Core Viewpoint - Reinsurance Group (RGA) is expected to report quarterly earnings of $5.58 per share, a 1.8% increase year-over-year, with revenues projected at $5.71 billion, reflecting a 10.8% increase compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.3%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Net premiums' to reach $4.32 billion, representing a year-over-year increase of 10.2% [5]. - 'Revenues- Other revenues' are projected at $109.95 million, indicating a decline of 25.2% from the prior-year quarter [5]. Pre-tax Adjusted Operating Income Estimates - 'Pre-tax adjusted operating income (loss)- Total Asia Pacific' is estimated at $171.26 million, slightly up from $170.00 million a year ago [6]. - 'Pre-tax adjusted operating income (loss)- Total Canada' is expected to be $46.30 million, compared to $33.00 million in the previous year [6]. - 'Pre-tax adjusted operating income (loss)- Total U.S. and Latin America' is forecasted at $205.58 million, down from $247.00 million year-over-year [7]. - 'Pre-tax adjusted operating income (loss)- Total EMEA' is projected to reach $112.04 million, up from $85.00 million in the same quarter last year [7]. - 'Pre-tax adjusted operating income (loss)- Asia Pacific Traditional' is expected to be $100.19 million, slightly up from $99.00 million a year ago [8]. - 'Pre-tax adjusted operating income (loss)- Asia Pacific Financial Solutions' is estimated at $68.82 million, down from $71.00 million in the previous year [8]. - 'Pre-tax adjusted operating income (loss)- U.S. and Latin America- Financial Solutions- Total' is projected at $76.48 million, down from $80.00 million year-over-year [9]. - 'Pre-tax adjusted operating income (loss)- Canada Financial Solutions' is expected to be $8.41 million, up from $7.00 million a year ago [9]. - 'Pre-tax adjusted operating income (loss)- Canada Traditional' is forecasted at $38.33 million, compared to $26.00 million in the previous year [10]. - 'Pre-tax adjusted operating income (loss)- U.S. and Latin America- Traditional' is expected to be $129.63 million, down from $167.00 million year-over-year [10]. Stock Performance - Shares of Reinsurance Group have decreased by 0.5% over the past month, contrasting with a 4.9% increase in the Zacks S&P 500 composite [11].

Financial Data and Key Metrics Changes - The company achieved a 10% growth in tangible book value per share year to date and over 20% in the past twelve months [5] - Operating return on equity was reported at 24% for the quarter, with annualized return on equity at 34% [16] - Underwriting income reached $600 million, up 26% from the previous year, while retained net investment income was $286 million [17][26] - The adjusted combined ratio was 73%, reflecting low catastrophe losses and favorable development [20] Business Line Data and Key Metrics Changes - Gross premiums written were $3.4 billion, flat compared to the previous year, while net premiums written were $2.7 billion, also flat [21] - Property catastrophe gross premiums written increased by $98 million or 8%, with a 13% growth in the U.S. [21] - Other property gross premiums written decreased by $119 million or 24%, primarily due to rate decreases [22] - Casualty and specialty underwriting performance was within expectations, with an adjusted combined ratio of 99.5% [24] Market Data and Key Metrics Changes - The underwriting market remains attractive with healthy returns across property catastrophe and specialty lines [13] - The company successfully grew its property catastrophe portfolio while optimizing its casualty and specialty portfolio [14] - The Florida market showed stability due to pricing environment and tort reform, allowing the company to write 80% of its Florida premium at private terms above market rates [40] Company Strategy and Development Direction - The company aims to grow tangible book value per share over the long term, focusing on income diversification and risk absorption [5] - The integrated operating model and deep risk expertise are highlighted as competitive advantages [33] - The company plans to continue deploying capital into the business while repurchasing shares at attractive valuations [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to continue delivering superior returns, with a strong capital and liquidity position [50] - The current underwriting market is expected to persist, with rates likely to fluctuate around levels reset in 2023 [37] - The company is optimistic about maintaining margins and finding opportunities to deploy capital [58] Other Important Information - The company repurchased 1.6 million shares for $376 million at an average price of $242 per share [30] - The effective tax rate on GAAP net income was 13% for the quarter, influenced by the new 15% Bermuda corporate income tax [31] Q&A Session Summary Question: Reserve releases in the quarter - The reserve releases of around $132 million came from across all accident periods dating back to 2017, with half of that sticking to the company [54] Question: Future outlook for 2026 - The company believes it can continue to execute its strategy and preserve margins, regardless of the wind season outcomes [56] Question: Management fees recovery - Management fees bounced back due to favorable developments and quicker recovery of deferred fees, with guidance for the next quarter set at $80 million [65] Question: Pricing confidence in the reinsurance market - The company does not foresee a downward trend in rate inadequacy and expects rates to trade at adequate levels [73] Question: Buybacks and capital deployment - The company plans to continue capital deployment and share repurchases at attractive prices, especially as it approaches the wind season [75] Question: Florida renewals and market dynamics - The company experienced growth in Florida due to improved market conditions and demand, with a focus on high-risk return layers [109]

Financial Performance - Gross Premiums Written increased from $8862 million in 2023 to $11733 million in 2024[5] - Net Premiums Written increased from $7468 million in 2023 to $9952 million in 2024[5] - Cash and Investments increased from $31094 million in 2023 to $34316 million in 2024[5] - Common Shareholders' Equity increased from $8705 million in 2023 to $9824 million in 2024[5] - The Combined Ratio was 779% in 2023 and 839% in 2024[5] - Book value per common share plus accumulated dividends increased from $192 in 2023 to $224 in 2024, with a CAGR of 31%[6] Business Segments - In 2024, Catastrophe represented 26%, General Casualty 19%, Other Property 16%, Professional Liability 10%, Other Specialty 21%, and Credit 8% of Gross Premiums Written[17] - In 2024, 51% of Gross Premiums Written came from the U S and Caribbean, 37% from Worldwide, 5% from Europe, 2% from Japan, Australia and New Zealand, 3% from Worldwide (Ex U S ), and 2% from Other regions[20] Capital Partners - Total Managed Capital is approximately $242 billion, including $128 billion of Owned Capital and ~$114 billion of Capital Partner Capital[22,23,25]

Wall Street expects a year-over-year decline in earnings on higher revenues when Everest Group (EG) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. ...

Core Insights - Aspida Life Re Ltd has executed its second reinsurance transaction in Japan, effective June 1, 2025, marking a significant step in its global expansion strategy [1][2] - The transaction involves a highly rated Japanese life insurance carrier and focuses on reinsurance for new or incoming flow business, specifically a Japanese yen denominated fixed annuity [2][3] - Aspida Re's CEO emphasized the company's commitment to the Japanese market and its vision of providing innovative, capital-efficient reinsurance solutions globally [3] Company Overview - Aspida Life Re Ltd is a Bermuda-based reinsurance platform focused on life and annuity reinsurance solutions, aiming to be a trusted partner for long-term financial growth [5] - As of March 31, 2025, Aspida Re has over $23.1 billion in total assets, with Ares Management Corporation acting as its dedicated investment manager [5]

Munich Re said second-quarter profit rose as some major-loss expenditures were less than expected, prompting the German reinsurance company to confirm its full-year profit guidance https://t.co/ybsIMhipaO ...

Mukesh Ambani’s Jio Financial Services is forming a reinsurance venture with Allianz in India, advancing the billionaire’s quest to broaden his reach in the sector. https://t.co/M4NXurqmRp ...

Alfonso Valera named CEO of International, Steve Hofmann as CEO of Americas, George Attard as Global Head of Strategy and Tomas Novotny as Chairman of InternationalDUBLIN, July 16, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointments of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and APAC, and Steve Hofmann as CEO of Americas for Reinsurance, responsible for North America and Latin America. The firm also ...

Hannover Re ( OTCPK:HVRRY ) ( OTCPK:HVRRF ) is a Germany-based reinsurance company focusing on property and casualty insurance (about 70% of the reinsurance revenue in Q1) and Life and Health insurance (just under 30% of the total reinsurance revenue). Thanks to a strong investment strategy and an He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on hi ...

Thanks to an acquisition in 1998, the Oracle of Omaha has a bigger stake in the AI revolution than most investors realize. Since the mid-1960s, Berkshire Hathaway's (BRK.A -0.60%) (BRK.B -0.52%) Warren Buffett has been consistently outpacing the benchmark S&P 500 in the return department. As of the closing bell on July 10, the Oracle of Omaha has overseen a cumulative return in his company's Class A shares (BRK.A) of 5,873,451% since becoming CEO. In comparison, the broad-based S&P 500 is higher by around 4 ...