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Policy loans at other companies

MetLife logo
MetLifeMET
$8.46B-2.4%
Globe Life logo
Globe LifeGL
$749.11M+5.8%
Equitable Holdings logo
Equitable HoldingsEQH

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:LoansInsurancePolicy.

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 policy loans?
Reinsurance Group of America (RGA) reported policy loans of $3.7B in Q1 2026.
How has Reinsurance Group of America's policy loans changed year-over-year?
Reinsurance Group of America's policy loans increased by 188.4% year-over-year, from $1.28B to $3.7B.
What is the long-term trend for Reinsurance Group of America's policy loans?
Over 5 years (2020 to 2025), Reinsurance Group of America's policy loans has grown at a 23.0% compound annual growth rate (CAGR), from $1.26B to $3.54B.
What does policy loans mean?
The total amount of money borrowed by policyholders against their insurance policies.
How do you interpret policy loans?
An increase may indicate higher policyholder demand for liquidity, while a decrease suggests lower utilization of policy cash values.
How does policy loans compare across companies?
Standard for life insurers; levels are generally driven by policyholder behavior rather than company investment strategy.