RGA Announces Reinsurance Transaction with Equitable Holdings

About this update from Reinsurance Group Of America, Incorporated

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/8b2dbb1fc0b55997ebe6ada8765827df"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/70I91rYgXkNxxsx7lgYO6w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/8b2dbb1fc0b55997ebe6ada8765827df","width":480,"height":480}},"lazy":false},{"type":"text","content":"ST. LOUIS, February 24, 2025--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has entered into an agreement with Equitable Holdings, Inc. (NYSE: EQH, "Equitable") to reinsure a diversified block of life insurance products and expand their strategic partnership.","length":359,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"RGA to reinsure $32 billion of a diversified mix of life insurance products","length":75,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"RGA expects to deploy $1.5 billion of capital at closing into this reinsurance transaction","length":90,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Priced with attractive returns within RGA’s target range","length":56,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Expected to meaningfully contribute to adjusted operating EPS","length":61,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Broadens RGA’s relationship with Equitable across underwriting, product development, distribution, and investment management","length":124,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":406,"olType":false},{"type":"text","content":""We are very excited about the partnership we have created with Equitable," said Ron Herrmann, Executive Vice President, Head of the Americas, RGA. "This transaction affirms our ability to execute on large in-force opportunities and demonstrates RGA’s unique ability to support clients’ new business efforts with product underwriting and biometric expertise. This partnership is an example of our capacity to provide creative solutions and technical expertise that support both sides of the balance sheet, and it is a prime example of how the execu...

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