RGA’s net income hits $330m in Q1’26 as consolidated net premiums expand 14.3%

American Reinsurance Group announced a net profit of US$330 million in the first quarter of 2026, up from US$286 million in the same period last year, and consolidated net premiums increased 14.3% year-on-year to US$4.6 billion.

RGA President and CEO Tony Cheng said the company is off to a strong start in 2026, with first-quarter results exceeding expectations in many regions and businesses.

In the first quarter of this year, the United States and Latin America remained RGA’s largest source of premium income, with net premiums of US$1.932 billion.

Asia Pacific was the second largest contributor, contributing $860 million, reflecting the region’s continued growth momentum, while Europe, the Middle East and Africa (EMEA) contributed $605 million.

Net premiums written in Canada further increased by $339 million, delivering broad-based growth across RGA’s global business, which Cheng attributed to the company’s “disciplined execution, strong fundamentals and the continued strength of our diversified global platform.”

Cheng concluded: “Our focus remains on sustainable profitable growth and disciplined capital allocation, and we remain committed to delivering attractive long-term returns and creating lasting value for shareholders.

“Looking ahead, we remain confident in our prospects for the remainder of 2026 and beyond. Our business fundamentals are strong, our product pipeline is healthy and our competitive advantages continue to differentiate us.

“With a proven strategy and disciplined approach to growth, we believe RGA is well-positioned to continue delivering attractive financial results over time.”

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