Reinsurance Group of America — Third Quarter 2026 Earnings Summary

Reinsurance Group of America reported third-quarter 2026 net income available to shareholders of $456 million, or $6.92 per diluted share, representing a significant increase from the prior-year quarter's $253 million. Adjusted operating income for the period totaled $558 million, or $8.49 per diluted share, driven by robust investment performance and favorable claims experience across all global regions. The company returned $139 million to shareholders during the quarter through $75 million in share repurchases and $64 million in dividends, while maintaining a trailing twelve-month adjusted operating return on equity of 19.2%. Net premiums for the quarter reached $5.4 billion, a 25.0% increase year-over-year, largely influenced by $800 million in single premium pension risk transfer transactions.