Reinsurance Group of America (RGA) said Monday it has agreed to reinsure $32 billion of life insurance products of Equitable (EQH).
This includes about $18 billion of general account reserves and $14 billion of separate account reserves.
Reinsurance Group said it expects to deploy $1.5 billion of capital at closing into the transaction.
The company expects the transaction to contribute nearly $70 million of adjusted operating income before taxes this year. It expects adjusted operating income before tax to rise to $160 million to $170 million in 2026, and over time to about $200 million annually.
Reinsurance Group expects the deal to close in the middle of 2025.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。