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Reinsurance Group of America RGA Life Insurance Product Line — Policyholder Account Balance

Other product segments

Insurance, Other
$35.4B+64.9%

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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:PolicyholderFunds.

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
Benefit payments(101)(167)(77)
Interest credited3926493
Foreign currency translation21
Balance, end of period$3,241$26,299$9,103
Less: reinsurance recoverable(2,573)
Balance, end of period, after reinsurance$3,241$23,726$9,103
Weighted average crediting rate3.1%3.6%4.5%
Net amount at risk (1)$27,485$131,090

Cover / Front Matter

FAQ

What is Reinsurance Group of America's life insurance product line — policyholder account balance?
Reinsurance Group of America (RGA) reported life insurance product line — policyholder account balance of $3.24B in Q1 2026.
How has Reinsurance Group of America's life insurance product line — policyholder account balance changed year-over-year?
Reinsurance Group of America's life insurance product line — policyholder account balance decreased by 1.7% year-over-year, from $3.3B to $3.24B.
What is the long-term trend for Reinsurance Group of America's life insurance product line — policyholder account balance?
Over 3 years (2022 to 2025), Reinsurance Group of America's life insurance product line — policyholder account balance has grown at a 25.0% compound annual growth rate (CAGR), from $6.77B to $13.2B.
What does life insurance product line — policyholder account balance mean?
This represents the total value of funds held on behalf of policyholders in accounts such as universal life or investment-linked products. It reflects the accumulation of premiums, interest credits, and charges within these specific policy types. This balance is a key indicator of the company's assets under management and its exposure to policyholder withdrawal behavior.

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