Record Operating Earnings
RGA reported adjusted operating earnings of $4.99 per share and record operating EPS of $22.57 per share for the year, up 14% from 2023.
Strong Capital Deployment
For the full year, RGA deployed nearly $1.7 billion into transactions, up 80% from 2023, marking the highest in RGA's history.
Increased Financial Targets
The intermediate-term operating ROE target was increased to 13% to 15%, up from the previous 12% to 14%.
Robust New Business Pipeline
RGA enters 2025 with a strong pipeline and has raised targets for earnings run rate and reaffirmed an 8% to 10% intermediate-term growth target.
Successful In-Force Transactions
Fourth quarter in-force transactions were solid, with $250 million of capital deployed, contributing to long-term financial benefits.
Positive Impact from Balance Sheet Optimization
Record balance sheet optimization delivered $2.1 billion of long-term value.