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Reinsurance Group of America RGA Insurance, Other — Policyholder Account Balance, Net Amount at Risk

Other product segments

Life Insurance Product Line
$27.49B+5.9%

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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$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:PolicyholderAccountBalanceNetAmountAtRisk.

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
For the three months ended March 31, 2026:U.S. and Latin America – TraditionalU.S. and Latin America – Financial SolutionsAsia Pacific – Financial Solutions
Interest credited3926493
Foreign currency translation21
Balance, end of period$3,241$26,299$9,103
Less: reinsurance recoverable(2,573)
Balance, end of period, after reinsurance$3,241$23,726$9,103
Weighted average crediting rate3.1%3.6%4.5%
Net amount at risk (1)$27,485$131,090
Cash surrender value$3,234$25,993$8,634

Cover / Front Matter

FAQ

What is Reinsurance Group of America's insurance, other — policyholder account balance, net amount at risk?
Reinsurance Group of America (RGA) reported insurance, other — policyholder account balance, net amount at risk of $131.09B in Q1 2026.
How has Reinsurance Group of America's insurance, other — policyholder account balance, net amount at risk changed year-over-year?
Reinsurance Group of America's insurance, other — policyholder account balance, net amount at risk increased by 1941.3% year-over-year, from $6.42B to $131.09B.
What is the long-term trend for Reinsurance Group of America's insurance, other — policyholder account balance, net amount at risk?
Over 3 years (2022 to 2025), Reinsurance Group of America's insurance, other — policyholder account balance, net amount at risk has grown at a 202.1% compound annual growth rate (CAGR), from $10.13B to $279.21B.
What does insurance, other — policyholder account balance, net amount at risk mean?
This metric measures the difference between the death benefit payable and the current policyholder account balance, representing the company's net exposure to mortality risk. It quantifies the amount the insurer would have to pay out in excess of the accumulated account value if all insured events occurred simultaneously. This is a fundamental measure of insurance risk for products with variable or account-based benefits.

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