Earnings & Results
Reinsurance Group of America Heads Into Q3 With Analysts Expecting 5.9% Revenue Growth
By News Desk ·
Key takeaways
- Analysts expect Reinsurance Group of America revenue to grow 5.9% year on year in Q3, down from 9.5% in the same quarter last year.
- Reinsurance Group of America beat revenue estimates last quarter with $6.83 billion, up 20.2% year on year.
- The average analyst price target for Reinsurance Group of America is $279.78, compared with a current share price of $266.66.
Reinsurance Group of America will report third-quarter results on Thursday afternoon, with analysts expecting revenue growth of 5.9% year on year, according to TradingView. The global life reinsurance provider beat revenue estimates last quarter with $6.83 billion, up 20.2% year on year.
What Analysts Expect From RGA's Q3
The expected 5.9% growth would slow from the 9.5% increase Reinsurance Group of America recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Reinsurance Group of America rarely misses Wall Street's revenue estimates.
Last quarter was an exceptional one for the company, with a solid beat of analysts' book value per share estimates and a beat of analysts' EPS estimates. Among peers in the reinsurance segment that have already reported Q3, Hamilton Insurance Group delivered year-on-year revenue growth of 24%, beating analysts' expectations by 20.3%, and AXIS Capital reported revenues up 11.7%, topping estimates by 4.4%.
RGA's Scale and Recent Moves
Reinsurance Group of America is the only global reinsurer focused exclusively on life and health solutions, serving primary insurers across 25 markets, according to akta.pro company records. The same records show total assets of $164.06 billion as of Q1 2026, up nearly 28% from the prior year, and Q1 2026 revenue of $6.49 billion, representing 23.46% year-over-year growth. The company was founded in 1973 and is headquartered in Chesterfield, USA.
How RGA Got Here
Reinsurance Group of America reported a record operating quarter in Q2 2026, generating $761 million in pretax adjusted operating income driven by strong investment performance and favorable claims experience, TradingView reported. At the Barclays 24th Annual Global Financial Services Conference in September 2026, CFO Laura Cockrill and CCO Ronald Herrmann discussed priorities focused on delivering 8-10% EPS growth and 13-15% ROE, Seeking Alpha reported. Reinsurance Group of America has beaten earnings estimates in its last two quarters, with a 24.58% average surprise, Yahoo reported in November 2026.
What to Watch in RGA's Q3 Report
Reinsurance Group of America will report results on Thursday afternoon. The average analyst price target is $279.78, compared with the current share price of $266.66.