Reinsurance Group of America Q4 Revenue Up 20.9% and EPS Beats by 35%

Reinsurance Group of America reported Q4 2025 revenue of $6.64 billion, a 20.9% year-over-year increase, while adjusted EPS of $7.75 exceeded estimates by nearly 35%. Net premiums earned rose 15% and book value per share topped forecasts, driving a 7.4% intraday stock jump.

1. Fourth-Quarter Financial Performance

Reinsurance Group of America delivered Q4 2025 revenue of $6.64 billion, up 20.9% from prior year, driven by higher life and health reinsurance volumes. Adjusted earnings per share reached $7.75, surpassing consensus by nearly 35%, reflecting strong underwriting results and investment income.

2. Key Metric Trends

Net premiums earned climbed 15% year-over-year, indicating robust policy renewals and new business gains. Book value per share also exceeded analyst forecasts, underscoring growing shareholder equity.

3. Market Impact

Shares jumped 7.4% during the morning session on the earnings beat, marking one of the largest single-day moves in the past year. The rally suggests investors view these results as a significant positive catalyst for the stock.

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