Reinsurance Group of America RGA Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Insurance, Other | $2.25B+86.2% | $2.19B+84.2% | $1.93B+18.4% | $1.27B+0.9% | $1.21B-55.7% | |
| Life Insurance Product Line | $4.21B+5.4% | $4.41B+6.5% | $4.14B+5.8% | $4.22B+13.2% | $4B+10.2% | |
| Liability for Future Policy Benefit, Gross Premium Income by Product | ||||||
| Insurance, Other | $730M+39.6% | $803M+51.5% | $551M-42.3% | $468M-24.5% | $523M-76.1% | |
| Life Insurance Product Line | $3.17B+4.3% | $3.35B+5.0% | $3.09B+4.8% | $3.17B+8.4% | $3.04B+8.3% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Product | ||||||
| Insurance, Other | 32,100,000,000%+9,400,000,000pp | 32,300,000,000%+7,800,000,000pp | 31,800,000,000%+8,800,000,000pp | 29,900,000,000%+5,500,000,000pp | 22,700,000,000%-600,000,000pp | |
| Life Insurance Product Line | 35,500,000,000%+2,700,000,000pp | 41,100,000,000%+15,400,000,000pp | 12,500,000,000%+2,300,000,000pp | 15,400,000,000%-13,700,000,000pp | 32,800,000,000%+700,000,000pp | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Insurance, Other | $38.88B+23.1% | $33.33B+22.6% | $34.15B+19.1% | $34.42B+32.1% | $31.59B+45.8% | |
| Life Insurance Product Line | $19.76B+2.4% | $19.99B+16.3% | $20.81B+12.4% | $19.6B+18.1% | $19.29B+11.4% | |
| Policyholder Account Balance, Net Amount at Risk by Product | ||||||
| Insurance, Other | $131.09B+1,941% | $132.4B+1,934% | $134.06B+1,923% | $6.33B-7.7% | $6.42B-8.2% | |
| Life Insurance Product Line | $27.49B+5.9% | $24.79B-27.4% | $25.19B-27.3% | $25.69B+4,037% | $25.95B+3,856% | |
| Policyholder Account Balance After Reinsurance by Product | ||||||
| Insurance, Other | $32.83B+75.4% | $31.37B+75.1% | $29.68B+69.7% | $19.14B+8.9% | $18.72B+4.2% | |
| Life Insurance Product Line | $3.24B-1.7% | $3.32B+1.4% | $3.3B-0.5% | $3.29B+108% | $3.3B+107% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $182.07B+26.9% | $174.62B+26.3% | $171.16B+36.8% | $162.65B+30.6% | $143.49B+31.2% | |
| Life Insurance Product Line | $412.57B+11.6% | $404.42B+11.2% | $395.06B+6.9% | $383.78B+8.3% | $369.65B+4.3% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Insurance, Other | -$9.44B-65.3% | -$3.82B-40.1% | -$3.27B-9.1% | -$4.03B+40.0% | -$5.71B+31.3% | |
| Life Insurance Product Line | -$2.74B+36.7% | -$2.83B+8.7% | -$2.72B+8.3% | -$2.76B-9.0% | -$4.33B-80.0% | |
| 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%+1,647,200,000,000pp | 9,557,700,000,000%+1,676,400,000,000pp | 9,379,400,000,000%+2,129,300,000,000pp | 9,061,800,000,000%+2,184,000,000,000pp | 8,160,000,000,000%+1,688,400,000,000pp | |
| Life Insurance Product Line | 17,370,400,000,000%+1,129,500,000,000pp | 17,147,000,000,000%+1,222,200,000,000pp | 17,009,300,000,000%+675,900,000,000pp | 16,847,900,000,000%+1,175,800,000,000pp | 16,240,900,000,000%+540,600,000,000pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $266.36B+28.6% | $245.57B+29.1% | $240.53B+36.3% | $232.13B+41.4% | $207.17B+52.3% | |
| Life Insurance Product Line | $415B+9.0% | $408.55B+10.2% | $401.26B+6.6% | $393.71B+9.2% | $380.68B+5.0% | |
| Net Liability For Future Policy Benefits At Original Discount Rate by Product | ||||||
| Insurance, Other | $47.8B+32.4% | $36.5B+35.7% | $40.2B+26.0% | $39.6B+36.1% | $36.1B-26.6% | |
| Life Insurance Product Line | $26.1B+5.7% | $25.9B+14.6% | $26.2B+16.4% | $25.3B+17.7% | $24.7B+13.8% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Insurance, Other | -$2.69B-35.1% | -$2.54B-33.3% | -$2.3B-28.6% | -$2.17B-34.6% | -$1.99B-37.6% | |
| Life Insurance Product Line | -$2.66B-5.5% | -$2.72B+2.3% | -$2.76B-12.6% | -$2.89B-4.4% | -$2.52B-2.0% | |
| Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change by Product | ||||||
| Insurance, Other | -$1.75B-167% | $121M+102% | —— | $5.38B+3,244% | $2.63B+388% | |
| Life Insurance Product Line | -$1.28B-297% | —— | —— | $4.58B+813% | $647M+136% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance by Product | ||||||
| Insurance, Other | $88.37B+19.0% | $89.37B+22.9% | $86.29B+29.1% | $84.45B+28.8% | $74.23B+18.3% | |
| Life Insurance Product Line | $173.33B+6.5% | $174.05B+9.6% | $173.65B+3.5% | $168.71B+9.1% | $162.82B+3.7% | |
| Other operating expenses by Product | ||||||
| Insurance, Other | $253M+48.0% | $250M+50.6% | $217M+17.9% | $194M+15.5% | $171M+15.5% | |
| Life Insurance Product Line | $483M+3.6% | $513M-1.9% | $480M-3.8% | $484M+6.1% | $466M+3.6% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 8,300,500,000,000%+1,233,400,000,000pp | 8,521,900,000,000%+1,551,200,000,000pp | 8,231,300,000,000%+1,910,400,000,000pp | 8,041,400,000,000%+2,168,400,000,000pp | 7,067,100,000,000%+1,446,000,000,000pp | |
| Life Insurance Product Line | 14,277,000,000,000%+806,600,000,000pp | 14,360,800,000,000%+1,216,200,000,000pp | 14,332,700,000,000%+376,900,000,000pp | 13,955,000,000,000%+1,108,000,000,000pp | 13,470,400,000,000%+384,200,000,000pp | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Insurance, Other | -$244M-23.2% | -$294M-121% | -$280M-111% | -$180M-11.8% | -$198M+48.3% | |
| Life Insurance Product Line | -$101M-461% | -$17M+48.5% | -$20M+50.0% | -$54M-116% | -$18M+30.8% | |
| AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax by Product | ||||||
| Insurance, Other | -$15.07B-37.9% | $95.51B+20.8% | -$11.48B-23.6% | -$10.2B-1.6% | -$10.93B-28.5% | |
| Life Insurance Product Line | -$30.93B-11.7% | $171.63B+7.6% | -$26.77B-12.6% | -$28.93B-2.4% | -$27.71B-6.0% | |
| Policyholder Account Balance Reinsurance Recoverable by Product | ||||||
| Insurance, Other | $2.57B-6.3% | $2.62B-6.5% | $2.65B-6.7% | $2.69B-7.6% | $2.75B-7.7% | |
| 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+146% | $4.54B-66.3% | $7.79B+231% | $7.02B-29.4% | $5.19B-56.4% | |
| Life Insurance Product Line | $4.62B-13.4% | $2.13B-13.8% | $5.8B+23.4% | $2.65B+38.3% | $5.33B+119% | |
| Liability for Future Policy Benefit, Expected Net Premium, Issuance by Product | ||||||
| Insurance, Other | $12.74B+145% | $4.53B-66.4% | $7.78B+210% | $7B-29.5% | $5.19B-55.3% | |
| Life Insurance Product Line | $4.62B-13.4% | $2.83B+15.3% | $5.1B+8.5% | $2.65B+38.4% | $5.33B+119% | |
| Liability for Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $415M+39.7% | $366M+42.4% | $342M+39.0% | $331M+47.1% | $297M+115% | |
| Life Insurance Product Line | $296M+6.1% | $285M+9.6% | $298M+18.3% | $291M+18.8% | $279M+12.5% | |
| Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance by Product | ||||||
| Insurance, Other | $2.98B+318% | -$3.07B-124% | -$1.75B-40.9% | -$1.35B-59.5% | -$1.37B-56.0% | |
| Life Insurance Product Line | $1.15B-0.7% | -$1.16B+0.4% | -$1.18B-6.7% | -$1.14B+1.5% | $1.15B+198% | |
| Liability for Future Policy Benefit, Remeasurement Gain (Loss) by Product | ||||||
| Insurance, Other | $1M+113% | —— | -$36M-271% | -$6M-200% | -$8M-300% | |
| Life Insurance Product Line | -$8M+83.3% | —— | $121M-6.9% | $74M+184% | -$48M-71.4% | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Insurance, Other | -$207M-728% | -$219M-776% | -$213M-154% | -$22M+66.7% | -$25M+47.9% | |
| Life Insurance Product Line | -$81M+3.6% | -$86M+2.3% | -$84M+4.5% | -$86M-1,129% | -$84M-950% | |
| Interest credited by Product | ||||||
| Insurance, Other | $412M+93.4% | $1.42B+61.6% | $438M+108% | $230M+25.0% | $213M+6.5% | |
| Life Insurance Product Line | $22M-24.1% | $220M+110% | $62M+34.8% | $37M+94.7% | $29M+52.6% | |
| Claims and other policy benefits by Product | ||||||
| Insurance, Other | $1.26B+109% | $1.23B+113% | $991M+0.9% | $551M-16.9% | $603M-71.9% | |
| Life Insurance Product Line | $3.36B+4.3% | $6.95B-11.2% | $3.35B+6.9% | $3.47B+13.9% | $3.22B+12.5% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 12,486,900,000,000%+2,124,600,000,000pp | 12,162,500,000,000%+2,334,300,000,000pp | 11,820,500,000,000%+2,512,100,000,000pp | 11,618,500,000,000%+3,055,400,000,000pp | 10,362,300,000,000%+2,487,600,000,000pp | |
| Life Insurance Product Line | 16,367,600,000,000%+852,700,000,000pp | 16,476,000,000,000%+1,495,300,000,000pp | 16,531,500,000,000%+614,400,000,000pp | 16,029,500,000,000%+1,406,300,000,000pp | 15,514,900,000,000%+579,400,000,000pp | |
| Future policy benefits by Product | ||||||
| Insurance, Other | $41.86B+27.0% | $36.41B+27.4% | $35.9B+20.0% | $35.78B+33.0% | $32.96B+46.2% | |
| Life Insurance Product Line | $20.91B+2.3% | $21.15B+15.2% | $21.99B+12.1% | $20.75B+16.8% | $20.45B+10.6% | |
| Policyholder Account Balance, Issuance by Product | ||||||
| Insurance, Other | $2.08B+64.4% | $2.47B+182% | $11.14B+1,449% | $792M+96.0% | $1.27B+428% | |
| Life Insurance Product Line | $93M-11.4% | $94M-9.6% | $104M-94.1% | $121M+5,950% | $105M+3,400% | |
| Policyholder Account Balance by Product | ||||||
| Insurance, Other | $35.4B+64.9% | $33.99B+64.1% | $32.33B+59.0% | $21.83B+6.6% | $21.46B+2.5% | |
| Life Insurance Product Line | $3.24B-1.7% | $3.32B+1.4% | $3.3B-0.5% | $3.29B+108% | $3.3B+107% | |
| Policy acquisition costs and other insurance expenses by Product | ||||||
| Insurance, Other | $35M+52.2% | $31M+55.0% | $27M+80.0% | $36M-2.7% | $23M-8.0% | |
| Life Insurance Product Line | $93M+6.9% | $89M+7.2% | $92M+26.0% | $92M+33.3% | $87M+29.9% | |
| Liability for Future Policy Benefit, Expected Net Premium, Interest Income by Product | ||||||
| Insurance, Other | $940M+39.1% | $869M+36.4% | $804M+44.6% | $758M+52.2% | $676M+46.6% | |
| Life Insurance Product Line | $1.63B+7.9% | $1.58B+5.8% | $1.59B+5.5% | $1.55B+6.6% | $1.51B+3.5% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Discounted Before Reinsurance by Product | ||||||
| Insurance, Other | $124.87B+20.5% | $121.63B+23.8% | $118.21B+27.0% | $116.19B+35.7% | $103.62B+31.6% | |
| Life Insurance Product Line | $163.68B+5.5% | $164.76B+10.0% | $165.32B+3.9% | $160.3B+9.6% | $155.15B+3.9% | |
| 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%+2,824,400,000,000pp | 13,663,700,000,000%+2,657,000,000,000pp | 13,389,800,000,000%+2,945,100,000,000pp | 13,014,300,000,000%+3,236,900,000,000pp | 11,758,800,000,000%+2,861,100,000,000pp | |
| Life Insurance Product Line | 19,986,200,000,000%+1,279,200,000,000pp | 19,736,500,000,000%+1,561,500,000,000pp | 19,636,500,000,000%+1,055,200,000,000pp | 19,381,400,000,000%+1,553,300,000,000pp | 18,707,000,000,000%+835,800,000,000pp | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Insurance, Other | -$20.96B-50.1% | $136.57B+23.8% | -$15.69B-38.1% | -$13.96B-14.9% | -$13.97B-36.5% | |
| Life Insurance Product Line | -$36.19B-13.4% | $197.54B+8.5% | -$31.05B-16.5% | -$33.52B-4.6% | -$31.92B-8.7% | |
| Policyholder Account Balance Foreign Currency Translation by Product | ||||||
| Insurance, Other | $21M+520% | $5M-90.9% | $3M— | $41M— | -$5M-115% | |
| 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-166% | —— | —— | $6.71B+972% | $3.35B+337% | |
| Life Insurance Product Line | -$1.39B-294% | —— | —— | $4.97B+805% | $717M+136% | |
| Policyholder Account Balance, Weighted Average Crediting Rate by Product | ||||||
| Insurance, Other | 8.1%+0.5pp | 7.9%+0.5pp | 7.7%+0.5pp | 7.7%+1.1pp | 7.6%+1.2pp | |
| Life Insurance Product Line | 3.1%0.0pp | 3.2%+0.1pp | 3.1%0.0pp | 3.1%-1.3pp | 3.1%-1.3pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $1.36B+39.3% | $1.24B+38.1% | $1.15B+42.9% | $1.09B+50.6% | $973M+62.4% | |
| Life Insurance Product Line | $1.93B+7.7% | $1.87B+6.4% | $1.88B+7.3% | $1.84B+8.4% | $1.79B+4.8% | |
| 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+5.0% | $417M-58.2% | $268.5M-54.6% | $1.17B+1,210% | $380M+1,210% | |
| Life Insurance Product Line | $357B+283% | $268B-29.7% | $333M+179% | $209M+116% | -$195B+74.2% | |
| Future Policy Benefits Actual To Expected Increase Decrease by Product | ||||||
| Insurance, Other | $1M+120% | -$20M+98.0% | -$22M-2,300% | -$8M+99.8% | -$5M— | |
| Life Insurance Product Line | -$12B-121% | -$106B-207% | -$11M-105% | $45M-66.2% | $56B+69.7% | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Insurance, Other | -$598M-21.8% | -$650M-43.2% | -$455M+46.7% | -$447M+45.3% | -$491M+40.8% | |
| Life Insurance Product Line | -$27M-8.0% | -$26M-85.7% | -$24M-243% | -$27M-1,250% | -$25M-1,150% | |
| Policyholder Account Balance, Cash Surrender Value by Product | ||||||
| Insurance, Other | $34.63B+66.0% | $33.34B+65.4% | $31.73B+59.6% | $21.18B+6.4% | $20.86B+2.3% | |
| Life Insurance Product Line | $3.23B-1.4% | $3.31B+1.3% | $3.3B-0.5% | $3.27B+107% | $3.28B+106% | |
| Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate by Product | ||||||
| Insurance, Other | 15%+1.6pp | 14.1%+1.0pp | 13.6%+0.9pp | 13.5%+1.7pp | 13.4%+2.4pp | |
| Life Insurance Product Line | 14.7%+0.2pp | 14.7%+0.4pp | 14.6%+0.5pp | 14.4%+0.3pp | 14.5%+0.4pp | |
| Liability for Future Policy Benefit, Current Weighted-Average Discount Rate by Product | ||||||
| Insurance, Other | 21.4%+2.6pp | 20%+1.4pp | 19.5%+2.1pp | 19.1%+1.1pp | 18.8%+1.5pp | |
| Life Insurance Product Line | 21.9%+1.1pp | 20.9%+0.1pp | 20.6%+0.6pp | 20.7%-0.4pp | 20.8%+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.
