Record Operating EPS
Reported record operating EPS of $6.37 per share, excluding notable items, above expectations.
Strong Regional Performance
Excellent performance in Asia Traditional, EMEA, and U.S. Financial Solutions segments.
Equitable Transaction Contribution
Positive contribution from the Equitable transaction, with results in line with expectations.
New Business and Premium Growth
Strong new business momentum with an 8.5% increase in Traditional business premiums year-to-date on a constant currency basis.
Capital Deployment and Share Repurchase
Deployed $2.4 billion of capital year-to-date and repurchased $75 million of common shares.
In-force Business Margin Increase
Value of in-force business margins increased by 16% over the past three quarters.
Strong Capital Position
Ended the quarter with estimated excess capital of $2.3 billion and deployable capital of $3.4 billion.
Investment Performance
New money rate remains well above the portfolio yield, providing a tailwind to overall book yield.