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Reinsurance Group of America RGA Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

Everest Group logo
Everest GroupEG
$1.54B+3.1%
RenaissanceRe Holdings logo
RenaissanceRe HoldingsRNR
$1.67B-1.1%
American International Group logo
American International GroupAIG
$2.13B+5.9%
Arch Capital Group logo
Arch Capital GroupACGL
$1.77B-0.6%
MetLife logo
MetLifeMET
$21.27B+5.5%
W.R. Berkley logo
W.R. BerkleyWRB
$1.01B+3.5%

Segments

By product

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Life Insurance Product Line$5.02B+5.8%
Insurance, Other$1.08B+22.2%

By segment

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Corporate and Other$13M-23.5%

Other financials

Income statement

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Revenue$6.5B+23.5%
Net income$330.0M+15.4%
EPS (diluted)$4.98+16.6%

Balance sheet

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Cash & equivalents$5.0B-3.1%
Total debt$7.4B+5.3%
Total equity$13.3B+16.6%
Total assets$164.06B+28.0%

Cash flow

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Operating cash flow-$2.9B-101%
CapEx$84.0M+1,150%
Free cash flow-$3.0B-106%

Valuation

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Market cap$13.79B+3.0%
Enterprise value$16.21B+6.1%
P/E11.2×-5.6×
P/S0.6×-0.1×

Profitability

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Net margin4.9%+1.1pp
FCF margin9.2%-55.7pp

Returns & leverage

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Return on equity9.9%+2.3pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Reinsurance Group of America in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Reinsurance Group of America’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reinsurance Group of America's deferred policy acquisition costs?
Reinsurance Group of America (RGA) reported deferred policy acquisition costs of $6.19B in Q1 2026.
How has Reinsurance Group of America's deferred policy acquisition costs changed year-over-year?
Reinsurance Group of America's deferred policy acquisition costs increased by 9.6% year-over-year, from $5.65B to $6.19B.
What is the long-term trend for Reinsurance Group of America's deferred policy acquisition costs?
Over 5 years (2020 to 2025), Reinsurance Group of America's deferred policy acquisition costs has grown at a 10.9% compound annual growth rate (CAGR), from $3.62B to $6.08B.
What does deferred policy acquisition costs mean?
Upfront costs to acquire insurance policies that are spread out over the life of the policy.
How do you interpret deferred policy acquisition costs?
An increase suggests strong new business growth, while a decrease may indicate lower sales or accelerated amortization due to policy lapses.
How does deferred policy acquisition costs compare across companies?
Common in life insurance; peers use similar accounting standards to match acquisition costs with future premiums.