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Reinsurance Group of America RGA Insurance, Other — Market Risk Benefit, 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:MarketRiskBenefitInterestExpense.

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 itemU.S. and Latin America – Financial Solutions / Three months ended March 31, 2026U.S. and Latin America – Financial Solutions / Three months ended March 31, 2025
Balance, beginning of year$215$206
Balance, beginning of year, before effect of changes in the instrument-specific credit risk217209
Interest accrual12
Attributed fees collected66
Benefit payments
Effect of changes in interest rates11
Effect of changes in equity markets36
Effect of changes in volatility41

Cover / Front Matter

FAQ

What is Reinsurance Group of America's insurance, other — market risk benefit, interest expense?
Reinsurance Group of America (RGA) reported insurance, other — market risk benefit, interest expense of $1M in Q1 2026.
How has Reinsurance Group of America's insurance, other — market risk benefit, interest expense changed year-over-year?
Reinsurance Group of America's insurance, other — market risk benefit, interest expense decreased by 50.0% year-over-year, from $2M to $1M.
What is the long-term trend for Reinsurance Group of America's insurance, other — market risk benefit, interest expense?
Over 4 years (2021 to 2025), Reinsurance Group of America's insurance, other — market risk benefit, interest expense has grown at a 31.6% compound annual growth rate (CAGR), from $3M to $9M.
What does insurance, other — market risk benefit, interest expense mean?
This metric represents the interest expense accrued on the liability for market risk benefits. It reflects the time-value-of-money component of these liabilities, calculated based on the discount rates applied to the expected future benefit payments. This is a recurring expense that impacts the profitability of the segment and is driven by the size of the liability and prevailing interest rates.

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