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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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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:LiabilityForFuturePolicyBenefits.

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 itemMarch 31,2026December 31,2025
Other assets3,5032,916
Total assets$164,064$156,590
Liabilities and equity
Future policy benefits$72,308$66,425
Interest-sensitive contract liabilities53,54052,095
Market risk benefits, at fair value249234
Other policy claims and benefits3,0513,011
Other reinsurance balances1,4951,888

Cover / Front Matter

FAQ

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 balance sheet liability representing the present value of future benefits expected to be paid to policyholders. This is the primary measure of the company's long-term insurance obligations and is central to the solvency and financial health of the insurance segment. It aggregates all future commitments under the current portfolio of policies.

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