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RGA’s net income climbs 157% to $462m in Q2’26
['Beth Musselwhite']
ReinsuranceNe.ws
Adjusted operating income stood at $586 million, up 86% from $315 million in Q2’25.
In the quarter, consolidated net premiums totalled $4.5 billion, a 7.7% increase from $4.2 billion in the prior-year period.
By segment, U.S. and Latin America posted net premiums of $1.96 billion, down from $2.02 billion in the prior-year period.
Investment income for the quarter, excluding spread-based businesses, increased 10.3% year on year, primarily due to a larger average invested asset base.
Average investment yield was 5.33%, compared with 5.31% in the prior-year quarter, reflecting higher variable investment income.