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Reinsurance Group of America RGA Insurance, Other — Policyholder Account Balance, Policy Charge

Other product segments

Life Insurance Product Line
-$81M+3.6%

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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:PolicyholderAccountBalancePolicyCharge.

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
Balance, beginning of year$3,318$26,186$7,804
Deposits936301,453
Policy charges(81)(198)(9)
Surrenders and withdrawals(27)(416)(182)
Benefit payments(101)(167)(77)
Interest credited3926493
Foreign currency translation21
Balance, end of period$3,241$26,299$9,103

Cover / Front Matter

FAQ

What is Reinsurance Group of America's insurance, other — policyholder account balance, policy charge?
Reinsurance Group of America (RGA) reported insurance, other — policyholder account balance, policy charge of -$207M in Q1 2026.
How has Reinsurance Group of America's insurance, other — policyholder account balance, policy charge changed year-over-year?
Reinsurance Group of America's insurance, other — policyholder account balance, policy charge decreased by 728.0% year-over-year, from -$25M to -$207M.
What is the long-term trend for Reinsurance Group of America's insurance, other — policyholder account balance, policy charge?
Over 4 years (2021 to 2025), Reinsurance Group of America's insurance, other — policyholder account balance, policy charge has grown at a 96.7% compound annual growth rate (CAGR), from -$32M to -$479M.
What does insurance, other — policyholder account balance, policy charge mean?
This represents the fees and charges deducted from policyholder account balances by the insurer for services such as cost of insurance, administration, or mortality and expense risk. These charges are a significant source of fee-based revenue for the insurance segment. It reflects the profitability of the business relative to the assets managed on behalf of policyholders.

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