Reinsurance Group of America (RGA) saw a significant increase in net income in Q4 2025, reaching $463m, up from $148m in Q4 2024. Earnings per diluted share also rose to $6.97 compared to $2.22 the previous year.

Adjusted operating income for RGA in Q4 2025 reached $515m, up from $334m in the same quarter of the prior year. Total net premiums for the quarter were $4.8bn, a 15% increase from the previous year, with positive foreign currency impact of $42m.

US Financial Solutions business contributed about $200m to net premiums in Q4 2025, primarily from single premium pension risk transfer transactions. By segment, net premiums in different regions were US and Latin America $2.1bn, Canada $347m, EMEA $583m, and Asia Pacific $862m.

For the full year 2025, RGA reported net income available to shareholders of $1.18bn, a 64.9% increase from the previous year. Earnings per diluted share for the year were $17.69, compared to $10.73 in 2024. Adjusted operating income totaled $1.52bn.

RGA’s board approved a share repurchase program authorizing up to $500m in buybacks of the company’s common stock in January 2026. President and CEO Tony Cheng expressed optimism for the future, citing a strong balance sheet, favorable business conditions, and a proven strategy for continued success.

Read more at Yahoo Finance: Reinsurance Group of America reports profit growth in Q4 2025