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Reinsurance Group of America RGA Insurance, Other — Claims and other policy benefits

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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:PolicyholderBenefitsAndClaimsIncurredNet.

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
Line itemThree months ended March 31, 20262025
Other revenues36888
Total revenues6,4945,260
Benefits and expenses
Claims and other policy benefits4,6213,822
Future policy benefits remeasurement (gains) losses(7)(56)
Market risk benefits remeasurement (gains) losses2229
Interest credited480299
Policy acquisition costs and other insurance expenses512417

Cover / Front Matter

FAQ

What is Reinsurance Group of America's insurance, other — claims and other policy benefits?
Reinsurance Group of America (RGA) reported insurance, other — claims and other policy benefits of $1.26B in Q1 2026.
How has Reinsurance Group of America's insurance, other — claims and other policy benefits changed year-over-year?
Reinsurance Group of America's insurance, other — claims and other policy benefits increased by 108.8% year-over-year, from $603M to $1.26B.
What is the long-term trend for Reinsurance Group of America's insurance, other — claims and other policy benefits?
Over 3 years (2022 to 2025), Reinsurance Group of America's insurance, other — claims and other policy benefits has grown at a 52.9% compound annual growth rate (CAGR), from $942M to $3.37B.
What does insurance, other — claims and other policy benefits mean?
This metric represents the total costs incurred for policyholder claims, benefit payments, and changes in reserves for future policy benefits. It is the primary expense driver for an insurance segment.

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