Reinsurance Group of America: Is The Long Term Potential Of The Pension Risk Transfer Market For Real?

Reinsurance Group of America (RGA) has delivered a strong performance in the first quarter of 2025, exhibiting robust adjusted operating earnings of $5.66 per share, along with a 15% adjusted operating return on equity, excluding notable items. This favorable outcome was largely driven by excellent underwriting results, with notably favorable claims experience across all key geographic regions. Despite ongoing macroeconomic uncertainties, RGA has demonstrated resilience, maintaining a well-positioned asset portfolio and solid capital standing.