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Reinsurance Group of America RGA Insurance, Other — Policyholder Account Balance, Surrender and Withdrawal

Other product segments

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-$27M-8.0%

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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:PolicyholderAccountBalanceSurrenderAndWithdrawal.

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, surrender and withdrawal?
Reinsurance Group of America (RGA) reported insurance, other — policyholder account balance, surrender and withdrawal of -$598M in Q1 2026.
How has Reinsurance Group of America's insurance, other — policyholder account balance, surrender and withdrawal changed year-over-year?
Reinsurance Group of America's insurance, other — policyholder account balance, surrender and withdrawal decreased by 21.8% year-over-year, from -$491M to -$598M.
What is the long-term trend for Reinsurance Group of America's insurance, other — policyholder account balance, surrender and withdrawal?
Over 3 years (2021 to 2025), Reinsurance Group of America's insurance, other — policyholder account balance, surrender and withdrawal has grown at a 24.8% compound annual growth rate (CAGR), from -$1.05B to -$2.04B.
What does insurance, other — policyholder account balance, surrender and withdrawal mean?
This metric measures the outflow of funds from policyholder account balances due to policy surrenders, partial withdrawals, or contract terminations. It is a critical indicator of policyholder retention and the stability of the insurance portfolio. High levels of surrender activity can negatively impact profitability and asset management strategies.

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