RGA

Marsh & McLennan Companies, Inc. MRSH is set to report second-quarter 2026 results on July 21, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $2.88 per shareon revenues of $7.27 billion. The second-quarter earnings estimate has witnessed no upward revisions and three downward movements over the past 60 days. The bottom-line projection still indicates a year-over-year increase of 5.9%. The Zacks Consensus Estimate for quarterly revenues implies year-over-year growth of 4.2%. Image Source: Zacks Investment Research For the full-year 2026, the Zacks Consensus Estimate for Marsh’s revenues is pegged at $28.36 billion, implying growth of 5.1% year over year. The consensus mark for the current year EPS is pegged at $10.37, signaling an increase of around 6.4% on a year-over-year basis. Marsh’s earnings beat the consensus estimate in each of the last four quarters, with the average surprise being 3.9%. Marsh price-eps-surprise | Marsh Quote However, our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat, but that is not the case here. Marsh has an Earnings ESP of +0.36% and a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. The Zacks Consensus Estimate for total Risk and Insurance Services revenues indicates 3.9% year-over-year growth, whereas our model signals a 3.5% increase. Revenues from the United States and Canada are expected to grow 3.8% from a year ago. Adjusted operating income from the Risk and Insurance Services segment is pegged at $1.69 billion, indicating only 2.6% growth. The consensus mark for total Mercer revenues suggests a 4.2% year-over-year jump, while our model suggests 4.7% growth. The consensus estimate for total Consulting revenues indicates 4.7% year-over-year growth, whereas our model signals a 5.2% increase. The Zacks Consensus Estimate for adjusted operating income from the segment of $521.3 million signals an 8.8% rise from a year ago. The above-mentioned estimates indicate that MRSH is positioned for year-over-year growth. However, rising costs make an earnings beat uncertain. Our model estimate for total operatin...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at reinsurance stocks, starting with Reinsurance Group of America (NYSE:RGA). This is a cyclical industry, and the sector benefits when there is 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. The primary headwind remains the immense and concentrated exposure to large-scale catastrophe losses, as the growing impact of climate change challenges traditional risk models and creates significant earnings volatility. Additionally, they face the risk of adverse prior-year reserve development, where claims prove more costly than anticipated, while the eventual influx of new capital from alternative sources threatens to soften the market and compress future returns. The 6 reinsurance stocks we track reported a strong Q1. As a group, revenues missed analysts’ consensus estimates by 1.4%. Luckily, reinsurance stocks have performed well with share prices up 10.4% on average since the latest earnings results. Operating behind the scenes of the insurance industry since 1973, Reinsurance Group of America (NYSE:RGA) provides life and health reinsurance services to insurance companies, helping them manage risk and meet regulatory requirements. Reinsurance Group of America reported revenues of $6.64 billion, up 24.3% year on year. This print exceeded analysts’ expectations by 3.1%. Overall, it was a stunning quarter for the company with a solid beat of analysts’ book value per share and EPS estimates. Tony Cheng, President and Chief Executive Officer, commented, “RGA delivered a strong start to 2026, with first quarter performance exceeding expectations across many regions and businesses. The results reflect disciplined execution, strong underlying fundamentals, and the continued benefits of our diversified global platform. Reinsurance Group of America pulled off the fastest revenue growth of the whole group. Unsurprisingly, the stock is up 8.6% since reporting and currently trades at $231.16. Is now the time to buy Reinsurance Group of America? Access our full analysis of the earnings results here,...

ST. LOUIS, July 09, 2026--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release second quarter earnings on Thursday, August 6, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA’s website, www.rgare.com. RGA will host a conference call to discuss the second quarter results beginning at 10 a.m. Eastern Time on Friday, August 7. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audio webcast of the conference call will be available on the Investors page of RGA’s website, investor.rgare.com. A replay of the conference call will be available at the same address for 90 days following the conference call. Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA is one of the world’s largest and most respected reinsurers and remains guided by a powerful purpose: to make financial protection accessible to all. As a global capabilities and solutions leader, RGA empowers partners through bold innovation, relentless execution, and dedicated client focus – all directed toward creating sustainable long-term value. RGA has approximately $4.3 trillion of life reinsurance in force and assets of $164.1 billion as of March 31, 2026. To learn more about RGA and its businesses, please visit www.rgare.com or follow RGA on LinkedIn and Facebook. Investors can learn more at investor.rgare.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709939738/en/ Contacts For further information, contactCrystal LuSenior Vice President, Investor Relations(314) [email protected]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Reinsurance Group (RGA). This company, which is in the Zacks Insurance - Life Insurance industry, shows potential for another earnings beat. This reinsurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 22.43%. For the most recent quarter, Reinsurance Group was expected to post earnings of $6.19 per share, but it reported $6.97 per share instead, representing a surprise of 12.60%. For the previous quarter, the consensus estimate was $5.86 per share, while it actually produced $7.75 per share, a surprise of 32.25%. Thanks in part to this history, there has been a favorable change in earnings estimates for Reinsurance Group lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Reinsurance Group currently has an Earnings ESP of +0.42%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies en...

Reinsurance Group of America currently trades at $210.33 per share and has shown little upside over the past six months, posting a middling return of 3.9%. The stock also fell short of the S&P 500’s 9.3% gain during that period. Is now the time to buy Reinsurance Group of America, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it’s free. We don’t have much confidence in Reinsurance Group of America. Here are three reasons why there are better opportunities than RGA, plus one stock we’d rather own. When insurers sell policies, they protect themselves from extremely large losses or an outsized accumulation of losses with reinsurance (insurance for insurance companies). Net premiums earned are therefore net of what’s ceded to reinsurers as a risk mitigation and transfer strategy. Reinsurance Group of America’s net premiums earned has grown at a 2.1% annualized rate over the last two years, much worse than the broader insurance industry and slower than its total revenue. While long-term earnings trends give us the big picture, we also track EPS over a shorter period because it can provide insight into an emerging theme or development for the business. Reinsurance Group of America’s weak 7.8% annual EPS growth over the last two years aligns with its revenue trend. On the bright side, this tells us its incremental sales were profitable. The key to book value per share (BVPS) growth is an insurer’s ability to earn underwriting profits while generating strong returns on its float - Warren Buffet’s secret sauce. Over the next 12 months, Consensus estimates call for Reinsurance Group of America’s BVPS to shrink by 3.3% to $168.62, a sour projection. Reinsurance Group of America isn’t a terrible business, but it doesn’t pass our bar. With its shares underperforming the market lately, the stock trades at 1× forward P/B (or $210.33 per share). While this valuation is fair, the upside isn’t great compared to the potential downside. We’re fairly confident there are better investments elsewhere. We’d recommend looking at a dominant aerospace business that has perfected its M&A strategy. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 3...

Reinsurance Group of America’s first quarter was defined by broad-based growth across regions and a favorable claims environment, helping the company exceed Wall Street’s revenue and profit expectations. Management attributed the positive performance to strong execution in Asia Pacific, ongoing momentum in U.S. individual life and group business, and disciplined underwriting. CEO Tony Cheng highlighted, “Asia Pacific had another strong quarter, driven by ongoing growth and strong execution,” and noted that the company’s diversified global platform contributed to resilient results. Favorable economic claims experience, particularly in the U.S., also supported quarterly outcomes. Is now the time to buy RGA? Find out in our full research report (it’s free). Revenue: $6.64 billion vs analyst estimates of $6.44 billion (24.3% year-on-year growth, 3.1% beat) Adjusted EPS: $6.97 vs analyst estimates of $5.99 (16.3% beat) Adjusted Operating Income: $610 million vs analyst estimates of $679 million (9.2% margin, 10.2% miss) Market Capitalization: $13.62 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Suneet Kamath (Jefferies) pressed on whether current capital deployment is sufficient to meet EPS growth targets, with CFO Axel Philippe Andre responding that the company is prioritizing quality opportunities and expects to achieve targets through a mix of capital deployment and shareholder returns. UBS analyst asked about persistently favorable U.S. mortality experience and underlying trends. Chief Risk Officer Jonathan William Porter pointed to a lower frequency of large and non-large claims, attributing it in part to a milder flu season and gradual improvements in population mortality. Wesley Collin Carmichael (Wells Fargo) questioned the impact of seasonality and new accounting standards on earnings patterns. Porter explained that seasonality is now largely reflected in reserves, and any remaining effects are less pronounced under the current accounting model. Wilma Jackson Burdis (Raymond James) inquired about the timing and recognition of annual premium treaties in EMEA, with Andre clarifying that earnings from the...

Interested in Reinsurance Group of America, Incorporated? Here are five stocks we like better. RGA posted a strong Q1 2026, with pre-tax adjusted operating income of $611 million and adjusted operating ROE of 16.2%. Management said the quarter benefited from broad-based strength across Asia Pacific, EMEA and the U.S. Claims experience was notably favorable, with economic claims experience of $117 million positive across all regions. Management said this reinforces confidence in its mortality assumptions, while noting some of the benefit will be deferred to future periods. Capital deployment remains active and selective, including $338 million deployed into in-force transactions and $50 million in share buybacks. RGA ended the quarter with $2.4 billion in excess capital and plans to prioritize high-quality opportunities and shareholder returns. Despite Downturns, Analysts Say These 4 Financial Stocks Are Buys Reinsurance Group of America (NYSE:RGA) reported a strong first quarter of 2026, with management pointing to broad-based earnings strength across regions, favorable claims experience and continued capital deployment into new business opportunities. On the company’s earnings call, President and Chief Executive Officer Tony Cheng said the quarter reflected “disciplined execution, strong underlying fundamentals, and the benefits of the diversified global platform” RGA has built. Cheng said performance was strong across many regions and products, with Asia Pacific, EMEA and the U.S. all contributing to results. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? 3 Stocks Generating a Ridiculous Amount of Cash Chief Financial Officer Axel André said RGA generated pre-tax adjusted operating income of $611 million for the quarter, or $6.97 per share after tax. Adjusted operating return on equity, excluding notable items, was 16.2% for the trailing 12 months. André said management views first-quarter run-rate earnings per share at approximately $6.70 after considering claims experience, variable investment income and other items. Cheng said Asia Pacific delivered another strong quarter, supported by ongoing growth and execution. He highlighted several notable transactions in Japan, including both in-force and flow deals involving asset and biometric risk. → MP Materials Is Quietly Building a Rare Earth Powerhouse In EMEA, Cheng said earnings...

Manulife Financial Corporation MFC delivered first-quarter 2026 core earnings of 77 cents per share, which missed the Zacks Consensus Estimate by 2.5%. The bottom line increased 11.6% year over year. Core earnings of $1.3 billion (C$1.8 billion) increased 8.3% year over year. The increase in core earnings was driven by strong business growth in Asia and Global WAM, along with the net positive impact of 2025 updates to actuarial methods and assumptions, as well as a net improvement in insurance experience. It was partially offset by lower investment spreads in the United States and the impact of the eMPF transition in Hong Kong. Manulife Financial Corp price-consensus-eps-surprise-chart | Manulife Financial Corp Quote New business value (NBV) in the reported quarter was $688 million (C$944 million), up 8.9% year over year. Annualized premium equivalent (APE) sales increased 11.1% year over year to $2 billion (C$2.8 billion). New business contractual service margin (CSM) increased 17.7% year over year to $743 million (C$1,019 million). The increase in APE sales, new business CSM and NBV reflects the strength of the diversified business portfolio. The Global Wealth and Asset Management business generated net outflows of $3.2 billion (C$4.4 billion) compared to net inflows of $0.3 billion (C$0.5 billion) in the year-ago quarter. Core return on equity, measuring the company’s profitability, expanded 90 basis points year over year to 16.5%. The Life Insurance Capital Adequacy Test ratio was 136% as of March 31, 2026. The Global Wealth and Asset Management division’s core earnings were $326 million (C$448 million), up 3.1% year over year. The increase was driven by higher net fee income from favorable market impacts over the past 12 months, contributions from the Manulife Comvest business and continued expense discipline. It was partially offset by the impact of the eMPF transition in Hong Kong and lower performance fees. Retirement net outflows of $2 billion (C$2.8 billion) increased 11.1% year over year, driven by higher member withdrawals reflecting higher account balances from market growth and higher retirement plan redemptions in the United States. It was partially offset by lower retirement plan redemptions in Canada. Retail net outflows of $4.2 billion (C$5.8 billion) compared to net inflows of $0.3 billion (C$0.5 billion) in the year-ago quarter, primarily...

Image source: The Motley Fool. Friday, May 8, 2026 at 10:00 a.m. ET President and Chief Executive Officer — Tony Cheng Executive Vice President and Chief Financial Officer — Axel Philippe Andre Executive Vice President, Global Chief Risk and Insurance Officer — Jonathan William Porter Need a quote from a Motley Fool analyst? Email [email protected] Tony Cheng: Good morning, everyone, and thank you for joining us for today’s call. We appreciate your continued interest in Reinsurance Group of America, Incorporated. As you have seen from our first quarter results, we delivered a strong start to the year with excellent performance across many regions and businesses. The quarter reflects disciplined execution, strong underlying fundamentals, and the benefits of the diversified global platform we have built over time. Building on our strong 2025 performance, we believe our results this quarter further demonstrate that we are successfully executing on our strategy. Our focus remains on well-balanced earnings growth, capital allocation, and delivering attractive returns over the long term. Looking at the financial results, the strength in the quarter was broad-based across our regions and products. I will highlight a few specifics in the quarter. Asia Pacific had another strong quarter, driven by ongoing growth and strong execution. We closed a number of notable transactions in the region, particularly in Japan, spanning both in-force and flow deals that include both asset and biometric risk. EMEA’s earnings continue to reflect good new business, with results exceeding expectations. Performance was supported by favorable overall experience and continued momentum in longevity. We closed additional longevity transactions during the quarter by leveraging deep, long-standing client relationships, and we remain optimistic given our leadership position and differentiated competitive strengths. In the U.S., adjusted operating performance was strong, supported by favorable claims experience and the contribution from recent new business. Activity in U.S. individual life remains robust, demonstrating sustained momentum in large part driven by our strategic underwriting initiative. I am pleased with our U.S. group results, which are in line with our 2026 expectations. Moving to claims experience in the quarter, our economic claims experience was favorable across all regions. While o...

Reinsurance Group of America, Incorporated RGA reported first-quarter 2026 adjusted operating earnings of $6.97 per share, which beat the Zacks Consensus Estimate by 12.6%. The bottom line rose 21.9% from the year-ago quarter. RGA's operating revenues of $6.7 billion beat the Zacks Consensus Estimate by 3.7%. The top line improved 19.9% year over year on higher net investment income, net premiums and other revenues. RGA reported strong first-quarter results, driven by solid growth in Financial Solutions businesses across the United States, EMEA and the Asia/Pacific, along with higher investment income and premium growth. However, higher expenses and weakness in the United States and Latin America Traditional segment partially offset the strong performance. Reinsurance Group of America, Incorporated price-consensus-eps-surprise-chart | Reinsurance Group of America, Incorporated Quote Net premiums of $4.6 billion increased 14.3% year over year and beat the Zacks Consensus Estimates by 2.4%. Investment income improved 19.3% from the prior-year quarter to $1.7 billion and beat the Zacks Consensus Estimates by 7.4%. The increase was driven by a larger average invested asset base and higher earned yields. The average investment yield increased to 4.93% from 4.64% in the prior-year period, driven by higher variable investment income. Total benefits and expenses increased 23.8% year over year to $6.1 billion on higher claims and other policy benefits, interest credited, policy acquisition costs and other insurance expenses, other operating expenses, and Interest credited. U.S. and Latin America: Total pre-tax adjusted operating income was $256 million, which increased 23.7% year over year. The Traditional segment reported a pre-tax adjusted operating income of $138 million, which decreased 1.4% year over year. Net premiums increased 0.6% from the year-ago quarter to $1.9 billion. The Financial Solutions segment’s pre-tax adjusted operating income increased 76% to $118 million. Canada: Total pre-tax adjusted operating income rose 11.6% year over year to $48 million. The Traditional segment delivered a 18.7% year-over-year increase in pre-tax adjusted operating income to $48 million. Net premiums grew 6.3% to $339 million, benefiting from a $2 million favorable impact from foreign currency exchange rates during the quarter. The Financial Solutions segment’s pre-tax ad...

Reinsurance Group of America (RGA) reported Thursday Q1 adjusted operating earnings of $6.97 per dil

Brighthouse Financial, Inc. BHF reported first-quarter 2026 adjusted net income of $4.35 per share, which missed the Zacks Consensus Estimate by 8.4%. However, the bottom line grew 4.3% year over year. The quarterly results reflected lower premiums, a decline in adjusted net investment income and lower sales, offset by reduced expenses. Brighthouse Financial, Inc. price-consensus-eps-surprise-chart | Brighthouse Financial, Inc. Quote Total operating revenues of $2.1 billion decreased 3.4% year over year, due to lower premiums, universal life and investment-type product policy fees, net investment income and other revenues. Premiums of $168 million decreased 9.7% year over year. Adjusted net investment income was $1.3 billion in the quarter under review, down 1.8% year over year, primarily due to a reduction in the size of the institutional spread margin business. The investment income yield was 4.24%. Total expenses were $2.5 billion, which declined 8.4% year over year. Corporate expenses, pretax, were $227 million, which declined 5% year over year. Annuities recorded an adjusted operating income of $324 million, up 3.2% year over year. Annuity sales decreased 4% year over year to $2.2 billion. Life’s adjusted operating loss was $6 million against earnings of $9 million in the year-ago reported quarter. It reflected a lower underwriting margin and lower net investment income, partially offset by lower expenses. Life insurance sales decreased 11% quarter over quarter to $32 million. Adjusted operating loss at Run-off was $48 million, narrower than the year-ago loss of $64 million. It reflects a higher underwriting margin and lower expenses. Corporate & Other incurred an adjusted operating loss of $31 million, wider than the year-ago loss of $24 million, reflecting lower net investment income, partially offset by a higher tax benefit. Cash and cash equivalents were $4.9 billion, up 5.1% year over year. Shareholders’ equity of $5.5 billion at the end of the first quarter of 2026 increased 6.2% year over year. Book value per share, excluding accumulated other comprehensive income, was $139.63 as of March 31, 2026, down 1.6% year over year. Statutory combined total adjusted capital was $5 billion as of March 31, 2026, down 9.1% year over year. As of March 31, 2026, the estimated combined risk-based capital ratio was between 430% and 450%. Brighthouse Financial cu...