Reinsurance Grp of Amer Pref Share RZB 5.75 06/15/56 | 10-Q: FY2025 Q1 Revenue: USD 5.26 B

Revenue: As of FY2025 Q1, the actual value is USD 5.26 B.

EPS: As of FY2025 Q1, the actual value is USD 4.27.

EBIT: As of FY2025 Q1, the actual value is USD 369 M.

Segment Revenue

• Net Premiums: $4,019 million for the three months ended March 31, 2025, compared to $5,376 million for the same period in 2024.

Operational Metrics

• Net Income: $286 million for the three months ended March 31, 2025, compared to $210 million for the same period in 2024.
• Total Revenues: $5,260 million for the three months ended March 31, 2025, compared to $6,337 million for the same period in 2024.
• Total Benefits and Expenses: $4,891 million for the three months ended March 31, 2025, compared to $6,065 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $1,429 million for the three months ended March 31, 2025, compared to $5,736 million for the same period in 2024.
• Net Cash Used in Investing Activities: - $1,695 million for the three months ended March 31, 2025, compared to - $3,720 million for the same period in 2024.
• Net Cash Provided by Financing Activities: $2,067 million for the three months ended March 31, 2025, compared to $1,005 million for the same period in 2024.

Unique Metrics

• Deferred Policy Acquisition Costs: $5,649 million as of March 31, 2025, compared to $4,673 million as of March 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to focus on its core reinsurance business, including individual and group life and health, disability, and critical illness reinsurance, as well as financial solutions such as longevity reinsurance and asset-intensive products.
• Non-Core Business: The company has launched Ruby Reinsurance Company to reinsure U.S. asset-intensive business, with a ceded reinsurance recoverable of approximately $2.7 billion.