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Reinsurance Group of America RGA Life Insurance Product Line — Assumed Premiums Earned

Other product segments

Insurance, Other
$2.39B+68.3%

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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:AssumedPremiumsEarned.

The source filing: Reinsurance Group of America’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 2:21 PM EST
Fiscal year
FY2025
Accession
0000898174-26-000006
Line itemAs of or for the Year ended December 31, / Gross AmountAs of or for the Year ended December 31, / Ceded to Other CompaniesAs of or for the Year ended December 31, / Assumed from Other CompaniesAs of or for the Year ended December 31, / Net AmountsAs of or for the Year ended December 31, / Percentage of Amount Assumedto Net
Life reinsurance in force$809$64,802$4,334,693$4,270,700101.5%
Premiums
U.S. and Latin America:
Traditional$16$106$8,017$7,927101.1%
Financial Solutions2751050977465.8
Canada:
Traditional481,3791,331103.6
Financial Solutions188188100.0

Item 16. FORM 10-K SUMMARY

FAQ

What is Reinsurance Group of America's life insurance product line — assumed premiums earned?
Reinsurance Group of America (RGA) reported life insurance product line — assumed premiums earned of $3.77B in Q4 2025.
How has Reinsurance Group of America's life insurance product line — assumed premiums earned changed year-over-year?
Reinsurance Group of America's life insurance product line — assumed premiums earned increased by 6.6% year-over-year, from $3.54B to $3.77B.
What is the long-term trend for Reinsurance Group of America's life insurance product line — assumed premiums earned?
Over 3 years (2022 to 2025), Reinsurance Group of America's life insurance product line — assumed premiums earned has grown at a 5.6% compound annual growth rate (CAGR), from $12.81B to $15.1B.
What does life insurance product line — assumed premiums earned mean?
This metric represents the premiums earned by the company from assuming risk from other insurance companies. As a reinsurer, this is the primary revenue stream, reflecting the volume of business accepted from primary insurers. It is the core indicator of the company's scale and competitive position in the reinsurance market.

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