---
schema_version: "secwatch.filing_event.v1"
accession: "0000898174-25-000127"
form_type: "8-K"
ticker: "RGA"
cik: "0000898174"
company_name: "REINSURANCE GROUP OF AMERICA INC"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:38:37.914494+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RGA Q2 EPS $2.70 vs $3.03 YoY, closes $32B Equitable reinsurance deal

## Summary
- Net income $180M ($2.70/diluted EPS) vs $203M ($3.03) prior year; adjusted operating income $315M ($4.72) vs $365M ($5.48).
- Closed $32B reinsurance transaction with Equitable Holdings; priced within target return range, expected to contribute to EPS.
- Quarterly dividend increased 4.5% to $0.93 per share, payable Aug 26 to shareholders of record Aug 12.
- Estimated deployable capital $3.4B; excess capital rose to $3.8B (pro forma $2.3B after Equitable deal) from $1.9B.
- U.S. Individual Life results below expectations due to large claims volatility; APAC and EMEA segments performed well.

## SEC filing metadata
- accession: 0000898174-25-000127
- form_type: 8-K
- ticker: RGA
- cik: 0000898174
- company_name: REINSURANCE GROUP OF AMERICA INC
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898174/000089817425000127/0000898174-25-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898174/000089817425000127/rga-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898174-25-000127
- JSON: https://secwatch.observer/filing/0000898174-25-000127.json
- Plain text: https://secwatch.observer/filing/0000898174-25-000127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.