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Reinsurance Group of America RGA Insurance, Other — Future policy benefits

Other product segments

Life Insurance Product Line
$20.91B+2.3%

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$6.38B-2.5%
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$7.98B-6.7%
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AIZOther — Future policy benefits and expenses
$63.2M-7.6%

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:LiabilityForFuturePolicyBenefits.

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 insurance, other — future policy benefits?
Reinsurance Group of America (RGA) reported insurance, other — future policy benefits of $41.86B in Q1 2026.
How has Reinsurance Group of America's insurance, other — future policy benefits changed year-over-year?
Reinsurance Group of America's insurance, other — future policy benefits increased by 27.0% year-over-year, from $32.96B to $41.86B.
What is the long-term trend for Reinsurance Group of America's insurance, other — future policy benefits?
Over 3 years (2022 to 2025), Reinsurance Group of America's insurance, other — future policy benefits has grown at a 37.5% compound annual growth rate (CAGR), from $54.23B to $141.04B.
What does insurance, other — future policy benefits mean?
The total estimated amount the company owes for future insurance claims and benefits.
How do you interpret insurance, other — future policy benefits?
Growth in this balance generally tracks with the growth of the insurance business, but must be balanced against premium growth and profitability.
How does insurance, other — future policy benefits compare across companies?
A fundamental balance sheet item for all life and health insurance companies.