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SEC filingStrong Q1 results driven by 23.5% revenue growth to $6.5B from continued business expansion and increased longevity block transactions, with net income up 15.4% to $330M despite larger operating cash outflows from reinsurance timing.
Reinsurance Group of America delivered robust Q1 2026 performance with revenue reaching $6.5 billion, up 23.5% from $5.3 billion in the prior year quarter. This acceleration stems primarily from continued business growth across segments and increased volumes of closed longevity block transactions, as noted in management's discussion. These drivers reflect RGA's strategic focus on expanding its reinsurance portfolio amid favorable market dynamics for longevity and life products.
Net income advanced 15.4% to $330 million from $286 million, with diluted EPS climbing 16.6% to $4.98 from $4.27. The earnings improvement highlights operational leverage from premium growth, even as segment investment performance varied with investment composition and capital allocation. Management's emphasis on monitoring new business opportunities underscores confidence in sustaining this momentum while adapting to the evolving financial landscape.