Reinsurance Group of America RGA Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Insurance, Other | $7.63B+15.8% | $6.59B+17.9% | $5.59B+5.7% | $5.29B+0.2% | $5.28B-22.3% | |
| Life Insurance Product Line | $16.99B+1.3% | $16.77B+1.6% | $16.5B+1.4% | $16.27B+3.1% | $15.78B+2.4% | |
| Liability for Future Policy Benefit, Gross Premium Income by Product | ||||||
| Insurance, Other | $2.55B+8.8% | $2.35B+13.2% | $2.07B-16.3% | $2.48B-5.8% | $2.63B-38.8% | |
| Life Insurance Product Line | $12.78B+1.0% | $12.65B+1.3% | $12.49B+1.1% | $12.35B+2.0% | $12.1B+2.0% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Product | ||||||
| Insurance, Other | 126,100,000,000%+9,400,000,000pp | 116,700,000,000%+7,800,000,000pp | 108,900,000,000%+8,800,000,000pp | 100,100,000,000%+5,500,000,000pp | 94,600,000,000%-600,000,000pp | |
| Life Insurance Product Line | 104,500,000,000%+2,700,000,000pp | 101,800,000,000%+15,400,000,000pp | 86,400,000,000%+2,300,000,000pp | 84,100,000,000%-13,700,000,000pp | 97,800,000,000%+700,000,000pp | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Insurance, Other | $140.79B+5.5% | $133.5B+4.8% | $127.36B+4.5% | $121.87B+7.4% | $113.5B+9.6% | |
| Life Insurance Product Line | $80.16B+0.6% | $79.69B+3.6% | $76.89B+3.1% | $74.59B+4.2% | $71.59B+2.8% | |
| Policyholder Account Balance, Net Amount at Risk by Product | ||||||
| Insurance, Other | $403.88B+44.6% | $279.21B+82.1% | $153.32B+492% | $25.89B-2.0% | $26.41B-2.1% | |
| Life Insurance Product Line | $103.15B+1.5% | $101.62B-8.4% | $110.97B-7.9% | $120.45B+26.3% | $95.38B+36.1% | |
| Policyholder Account Balance After Reinsurance by Product | ||||||
| Insurance, Other | $113.03B+14.3% | $98.92B+15.7% | $85.46B+16.6% | $73.27B+2.2% | $71.71B+1.1% | |
| Life Insurance Product Line | $13.14B-0.4% | $13.2B+0.3% | $13.15B-0.1% | $13.17B+14.9% | $11.47B+17.4% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $690.5B+5.9% | $651.92B+5.9% | $615.61B+8.1% | $569.61B+7.2% | $531.5B+6.9% | |
| Life Insurance Product Line | $1.6T+2.8% | $1.55T+2.7% | $1.51T+1.7% | $1.49T+2.0% | $1.46T+1.1% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Insurance, Other | -$20.55B-22.2% | -$16.82B-6.9% | -$15.73B-1.8% | -$15.46B+14.8% | -$18.15B+12.5% | |
| Life Insurance Product Line | -$11.04B+12.6% | -$12.63B+2.1% | -$12.9B+1.9% | -$13.15B-1.8% | -$12.92B-17.5% | |
| Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change by Product | ||||||
| Insurance, Other | 37,806,100,000,000%+1,647,200,000,000pp | 36,158,900,000,000%+1,676,400,000,000pp | 34,482,500,000,000%+2,129,300,000,000pp | 32,353,200,000,000%+2,184,000,000,000pp | 30,169,200,000,000%+1,688,400,000,000pp | |
| Life Insurance Product Line | 68,374,600,000,000%+1,129,500,000,000pp | 67,245,100,000,000%+1,222,200,000,000pp | 66,022,900,000,000%+675,900,000,000pp | 65,347,000,000,000%+1,175,800,000,000pp | 64,171,200,000,000%+540,600,000,000pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $984.59B+6.4% | $925.4B+6.4% | $870.1B+8.0% | $806.01B+9.2% | $738B+10.7% | |
| Life Insurance Product Line | $1.62T+2.2% | $1.58T+2.4% | $1.55T+1.6% | $1.52T+2.2% | $1.49T+1.2% | |
| Net Liability For Future Policy Benefits At Original Discount Rate by Product | ||||||
| Insurance, Other | $164.1B+7.7% | $152.4B+6.7% | $142.8B+6.2% | $134.5B+8.5% | $124B-9.6% | |
| Life Insurance Product Line | $103.5B+1.4% | $102.1B+3.3% | $98.8B+3.9% | $95.1B+4.2% | $91.3B+3.4% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Insurance, Other | -$9.7B-7.8% | -$9B-7.6% | -$8.37B-6.5% | -$7.86B-7.6% | -$7.3B-8.1% | |
| Life Insurance Product Line | -$11.02B-1.3% | -$10.88B+0.6% | -$10.94B-2.9% | -$10.64B-1.2% | -$10.51B-0.5% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance by Product | ||||||
| Insurance, Other | $348.48B+4.2% | $334.34B+5.2% | $317.68B+6.5% | $298.24B+6.8% | $279.36B+4.3% | |
| Life Insurance Product Line | $689.74B+1.5% | $679.24B+2.3% | $663.96B+0.9% | $658.13B+2.2% | $643.99B+0.9% | |
| Other operating expenses by Product | ||||||
| Insurance, Other | $914M+9.9% | $832M+11.2% | $748M+4.6% | $715M+3.8% | $689M+3.5% | |
| Life Insurance Product Line | $1.96B+0.9% | $1.94B-0.5% | $1.95B-1.0% | $1.97B+1.4% | $1.94B+0.8% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 33,095,100,000,000%+1,233,400,000,000pp | 31,861,700,000,000%+1,551,200,000,000pp | 30,310,500,000,000%+1,910,400,000,000pp | 28,400,100,000,000%+2,168,400,000,000pp | 26,231,700,000,000%+1,446,000,000,000pp | |
| Life Insurance Product Line | 56,925,500,000,000%+806,600,000,000pp | 56,118,900,000,000%+1,216,200,000,000pp | 54,902,700,000,000%+376,900,000,000pp | 54,525,800,000,000%+1,108,000,000,000pp | 53,417,800,000,000%+384,200,000,000pp | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Insurance, Other | -$998M-4.8% | -$952M-20.4% | -$791M-22.8% | -$644M-3.0% | -$625M+22.8% | |
| Life Insurance Product Line | -$192M-76.1% | -$109M+12.8% | -$125M+13.8% | -$145M-25.0% | -$116M+6.5% | |
| AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax by Product | ||||||
| Insurance, Other | $58.76B-6.6% | $62.9B+35.4% | $46.46B-4.5% | $48.65B-0.3% | $48.81B-4.7% | |
| Life Insurance Product Line | $85.01B-3.7% | $88.23B+15.9% | $76.12B-3.8% | $79.11B-0.8% | $79.79B-1.9% | |
| Policyholder Account Balance Reinsurance Recoverable by Product | ||||||
| Insurance, Other | $10.53B-1.6% | $10.71B-1.7% | $10.89B-1.7% | $11.08B-2.0% | $11.3B-2.0% | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance by Product | ||||||
| Insurance, Other | $32.11B+30.8% | $24.55B-26.7% | $33.5B+19.4% | $28.06B-9.4% | $30.98B-17.8% | |
| Life Insurance Product Line | $15.2B-4.5% | $15.91B-2.1% | $16.25B+7.3% | $15.15B+5.1% | $14.41B+25.2% | |
| Liability for Future Policy Benefit, Expected Net Premium, Issuance by Product | ||||||
| Insurance, Other | $32.05B+30.8% | $24.5B-26.7% | $33.44B+18.7% | $28.17B-9.4% | $31.1B-17.1% | |
| Life Insurance Product Line | $15.2B-4.5% | $15.91B+2.4% | $15.53B+2.6% | $15.14B+5.1% | $14.4B+25.2% | |
| Liability for Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $1.45B+8.8% | $1.34B+8.9% | $1.23B+8.5% | $1.13B+10.3% | $1.03B+18.4% | |
| Life Insurance Product Line | $1.17B+1.5% | $1.15B+2.2% | $1.13B+4.3% | $1.08B+4.4% | $1.04B+3.1% | |
| Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance by Product | ||||||
| Insurance, Other | -$3.19B+57.7% | -$7.55B-29.1% | -$5.85B-9.5% | -$5.34B-10.4% | -$4.83B-11.3% | |
| Life Insurance Product Line | -$2.34B-0.3% | -$2.34B+0.2% | -$2.34B-3.3% | -$2.27B+0.8% | -$2.29B+50.5% | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Insurance, Other | -$661M-38.0% | -$479M-68.1% | -$285M-82.7% | -$156M+22.0% | -$200M+10.3% | |
| Life Insurance Product Line | -$337M+0.9% | -$340M+0.6% | -$342M+1.2% | -$346M-29.6% | -$267M-39.8% | |
| Interest credited by Product | ||||||
| Insurance, Other | $2.5B+8.7% | $2.3B+30.7% | $1.76B+14.8% | $1.53B+3.1% | $1.48B+0.9% | |
| Life Insurance Product Line | $341M-2.0% | $348M+49.4% | $233M+7.4% | $217M+9.0% | $199M+5.3% | |
| Claims and other policy benefits by Product | ||||||
| Insurance, Other | $4.03B+19.5% | $3.37B+23.9% | $2.72B+0.3% | $2.71B-4.0% | $2.82B-35.3% | |
| Life Insurance Product Line | $17.14B+0.8% | $17B-4.9% | $17.87B+1.2% | $17.65B+2.5% | $17.23B+2.1% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 48,088,400,000,000%+2,124,600,000,000pp | 45,963,800,000,000%+2,334,300,000,000pp | 43,629,500,000,000%+2,512,100,000,000pp | 41,117,400,000,000%+3,055,400,000,000pp | 38,062,000,000,000%+2,487,600,000,000pp | |
| Life Insurance Product Line | 65,404,600,000,000%+852,700,000,000pp | 64,551,900,000,000%+1,495,300,000,000pp | 63,056,600,000,000%+614,400,000,000pp | 62,442,200,000,000%+1,406,300,000,000pp | 61,035,900,000,000%+579,400,000,000pp | |
| Future policy benefits by Product | ||||||
| Insurance, Other | $149.95B+6.3% | $141.04B+5.9% | $133.2B+4.7% | $127.21B+7.5% | $118.33B+9.7% | |
| Life Insurance Product Line | $84.79B+0.5% | $84.33B+3.4% | $81.54B+3.0% | $79.16B+3.9% | $76.18B+2.6% | |
| Policyholder Account Balance, Issuance by Product | ||||||
| Insurance, Other | $16.48B+5.2% | $15.66B+11.3% | $14.07B+285% | $3.65B+11.9% | $3.26B+45.9% | |
| Life Insurance Product Line | $412M-2.8% | $424M-2.3% | $434M-79.4% | $2.1B+6.0% | $1.99B+5.4% | |
| Policyholder Account Balance by Product | ||||||
| Insurance, Other | $123.56B+12.7% | $109.62B+13.8% | $96.35B+14.2% | $84.35B+1.6% | $83.01B+0.6% | |
| Life Insurance Product Line | $13.14B-0.4% | $13.2B+0.3% | $13.15B-0.1% | $13.17B+14.9% | $11.47B+17.4% | |
| Policy acquisition costs and other insurance expenses by Product | ||||||
| Insurance, Other | $129M+10.3% | $117M+10.4% | $106M+12.8% | $94M-1.1% | $95M-2.1% | |
| Life Insurance Product Line | $366M+1.7% | $360M+1.7% | $354M+5.7% | $335M+7.4% | $312M+6.8% | |
| Liability for Future Policy Benefit, Expected Net Premium, Interest Income by Product | ||||||
| Insurance, Other | $3.37B+8.5% | $3.11B+8.1% | $2.88B+9.4% | $2.63B+11.0% | $2.37B+10.0% | |
| Life Insurance Product Line | $6.34B+1.9% | $6.22B+1.4% | $6.14B+1.4% | $6.05B+1.6% | $5.96B+0.9% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Discounted Before Reinsurance by Product | ||||||
| Insurance, Other | $480.88B+4.6% | $459.64B+5.4% | $436.3B+6.1% | $411.17B+8.0% | $380.62B+7.0% | |
| Life Insurance Product Line | $654.05B+1.3% | $645.52B+2.4% | $630.57B+1.0% | $624.42B+2.3% | $610.36B+1.0% | |
| Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change by Product | ||||||
| Insurance, Other | 54,651,000,000,000%+2,824,400,000,000pp | 51,826,600,000,000%+2,657,000,000,000pp | 49,169,600,000,000%+2,945,100,000,000pp | 46,224,500,000,000%+3,236,900,000,000pp | 42,987,600,000,000%+2,861,100,000,000pp | |
| Life Insurance Product Line | 78,740,600,000,000%+1,279,200,000,000pp | 77,461,400,000,000%+1,561,500,000,000pp | 75,899,900,000,000%+1,055,200,000,000pp | 74,844,700,000,000%+1,553,300,000,000pp | 73,291,400,000,000%+835,800,000,000pp | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Insurance, Other | $85.96B-7.5% | $92.96B+39.3% | $66.72B-6.1% | $71.05B-2.5% | $72.87B-4.9% | |
| Life Insurance Product Line | $96.79B-4.2% | $101.05B+18.0% | $85.61B-4.9% | $90.02B-1.6% | $91.49B-2.7% | |
| Policyholder Account Balance Foreign Currency Translation by Product | ||||||
| Insurance, Other | $70M+59.1% | $44M-53.2% | $94M— | —— | —— | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Policyholder Account Balance, Weighted Average Crediting Rate by Product | ||||||
| Insurance, Other | 31.4%+0.5pp | 30.9%+0.5pp | 30.4%+0.5pp | 29.9%+1.1pp | 28.8%+1.2pp | |
| Life Insurance Product Line | 12.5%0.0pp | 12.5%+0.1pp | 12.4%0.0pp | 12.4%-1.3pp | 13.7%-1.3pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $4.83B+8.6% | $4.44B+8.3% | $4.1B+9.2% | $3.76B+10.8% | $3.39B+12.4% | |
| Life Insurance Product Line | $7.51B+1.9% | $7.38B+1.5% | $7.26B+1.8% | $7.14B+2.0% | $6.99B+1.2% | |
| 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 | $2.25B+0.9% | $2.23B-20.7% | $2.81B-10.3% | $3.14B+52.3% | $2.06B+20.6% | |
| Life Insurance Product Line | $625.54B+751% | $73.54B-60.6% | $186.74B+0.4% | $185.99B+0.8% | $184.44B+149% | |
| Future Policy Benefits Actual To Expected Increase Decrease by Product | ||||||
| Insurance, Other | -$49M+10.9% | -$55M+94.7% | -$1.04B-2.3% | -$1.01B+79.8% | -$5B-0.1% | |
| Life Insurance Product Line | -$117.96B-136% | -$49.97B-132% | $155.03B-0.1% | $155.25B-0.1% | $155.34B+17.4% | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Insurance, Other | -$2.15B-5.2% | -$2.04B-10.6% | -$1.85B+17.8% | -$2.25B+14.1% | -$2.62B+11.5% | |
| Life Insurance Product Line | -$104M-2.0% | -$102M-13.3% | -$90M-23.3% | -$73M-52.1% | -$48M-92.0% | |
| Policyholder Account Balance, Cash Surrender Value by Product | ||||||
| Insurance, Other | $120.88B+12.9% | $107.11B+14.0% | $93.93B+14.4% | $82.08B+1.6% | $80.82B+0.6% | |
| Life Insurance Product Line | $13.11B-0.3% | $13.15B+0.3% | $13.11B-0.1% | $13.13B+14.8% | $11.44B+17.4% | |
| Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate by Product | ||||||
| Insurance, Other | 56.2%+1.6pp | 54.6%+1.0pp | 53.6%+0.9pp | 52.7%+1.7pp | 51%+2.4pp | |
| Life Insurance Product Line | 58.4%+0.2pp | 58.2%+0.4pp | 57.8%+0.5pp | 57.3%+0.3pp | 57%+0.4pp | |
| Liability for Future Policy Benefit, Current Weighted-Average Discount Rate by Product | ||||||
| Insurance, Other | 80%+2.6pp | 77.4%+1.4pp | 76%+2.1pp | 73.9%+1.1pp | 72.8%+1.5pp | |
| Life Insurance Product Line | 84.1%+1.1pp | 83%+0.1pp | 82.9%+0.6pp | 82.3%-0.4pp | 82.7%+0.4pp | |
| 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.
