RGA Q1 net income rises to $4.27/share; adjusted op income falls to $5.66

REINSURANCE GROUP OF AMERICA INC

2025-Q1 EPS reported $4.27 revenue$5,260,000,000

Net income $286M ($4.27/diluted) vs $210M ($3.16) a year ago; adjusted op income $378M ($5.66) vs $401M ($6.02).
Favorable biometric claims experience of $196M on economic basis; current period financial impact $58M.
Deployed $418M into in-force block transactions; estimated excess capital $1.9B before Equitable deal.
Quarterly dividend of $0.89/share declared, payable May 27 to shareholders of record May 13.
Trailing 12-month ROE 7.5%, adjusted operating ROE 13.4%, adjusted operating ROE ex-notables 15.0%.

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