as of November 11, 2025; the company repurchased $75 million of common shares in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.