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Reinsurance Group of America RGA Insurance, Other — Policy acquisition costs and other insurance expenses

Other product segments

Life Insurance Product Line
$93M+6.9%

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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$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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 — policy acquisition costs and other insurance expenses?
Reinsurance Group of America (RGA) reported insurance, other — policy acquisition costs and other insurance expenses of $35M in Q1 2026.
How has Reinsurance Group of America's insurance, other — policy acquisition costs and other insurance expenses changed year-over-year?
Reinsurance Group of America's insurance, other — policy acquisition costs and other insurance expenses increased by 52.2% year-over-year, from $23M to $35M.
What is the long-term trend for Reinsurance Group of America's insurance, other — policy acquisition costs and other insurance expenses?
Over 4 years (2021 to 2025), Reinsurance Group of America's insurance, other — policy acquisition costs and other insurance expenses has grown at a 12.9% compound annual growth rate (CAGR), from $72M to $117M.
What does insurance, other — policy acquisition costs and other insurance expenses mean?
The total costs incurred to acquire and manage insurance policies.
How do you interpret insurance, other — policy acquisition costs and other insurance expenses?
An increase relative to premiums may signal declining underwriting efficiency or higher competitive pressure in acquisition costs.
How does insurance, other — policy acquisition costs and other insurance expenses compare across companies?
Standard operating expense category for insurance companies, often compared as a percentage of premiums.