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Reinsurance Group of America RGA Life Insurance Product Line — Other operating expenses

Other product segments

Insurance, Other
$253M+48.0%

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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:OtherCostAndExpenseOperating.

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
Line itemThree months ended March 31, 20262025
Market risk benefits remeasurement (gains) losses2229
Interest credited480299
Policy acquisition costs and other insurance expenses512417
Other operating expenses326300
Interest expense9980
Total benefits and expenses6,0534,891
Income before income taxes441369
Provision for income taxes11081

Cover / Front Matter

FAQ

What is Reinsurance Group of America's life insurance product line — other operating expenses?
Reinsurance Group of America (RGA) reported life insurance product line — other operating expenses of $483M in Q1 2026.
How has Reinsurance Group of America's life insurance product line — other operating expenses changed year-over-year?
Reinsurance Group of America's life insurance product line — other operating expenses increased by 3.6% year-over-year, from $466M to $483M.
What is the long-term trend for Reinsurance Group of America's life insurance product line — other operating expenses?
Over 3 years (2022 to 2025), Reinsurance Group of America's life insurance product line — other operating expenses has grown at a 3.6% compound annual growth rate (CAGR), from $1.75B to $1.94B.
What does life insurance product line — other operating expenses mean?
Includes administrative, overhead, and general operating costs allocated to the life insurance segment, excluding direct claims and acquisition costs. This metric measures the operational efficiency and cost management discipline of the business unit.

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