$RGA · REINSURANCE GROUP OF AMERICA INC
RGA reported Q3 FY2026 (ended Sept 30, 2026) results via 8-K Item 2.02. Net income available to shareholders was $456M, or $6.92 per diluted share, versus $253M ($3.81) in the prior-year quarter. Adjusted operating income was $558M, or $8.49 per diluted share, versus $310M ($4.66) a year ago. Net premiums rose to $5,352M from $4,280M. The board declared a regular quarterly dividend of $0.98, payable December 1, 2026 to holders of record November 17, 2026.
- Adjusted operating income per diluted share $8.49 vs $4.66 prior-year quarter.
- Net income available to shareholders $456M vs $253M prior-year quarter.
- Net premiums $5,352M vs $4,280M prior-year quarter.
- Returned $139M to shareholders: $75M buybacks plus $64M dividends.
- Quarterly dividend of $0.98 declared, payable December 1, 2026.
Extended-hours last trade $261.96, flat vs regular close and +0.08% vs price at filing; regular session closed down 1.76% on the day.
RGA nearly doubled adjusted EPS year-over-year on strong premium growth, a clear earnings beat for the reinsurer.
Life/health reinsurer showing strong premium growth and ROE expansion (13.1% vs 7.4% prior year).
Book value per share fell to $178.89 from $197.52 a year ago, driven by unrealized securities depreciation in AOCI.