Reinsurance Group of America RGA Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Insurance, Other | $2.25B+2.8% | $2.19B+13.3% | $1.93B+52.1% | $1.27B+5.1% | $1.21B+1.7% | |
| Life Insurance Product Line | $4.21B-4.4% | $4.41B+6.4% | $4.14B-1.9% | $4.22B+5.7% | $4B-3.4% | |
| Liability for Future Policy Benefit, Gross Premium Income by Product | ||||||
| Insurance, Other | $730M-9.1% | $803M+45.7% | $551M+17.7% | $468M-10.5% | $523M-1.3% | |
| Life Insurance Product Line | $3.17B-5.5% | $3.35B+8.2% | $3.09B-2.4% | $3.17B+4.4% | $3.04B-4.8% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Product | ||||||
| Insurance, Other | 32,100,000,000%-200,000,000pp | 32,300,000,000%+500,000,000pp | 31,800,000,000%+1,900,000,000pp | 29,900,000,000%+7,200,000,000pp | 22,700,000,000%-1,800,000,000pp | |
| Life Insurance Product Line | 35,500,000,000%-5,600,000,000pp | 41,100,000,000%+28,600,000,000pp | 12,500,000,000%-2,900,000,000pp | 15,400,000,000%-17,400,000,000pp | 32,800,000,000%+7,100,000,000pp | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Insurance, Other | $38.88B+16.6% | $33.33B-2.4% | $34.15B-0.8% | $34.42B+9.0% | $31.59B+16.2% | |
| Life Insurance Product Line | $19.76B-1.1% | $19.99B-3.9% | $20.81B+6.2% | $19.6B+1.6% | $19.29B+12.2% | |
| Policyholder Account Balance, Net Amount at Risk by Product | ||||||
| Insurance, Other | $131.09B-1.0% | $132.4B-1.2% | $134.06B+2,018% | $6.33B-1.4% | $6.42B-1.3% | |
| Life Insurance Product Line | $27.49B+10.9% | $24.79B-1.6% | $25.19B-2.0% | $25.69B-1.0% | $25.95B-24.0% | |
| Policyholder Account Balance After Reinsurance by Product | ||||||
| Insurance, Other | $32.83B+4.6% | $31.37B+5.7% | $29.68B+55.1% | $19.14B+2.3% | $18.72B+4.5% | |
| Life Insurance Product Line | $3.24B-2.3% | $3.32B+0.5% | $3.3B+0.5% | $3.29B-0.3% | $3.3B+0.7% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $182.07B+4.3% | $174.62B+2.0% | $171.16B+5.2% | $162.65B+13.3% | $143.49B+3.7% | |
| Life Insurance Product Line | $412.57B+2.0% | $404.42B+2.4% | $395.06B+2.9% | $383.78B+3.8% | $369.65B+1.6% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Insurance, Other | -$9.44B-147% | -$3.82B-16.7% | -$3.27B+18.8% | -$4.03B+29.5% | -$5.71B-110% | |
| Life Insurance Product Line | -$2.74B+3.2% | -$2.83B-4.0% | -$2.72B+1.4% | -$2.76B+36.3% | -$4.33B-39.8% | |
| Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change by Product | ||||||
| Insurance, Other | 9,807,200,000,000%+249,500,000,000pp | 9,557,700,000,000%+178,300,000,000pp | 9,379,400,000,000%+317,600,000,000pp | 9,061,800,000,000%+901,800,000,000pp | 8,160,000,000,000%+278,700,000,000pp | |
| Life Insurance Product Line | 17,370,400,000,000%+223,400,000,000pp | 17,147,000,000,000%+137,700,000,000pp | 17,009,300,000,000%+161,400,000,000pp | 16,847,900,000,000%+607,000,000,000pp | 16,240,900,000,000%+316,100,000,000pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $266.36B+8.5% | $245.57B+2.1% | $240.53B+3.6% | $232.13B+12.0% | $207.17B+8.9% | |
| Life Insurance Product Line | $415B+1.6% | $408.55B+1.8% | $401.26B+1.9% | $393.71B+3.4% | $380.68B+2.7% | |
| Net Liability For Future Policy Benefits At Original Discount Rate by Product | ||||||
| Insurance, Other | $47.8B+30.9% | $36.5B-9.2% | $40.2B+1.5% | $39.6B+9.7% | $36.1B+34.2% | |
| Life Insurance Product Line | $26.1B+0.8% | $25.9B-1.1% | $26.2B+3.6% | $25.3B+2.4% | $24.7B+9.3% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Insurance, Other | -$2.69B-5.9% | -$2.54B-10.3% | -$2.3B-6.0% | -$2.17B-9.0% | -$1.99B-4.6% | |
| Life Insurance Product Line | -$2.66B+2.2% | -$2.72B+1.5% | -$2.76B+4.4% | -$2.89B-14.6% | -$2.52B+9.5% | |
| Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change by Product | ||||||
| Insurance, Other | -$1.75B-1,547% | $121M— | —— | $5.38B+104% | $2.63B+153% | |
| Life Insurance Product Line | -$1.28B— | —— | —— | $4.58B+608% | $647M+115% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance by Product | ||||||
| Insurance, Other | $88.37B-1.1% | $89.37B+3.6% | $86.29B+2.2% | $84.45B+13.8% | $74.23B+2.1% | |
| Life Insurance Product Line | $173.33B-0.4% | $174.05B+0.2% | $173.65B+2.9% | $168.71B+3.6% | $162.82B+2.6% | |
| Other operating expenses by Product | ||||||
| Insurance, Other | $253M+1.2% | $250M+15.2% | $217M+11.9% | $194M+13.5% | $171M+3.0% | |
| Life Insurance Product Line | $483M-5.8% | $513M+6.9% | $480M-0.8% | $484M+3.9% | $466M-10.9% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 8,300,500,000,000%-221,400,000,000pp | 8,521,900,000,000%+290,600,000,000pp | 8,231,300,000,000%+189,900,000,000pp | 8,041,400,000,000%+974,300,000,000pp | 7,067,100,000,000%+96,400,000,000pp | |
| Life Insurance Product Line | 14,277,000,000,000%-83,800,000,000pp | 14,360,800,000,000%+28,100,000,000pp | 14,332,700,000,000%+377,700,000,000pp | 13,955,000,000,000%+484,600,000,000pp | 13,470,400,000,000%+325,800,000,000pp | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Insurance, Other | -$244M+17.0% | -$294M-5.0% | -$280M-55.6% | -$180M+9.1% | -$198M-48.9% | |
| Life Insurance Product Line | -$101M-494% | -$17M+15.0% | -$20M+63.0% | -$54M-200% | -$18M+45.5% | |
| AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax by Product | ||||||
| Insurance, Other | -$15.07B-116% | $95.51B+932% | -$11.48B-12.5% | -$10.2B+6.6% | -$10.93B-114% | |
| Life Insurance Product Line | -$30.93B-118% | $171.63B+741% | -$26.77B+7.5% | -$28.93B-4.4% | -$27.71B-117% | |
| Policyholder Account Balance Reinsurance Recoverable by Product | ||||||
| Insurance, Other | $2.57B-1.6% | $2.62B-1.4% | $2.65B-1.4% | $2.69B-2.0% | $2.75B-1.8% | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance by Product | ||||||
| Insurance, Other | $12.75B+181% | $4.54B-41.7% | $7.79B+10.9% | $7.02B+35.3% | $5.19B-61.5% | |
| Life Insurance Product Line | $4.62B+117% | $2.13B-63.4% | $5.8B+119% | $2.65B-50.3% | $5.33B+116% | |
| Liability for Future Policy Benefit, Expected Net Premium, Issuance by Product | ||||||
| Insurance, Other | $12.74B+181% | $4.53B-41.8% | $7.78B+11.2% | $7B+34.8% | $5.19B-61.5% | |
| Life Insurance Product Line | $4.62B+63.4% | $2.83B-44.6% | $5.1B+92.7% | $2.65B-50.3% | $5.33B+118% | |
| Liability for Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $415M+13.4% | $366M+7.0% | $342M+3.3% | $331M+11.4% | $297M+15.6% | |
| Life Insurance Product Line | $296M+3.9% | $285M-4.4% | $298M+2.4% | $291M+4.3% | $279M+7.3% | |
| Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance by Product | ||||||
| Insurance, Other | $2.98B+197% | -$3.07B-75.7% | -$1.75B-29.2% | -$1.35B+1.2% | -$1.37B+0.2% | |
| Life Insurance Product Line | $1.15B+198% | -$1.16B+1.4% | -$1.18B-3.2% | -$1.14B-199% | $1.15B+199% | |
| Liability for Future Policy Benefit, Remeasurement Gain (Loss) by Product | ||||||
| Insurance, Other | $1M— | —— | -$36M-500% | -$6M+25.0% | -$8M— | |
| Life Insurance Product Line | -$8M— | —— | $121M+63.5% | $74M+254% | -$48M+7.7% | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Insurance, Other | -$207M+5.5% | -$219M-2.8% | -$213M-868% | -$22M+12.0% | -$25M0.0% | |
| Life Insurance Product Line | -$81M+5.8% | -$86M-2.4% | -$84M+2.3% | -$86M-2.4% | -$84M+4.5% | |
| Interest credited by Product | ||||||
| Insurance, Other | $412M-70.9% | $1.42B+223% | $438M+90.4% | $230M+8.0% | $213M-75.7% | |
| Life Insurance Product Line | $22M-90.0% | $220M+255% | $62M+67.6% | $37M+27.6% | $29M-72.4% | |
| Claims and other policy benefits by Product | ||||||
| Insurance, Other | $1.26B+2.8% | $1.23B+23.6% | $991M+79.9% | $551M-8.6% | $603M+4.9% | |
| Life Insurance Product Line | $3.36B-51.6% | $6.95B+107% | $3.35B-3.5% | $3.47B+7.8% | $3.22B-58.8% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 12,486,900,000,000%+324,400,000,000pp | 12,162,500,000,000%+342,000,000,000pp | 11,820,500,000,000%+202,000,000,000pp | 11,618,500,000,000%+1,256,200,000,000pp | 10,362,300,000,000%+534,100,000,000pp | |
| Life Insurance Product Line | 16,367,600,000,000%-108,400,000,000pp | 16,476,000,000,000%-55,500,000,000pp | 16,531,500,000,000%+502,000,000,000pp | 16,029,500,000,000%+514,600,000,000pp | 15,514,900,000,000%+534,200,000,000pp | |
| Future policy benefits by Product | ||||||
| Insurance, Other | $41.86B+15.0% | $36.41B+1.4% | $35.9B+0.3% | $35.78B+8.6% | $32.96B+15.4% | |
| Life Insurance Product Line | $20.91B-1.2% | $21.15B-3.8% | $21.99B+6.0% | $20.75B+1.5% | $20.45B+11.4% | |
| Policyholder Account Balance, Issuance by Product | ||||||
| Insurance, Other | $2.08B-15.5% | $2.47B-77.9% | $11.14B+1,306% | $792M-37.5% | $1.27B+45.0% | |
| Life Insurance Product Line | $93M-1.1% | $94M-9.6% | $104M-14.0% | $121M+15.2% | $105M+1.0% | |
| Policyholder Account Balance by Product | ||||||
| Insurance, Other | $35.4B+4.2% | $33.99B+5.1% | $32.33B+48.1% | $21.83B+1.7% | $21.46B+3.6% | |
| Life Insurance Product Line | $3.24B-2.3% | $3.32B+0.5% | $3.3B+0.5% | $3.29B-0.3% | $3.3B+0.7% | |
| Policy acquisition costs and other insurance expenses by Product | ||||||
| Insurance, Other | $35M+12.9% | $31M+14.8% | $27M-25.0% | $36M+56.5% | $23M+15.0% | |
| Life Insurance Product Line | $93M+4.5% | $89M-3.3% | $92M0.0% | $92M+5.7% | $87M+4.8% | |
| Liability for Future Policy Benefit, Expected Net Premium, Interest Income by Product | ||||||
| Insurance, Other | $940M+8.2% | $869M+8.1% | $804M+6.1% | $758M+12.1% | $676M+6.1% | |
| Life Insurance Product Line | $1.63B+3.2% | $1.58B-0.4% | $1.59B+2.5% | $1.55B+2.5% | $1.51B+1.1% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Discounted Before Reinsurance by Product | ||||||
| Insurance, Other | $124.87B+2.7% | $121.63B+2.9% | $118.21B+1.7% | $116.19B+12.1% | $103.62B+5.4% | |
| Life Insurance Product Line | $163.68B-0.7% | $164.76B-0.3% | $165.32B+3.1% | $160.3B+3.3% | $155.15B+3.6% | |
| Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change by Product | ||||||
| Insurance, Other | 14,583,200,000,000%+919,500,000,000pp | 13,663,700,000,000%+273,900,000,000pp | 13,389,800,000,000%+375,500,000,000pp | 13,014,300,000,000%+1,255,500,000,000pp | 11,758,800,000,000%+752,100,000,000pp | |
| Life Insurance Product Line | 19,986,200,000,000%+249,700,000,000pp | 19,736,500,000,000%+100,000,000,000pp | 19,636,500,000,000%+255,100,000,000pp | 19,381,400,000,000%+674,400,000,000pp | 18,707,000,000,000%+532,000,000,000pp | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Insurance, Other | -$20.96B-115% | $136.57B+970% | -$15.69B-12.4% | -$13.96B+0.1% | -$13.97B-113% | |
| Life Insurance Product Line | -$36.19B-118% | $197.54B+736% | -$31.05B+7.4% | -$33.52B-5.0% | -$31.92B-118% | |
| Policyholder Account Balance Foreign Currency Translation by Product | ||||||
| Insurance, Other | $21M+320% | $5M+66.7% | $3M-92.7% | $41M+920% | -$5M-109% | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change by Product | ||||||
| Insurance, Other | -$2.22B— | —— | —— | $6.71B+100% | $3.35B+150% | |
| Life Insurance Product Line | -$1.39B— | —— | —— | $4.97B+593% | $717M+115% | |
| Policyholder Account Balance, Weighted Average Crediting Rate by Product | ||||||
| Insurance, Other | 8.1%+0.2pp | 7.9%+0.2pp | 7.7%0.0pp | 7.7%+0.1pp | 7.6%+0.2pp | |
| Life Insurance Product Line | 3.1%-0.1pp | 3.2%+0.1pp | 3.1%0.0pp | 3.1%0.0pp | 3.1%0.0pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $1.36B+9.7% | $1.24B+7.8% | $1.15B+5.2% | $1.09B+11.9% | $973M+8.8% | |
| Life Insurance Product Line | $1.93B+3.3% | $1.87B-1.0% | $1.88B+2.5% | $1.84B+2.7% | $1.79B+2.1% | |
| Interest Expense by Product | ||||||
| Insurance, Other | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Increase Decrease Impact Of Updating Discount Rate Recognized In OCI by Product | ||||||
| Insurance, Other | $399M-4.3% | $417M+55.3% | $268.5M-77.0% | $1.17B+207% | $380M-61.9% | |
| Life Insurance Product Line | $357B+33.2% | $268B+80,380% | $333M+59.3% | $209M+100% | -$195B-151% | |
| Future Policy Benefits Actual To Expected Increase Decrease by Product | ||||||
| Insurance, Other | $1M+105% | -$20M+9.1% | -$22M-175% | -$8M-60.0% | -$5M+99.5% | |
| Life Insurance Product Line | -$12B+88.7% | -$106B-963,536% | -$11M-124% | $45M-99.9% | $56B-43.4% | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Insurance, Other | -$598M+8.0% | -$650M-42.9% | -$455M-1.8% | -$447M+9.0% | -$491M-8.1% | |
| Life Insurance Product Line | -$27M-3.8% | -$26M-8.3% | -$24M+11.1% | -$27M-8.0% | -$25M-78.6% | |
| Policyholder Account Balance, Cash Surrender Value by Product | ||||||
| Insurance, Other | $34.63B+3.9% | $33.34B+5.1% | $31.73B+49.8% | $21.18B+1.5% | $20.86B+3.5% | |
| Life Insurance Product Line | $3.23B-2.3% | $3.31B+0.5% | $3.3B+0.8% | $3.27B-0.4% | $3.28B+0.4% | |
| Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate by Product | ||||||
| Insurance, Other | 15%+0.9pp | 14.1%+0.5pp | 13.6%+0.1pp | 13.5%+0.1pp | 13.4%+0.3pp | |
| Life Insurance Product Line | 14.7%0.0pp | 14.7%+0.1pp | 14.6%+0.2pp | 14.4%-0.1pp | 14.5%+0.2pp | |
| Liability for Future Policy Benefit, Current Weighted-Average Discount Rate by Product | ||||||
| Insurance, Other | 21.4%+1.4pp | 20%+0.5pp | 19.5%+0.4pp | 19.1%+0.3pp | 18.8%+0.2pp | |
| Life Insurance Product Line | 21.9%+1.0pp | 20.9%+0.3pp | 20.6%-0.1pp | 20.7%-0.1pp | 20.8%0.0pp | |
| Liability for Future Policy Benefit, Weighted-Average Duration by Product | ||||||
| Insurance, Other | 0%— | 0%— | 0%— | 0%— | 0%— | |
| Life Insurance Product Line | 0%— | 0%— | 0%— | 0%— | 0%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Reinsurance Group of America break its business down?
- Reinsurance Group of America (RGA) reports revenue by product across 2 parts — Insurance, Other and Life Insurance Product Line. Each is extracted from the segment footnotes and tracked over time.
- Where does Reinsurance Group of America's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Reinsurance Group of America's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
