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Reinsurance Group of America RGA Corporate and Other — Interest Expense

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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$15.49B+27.6%
Enterprise value$17.9B+29.1%
P/E12.6×-3.1×
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:InterestExpense.

The source filing: Reinsurance Group of America’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 1:51 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000898174-26-000025
For the three months ended March 31, 2026:For the three months ended March 31, 2026: / U.S. and Latin America / TraditionalFor the three months ended March 31, 2026: / U.S. and Latin America / Financial SolutionsCanada / TraditionalCanada / Financial SolutionsEurope, Middle East and Africa / TraditionalEurope, Middle East and Africa / Financial SolutionsAsia Pacific / TraditionalAsia Pacific / Financial SolutionsCorporate and OtherTotal
Adjusted claims and other policy benefits1,77759731693543347726222
Future policy benefits remeasurement (gains) losses(6)14(1)(1)(10)(11)9(1)
Adjusted interest credited22264814044
Interest expense98
Other segment items (3)28415450759239069102
Adjusted operating income (loss) before income taxes$138$118$38$10$54$128$125$65$(65)$611
Reconciliation of adjusted operating income (loss) before income taxes
Investment and derivative gains (losses)(198)

Cover / Front Matter

FAQ

What is Reinsurance Group of America's corporate and other — interest expense?
Reinsurance Group of America (RGA) reported corporate and other — interest expense of $98M in Q1 2026.
How has Reinsurance Group of America's corporate and other — interest expense changed year-over-year?
Reinsurance Group of America's corporate and other — interest expense increased by 22.5% year-over-year, from $80M to $98M.
What is the long-term trend for Reinsurance Group of America's corporate and other — interest expense?
Over 3 years (2022 to 2025), Reinsurance Group of America's corporate and other — interest expense has grown at a 24.2% compound annual growth rate (CAGR), from $191M to $366M.
What does corporate and other — interest expense mean?
This captures the interest expense incurred on debt and other financing arrangements allocated to the corporate and other segment. It reflects the cost of capital used to support the segment's operations and broader corporate financing needs. High levels of interest expense relative to segment assets may indicate a higher leverage profile.

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