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Reinsurance Group of America reported stronger Q3 2025 results, with total revenue of $6,204 million versus $5,651 million a year earlier. Net investment income increased to $1,475 million, offsetting slightly lower net premiums.
Net income available to common shareholders rose to $253 million, and diluted earnings per share increased to $3.81 from $2.33. For the first nine months of 2025, net income available to shareholders reached $719 million and diluted EPS was $10.78, up from $8.53 in 2024.
Total assets grew to $152,003 million, while shareholders’ equity attributable to RGA, Inc. increased to $12,978 million, helped by $1,703 million of other comprehensive income year to date, largely from discount rate updates and investment gains in AOCI. Operating cash flow was $3,239 million for the nine‑month period, down from $7,770 million a year earlier.
Reinsurance Group of America (RGA) furnished its Q3 2025 results materials and declared a quarterly dividend. The company provided a press release, a quarterly financial supplement, and an earnings presentation covering the three months ended September 30, 2025.
The board declared a regular quarterly dividend of $0.93 per share, payable on November 25, 2025, to shareholders of record as of November 11, 2025. A conference call to discuss the quarter will be held on October 31, 2025. The materials were furnished as Exhibits 99.1, 99.2, and 99.3.