RGA REINSURANCE GROUP OF AMERICA INC, RZB REINSURANCE GROUP OF AMERICA INC, RZC REINSURANCE GROUP OF AMERICA INC - 10-Q - (2025-10-31)

Reinsurance Group of America (RGA) reported strong profitability for the nine months ended September 30, 2025, with Net Income of $724M (up from $574M) resulting in Diluted EPS of $10.78. Quarterly revenue was robust at $6.204B.

Material Transactions & Strategy: RGA closed a significant transaction on July 31, 2025, assuming $12B in individual life liabilities (75% quota share) from Equitable Holdings, boosting U.S. Financial Solutions results. The company increased its per-life retention limit to $30M effective January 1, 2025. Financing activities included a $700M subordinated de

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