Reinsurance Group of America Q1 net premiums rise

Reinsurance of America, Incorporated

07/05/2026 21:55

Overview

US life and health reinsurer's Q1 net premiums rose 14% yr/yr, adjusted EPS increased

Company attributed results to favorable economic claims experience across all regions

Company repurchased $50 mln of common shares in Q1

Outlook

RGA says confidence for the remainder of 2026 and beyond remains high

Company expects strong business fundamentals and a healthy pipeline to support future results

Result Drivers

FAVORABLE CLAIMS EXPERIENCE - Co said results benefited from favorable economic claims experience across all regions

HIGHER INVESTMENT INCOME - Excluding spread-based businesses, investment income rose 19% yr/yr due to a larger invested asset base and higher earned yields

Company press release: ID:nBw2xjxNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$4.98
Q1 Net Income
$330 mln
Q1 Adjusted Operating Income
$462 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the reinsurance peer group is "buy"

Wall Street's median 12-month price target for Reinsurance Group of America Inc is $256.00, about 19.3% above its May 6 closing price of $214.59

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)