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

Other product segments

Insurance, Other
$275M-90.5%

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$1.05B+17.5%
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$48.9M-1.2%
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$475.75M+7.0%
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$242.75M+0.8%

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:DirectPremiumsEarned.

The official record: Reinsurance Group of America’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reinsurance Group of America's life insurance product line — direct premiums earned?
Reinsurance Group of America (RGA) reported life insurance product line — direct premiums earned of $4M in Q4 2025.
How has Reinsurance Group of America's life insurance product line — direct premiums earned changed year-over-year?
Reinsurance Group of America's life insurance product line — direct premiums earned increased by 14.3% year-over-year, from $3.5M to $4M.
What is the long-term trend for Reinsurance Group of America's life insurance product line — direct premiums earned?
Over 3 years (2022 to 2025), Reinsurance Group of America's life insurance product line — direct premiums earned has grown at a -13.8% compound annual growth rate (CAGR), from $25M to $16M.
What does life insurance product line — direct premiums earned mean?
Total premiums earned from policies sold directly by the company.
How do you interpret life insurance product line — direct premiums earned?
Growth in direct premiums indicates successful market expansion and customer acquisition.
How does life insurance product line — direct premiums earned compare across companies?
Standard metric for insurance companies to measure top-line growth before reinsurance activity.