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Reinsurance Group of America RGA Insurance, Other — Assumed Premiums Earned

Other product segments

Life Insurance Product Line
$15.1B+6.6%

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$129K-9.8%

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:AssumedPremiumsEarned.

The source filing: Reinsurance Group of America’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 2:21 PM EST
Fiscal year
FY2025
Accession
0000898174-26-000006
Line itemAs of or for the Year ended December 31, / Gross AmountAs of or for the Year ended December 31, / Ceded to Other CompaniesAs of or for the Year ended December 31, / Assumed from Other CompaniesAs of or for the Year ended December 31, / Net AmountsAs of or for the Year ended December 31, / Percentage of Amount Assumedto Net
Life reinsurance in force$809$64,802$4,334,693$4,270,700101.5%
Premiums
U.S. and Latin America:
Traditional$16$106$8,017$7,927101.1%
Financial Solutions2751050977465.8
Canada:
Traditional481,3791,331103.6
Financial Solutions188188100.0

Item 16. FORM 10-K SUMMARY

FAQ

What is Reinsurance Group of America's insurance, other — assumed premiums earned?
Reinsurance Group of America (RGA) reported insurance, other — assumed premiums earned of $596.75M in Q4 2025.
How has Reinsurance Group of America's insurance, other — assumed premiums earned changed year-over-year?
Reinsurance Group of America's insurance, other — assumed premiums earned increased by 68.3% year-over-year, from $354.5M to $596.75M.
What is the long-term trend for Reinsurance Group of America's insurance, other — assumed premiums earned?
Over 3 years (2022 to 2025), Reinsurance Group of America's insurance, other — assumed premiums earned has grown at a 32.8% compound annual growth rate (CAGR), from $1.02B to $2.39B.
What does insurance, other — assumed premiums earned mean?
This represents the premiums earned by the company from assuming risks from other insurance companies. It is the core revenue driver for a reinsurance business, reflecting the volume of business accepted from primary insurers. Growth in this metric indicates successful expansion of the company's reinsurance underwriting footprint.

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