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+44.5% | $6.59B-3.0% | $5.59B-16.8% | $5.29B-14.6% | $5.28B-12.7% | |
| Life Insurance Product Line | $16.99B+7.7% | $16.77B+8.8% | $16.5B+9.9% | $16.27B+10.7% | $15.78B+9.0% | |
| Liability for Future Policy Benefit, Gross Premium Income by Product | ||||||
| Insurance, Other | $2.55B-2.9% | $2.35B-45.4% | $2.07B-54.3% | $2.48B-46.8% | $2.63B-38.7% | |
| Life Insurance Product Line | $12.78B+5.6% | $12.65B+6.6% | $12.49B+6.9% | $12.35B+6.7% | $12.1B+6.0% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Product | ||||||
| Insurance, Other | 126,100,000,000%+31,500,000,000pp | 116,700,000,000%+21,500,000,000pp | 108,900,000,000%+11,450,000,000pp | 100,100,000,000%-1,100,000,000pp | 94,600,000,000%-8,950,000,000pp | |
| Life Insurance Product Line | 104,500,000,000%+6,700,000,000pp | 101,800,000,000%+4,700,000,000pp | 86,400,000,000%+2,400,000,000pp | 84,100,000,000%-8,200,000,000pp | 97,800,000,000%+15,600,000,000pp | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Insurance, Other | $140.79B+24.0% | $133.5B+28.9% | $127.36B+39.4% | $121.87B+58.3% | $113.5B+73.0% | |
| Life Insurance Product Line | $80.16B+12.0% | $79.69B+14.5% | $76.89B+9.1% | $74.59B+10.7% | $71.59B+6.0% | |
| Policyholder Account Balance, Net Amount at Risk by Product | ||||||
| Insurance, Other | $403.88B+1,429% | $279.21B+934% | $153.32B+457% | $25.89B+11.0% | $26.41B+39.8% | |
| Life Insurance Product Line | $103.15B+8.2% | $101.62B+45.0% | $110.97B+203% | $120.45B+4,511% | $95.38B+3,463% | |
| Policyholder Account Balance After Reinsurance by Product | ||||||
| Insurance, Other | $113.03B+57.6% | $98.92B+39.4% | $85.46B+19.0% | $73.27B-1.4% | $71.71B-6.9% | |
| Life Insurance Product Line | $13.14B+14.6% | $13.2B+35.1% | $13.15B+62.3% | $13.17B+105% | $11.47B+77.3% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $690.5B+29.9% | $651.92B+31.1% | $615.61B+33.1% | $569.61B+36.6% | $531.5B+43.1% | |
| Life Insurance Product Line | $1.6T+9.5% | $1.55T+7.7% | $1.51T+5.5% | $1.49T+5.4% | $1.46T+4.0% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Insurance, Other | -$20.55B-13.3% | -$16.82B+18.9% | -$15.73B+19.8% | -$15.46B+16.1% | -$18.15B-34.1% | |
| Life Insurance Product Line | -$11.04B+14.5% | -$12.63B-14.9% | -$12.9B-22.3% | -$13.15B-23.5% | -$12.92B-22.9% | |
| 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%+7,636,900,000,000pp | 36,158,900,000,000%+7,678,100,000,000pp | 34,482,500,000,000%+7,623,700,000,000pp | 32,353,200,000,000%+7,833,500,000,000pp | 30,169,200,000,000%+7,440,600,000,000pp | |
| Life Insurance Product Line | 68,374,600,000,000%+4,203,400,000,000pp | 67,245,100,000,000%+3,614,500,000,000pp | 66,022,900,000,000%+2,399,400,000,000pp | 65,347,000,000,000%+2,650,500,000,000pp | 64,171,200,000,000%+1,901,700,000,000pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance by Product | ||||||
| Insurance, Other | $984.59B+33.4% | $925.4B+38.8% | $870.1B+45.9% | $806.01B+56.2% | $738B+65.0% | |
| Life Insurance Product Line | $1.62T+8.7% | $1.58T+7.7% | $1.55T+5.7% | $1.52T+5.4% | $1.49T+3.8% | |
| Net Liability For Future Policy Benefits At Original Discount Rate by Product | ||||||
| Insurance, Other | $164.1B+32.3% | $152.4B+11.2% | $142.8B+11.8% | $134.5B-2.8% | $124B-29.8% | |
| Life Insurance Product Line | $103.5B+13.4% | $102.1B+15.6% | $98.8B+13.0% | $95.1B+10.5% | $91.3B+7.5% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Insurance, Other | -$9.7B-32.9% | -$9B-33.3% | -$8.37B-34.9% | -$7.86B-38.7% | -$7.3B-39.0% | |
| Life Insurance Product Line | -$11.02B-4.8% | -$10.88B-4.0% | -$10.94B-6.0% | -$10.64B-4.7% | -$10.51B-7.8% | |
| Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance by Product | ||||||
| Insurance, Other | $348.48B+24.7% | $334.34B+24.8% | $317.68B+24.1% | $298.24B+27.8% | $279.36B+31.4% | |
| Life Insurance Product Line | $689.74B+7.1% | $679.24B+6.4% | $663.96B+3.6% | $658.13B+6.4% | $643.99B+4.1% | |
| Other operating expenses by Product | ||||||
| Insurance, Other | $914M+32.7% | $832M+24.9% | $748M+21.8% | $715M+31.3% | $689M+40.4% | |
| Life Insurance Product Line | $1.96B+0.8% | $1.94B+0.8% | $1.95B+5.8% | $1.97B+10.3% | $1.94B+9.6% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 33,095,100,000,000%+6,863,400,000,000pp | 31,861,700,000,000%+7,076,000,000,000pp | 30,310,500,000,000%+7,065,500,000,000pp | 28,400,100,000,000%+7,621,700,000,000pp | 26,231,700,000,000%+7,358,100,000,000pp | |
| Life Insurance Product Line | 56,925,500,000,000%+3,507,700,000,000pp | 56,118,900,000,000%+3,085,300,000,000pp | 54,902,700,000,000%+1,547,400,000,000pp | 54,525,800,000,000%+2,996,400,000,000pp | 53,417,800,000,000%+1,848,600,000,000pp | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Insurance, Other | -$998M-59.7% | -$952M-17.5% | -$791M+14.0% | -$644M+31.6% | -$625M+32.4% | |
| Life Insurance Product Line | -$192M-65.5% | -$109M+12.1% | -$125M-15.7% | -$145M-39.4% | -$116M-20.8% | |
| AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax by Product | ||||||
| Insurance, Other | $58.76B+20.4% | $62.9B+22.8% | $46.46B+37.9% | $48.65B+50.1% | $48.81B+56.1% | |
| Life Insurance Product Line | $85.01B+6.5% | $88.23B+8.5% | $76.12B-4.3% | $79.11B+12.1% | $79.79B+6.1% | |
| Policyholder Account Balance Reinsurance Recoverable by Product | ||||||
| Insurance, Other | $10.53B-6.8% | $10.71B-7.1% | $10.89B-7.7% | $11.08B+6.0% | $11.3B+24.7% | |
| 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+3.6% | $24.55B-34.8% | $33.5B+8.2% | $28.06B-8.5% | $30.98B+35.3% | |
| Life Insurance Product Line | $15.2B+5.4% | $15.91B+38.1% | $16.25B+47.2% | $15.15B+53.8% | $14.41B+50.6% | |
| Liability for Future Policy Benefit, Expected Net Premium, Issuance by Product | ||||||
| Insurance, Other | $32.05B+3.0% | $24.5B-34.7% | $33.44B+8.6% | $28.17B-7.3% | $31.1B+37.5% | |
| Life Insurance Product Line | $15.2B+5.5% | $15.91B+38.3% | $15.53B+40.8% | $15.14B+53.8% | $14.4B+50.5% | |
| Liability for Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $1.45B+41.9% | $1.34B+54.3% | $1.23B+68.1% | $1.13B+88.5% | $1.03B+116% | |
| Life Insurance Product Line | $1.17B+12.9% | $1.15B+14.7% | $1.13B+13.4% | $1.08B+9.1% | $1.04B+6.1% | |
| Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance by Product | ||||||
| Insurance, Other | -$3.19B+34.0% | -$7.55B-73.8% | -$5.85B-50.6% | -$5.34B-102% | -$4.83B-170% | |
| Life Insurance Product Line | -$2.34B-2.6% | -$2.34B+49.4% | -$2.34B+49.9% | -$2.27B+51.0% | -$2.29B+46.8% | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Insurance, Other | -$661M-231% | -$479M-115% | -$285M-28.4% | -$156M-3.3% | -$200M-111% | |
| Life Insurance Product Line | -$337M-26.2% | -$340M-78.0% | -$342M-208% | -$346M-1,016% | -$267M-761% | |
| Interest credited by Product | ||||||
| Insurance, Other | $2.5B+68.2% | $2.3B+56.2% | $1.76B+114% | $1.53B+95.7% | $1.48B+95.3% | |
| Life Insurance Product Line | $341M+71.4% | $348M+84.1% | $233M+110% | $217M+168% | $199M+152% | |
| Claims and other policy benefits by Product | ||||||
| Insurance, Other | $4.03B+42.6% | $3.37B-22.8% | $2.72B-37.7% | $2.71B-31.6% | $2.82B-27.3% | |
| Life Insurance Product Line | $17.14B-0.5% | $17B+0.7% | $17.87B+42.9% | $17.65B+37.7% | $17.23B+30.3% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change by Product | ||||||
| Insurance, Other | 48,088,400,000,000%+10,026,400,000,000pp | 45,963,800,000,000%+10,389,400,000,000pp | 43,629,500,000,000%+10,863,300,000,000pp | 41,117,400,000,000%+12,374,800,000,000pp | 38,062,000,000,000%+12,448,400,000,000pp | |
| Life Insurance Product Line | 65,404,600,000,000%+4,368,700,000,000pp | 64,551,900,000,000%+4,095,400,000,000pp | 63,056,600,000,000%+2,186,800,000,000pp | 62,442,200,000,000%+3,711,400,000,000pp | 61,035,900,000,000%+2,282,900,000,000pp | |
| Future policy benefits by Product | ||||||
| Insurance, Other | $149.95B+26.7% | $141.04B+30.7% | $133.2B+39.9% | $127.21B+59.7% | $118.33B+75.6% | |
| Life Insurance Product Line | $84.79B+11.3% | $84.33B+13.6% | $81.54B+8.5% | $79.16B+9.9% | $76.18B+6.0% | |
| Policyholder Account Balance, Issuance by Product | ||||||
| Insurance, Other | $16.48B+405% | $15.66B+600% | $14.07B+506% | $3.65B+105% | $3.26B+107% | |
| Life Insurance Product Line | $412M-79.2% | $424M-77.5% | $434M-75.6% | $2.1B+10,420% | $1.99B+9,352% | |
| Policyholder Account Balance by Product | ||||||
| Insurance, Other | $123.56B+48.9% | $109.62B+32.9% | $96.35B+15.3% | $84.35B-0.5% | $83.01B-3.6% | |
| Life Insurance Product Line | $13.14B+14.6% | $13.2B+35.1% | $13.15B+62.3% | $13.17B+105% | $11.47B+77.3% | |
| Policy acquisition costs and other insurance expenses by Product | ||||||
| Insurance, Other | $129M+35.8% | $117M+20.6% | $106M+3.9% | $94M-12.1% | $95M+6.7% | |
| Life Insurance Product Line | $366M+17.3% | $360M+23.3% | $354M+25.1% | $335M+21.8% | $312M+15.6% | |
| Liability for Future Policy Benefit, Expected Net Premium, Interest Income by Product | ||||||
| Insurance, Other | $3.37B+42.4% | $3.11B+44.4% | $2.88B+50.6% | $2.63B+59.5% | $2.37B+64.6% | |
| Life Insurance Product Line | $6.34B+6.5% | $6.22B+5.3% | $6.14B+3.5% | $6.05B+2.1% | $5.96B+0.8% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Discounted Before Reinsurance by Product | ||||||
| Insurance, Other | $480.88B+26.3% | $459.64B+29.2% | $436.3B+33.2% | $411.17B+43.1% | $380.62B+48.6% | |
| Life Insurance Product Line | $654.05B+7.2% | $645.52B+6.8% | $630.57B+3.6% | $624.42B+6.3% | $610.36B+3.9% | |
| 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%+11,663,400,000,000pp | 51,826,600,000,000%+11,700,100,000,000pp | 49,169,600,000,000%+12,041,600,000,000pp | 46,224,500,000,000%+12,974,700,000,000pp | 42,987,600,000,000%+12,786,800,000,000pp | |
| Life Insurance Product Line | 78,740,600,000,000%+5,449,200,000,000pp | 77,461,400,000,000%+5,005,800,000,000pp | 75,899,900,000,000%+3,549,800,000,000pp | 74,844,700,000,000%+3,552,900,000,000pp | 73,291,400,000,000%+2,561,000,000,000pp | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Insurance, Other | $85.96B+18.0% | $92.96B+21.3% | $66.72B+47.4% | $71.05B+62.1% | $72.87B+69.4% | |
| Life Insurance Product Line | $96.79B+5.8% | $101.05B+7.4% | $85.61B-6.3% | $90.02B+11.7% | $91.49B+5.9% | |
| Policyholder Account Balance Foreign Currency Translation by Product | ||||||
| Insurance, Other | $70M— | $44M— | $94M— | —— | —— | |
| Life Insurance Product Line | $0— | $0— | $0— | $0— | $0— | |
| Policyholder Account Balance, Weighted Average Crediting Rate by Product | ||||||
| Insurance, Other | 31.4%+2.6pp | 30.9%+3.3pp | 30.4%+3.8pp | 29.9%+4.2pp | 28.8%+3.5pp | |
| Life Insurance Product Line | 12.5%-1.2pp | 12.5%-2.5pp | 12.4%-3.9pp | 12.4%-5.2pp | 13.7%-3.5pp | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense by Product | ||||||
| Insurance, Other | $4.83B+42.2% | $4.44B+47.2% | $4.1B+55.4% | $3.76B+67.2% | $3.39B+77.3% | |
| Life Insurance Product Line | $7.51B+7.4% | $7.38B+6.7% | $7.26B+5.0% | $7.14B+3.1% | $6.99B+1.6% | |
| 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+9.4% | $2.23B+30.7% | $2.81B+201% | $3.14B+315% | $2.06B+235% | |
| Life Insurance Product Line | $625.54B+239% | $73.54B+119% | $186.74B+360% | $185.99B+359% | $184.44B+359% | |
| Future Policy Benefits Actual To Expected Increase Decrease by Product | ||||||
| Insurance, Other | -$49M+99.0% | -$55M+98.9% | -$1.04B+98.0% | -$1.01B+98.5% | -$5B+93.4% | |
| Life Insurance Product Line | -$117.96B-176% | -$49.97B-138% | $155.03B+134% | $155.25B+135% | $155.34B+135% | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Insurance, Other | -$2.15B+17.8% | -$2.04B+30.9% | -$1.85B+39.9% | -$2.25B+17.8% | -$2.62B-6.1% | |
| Life Insurance Product Line | -$104M-117% | -$102M-308% | -$90M-500% | -$73M-564% | -$48M-300% | |
| Policyholder Account Balance, Cash Surrender Value by Product | ||||||
| Insurance, Other | $120.88B+49.6% | $107.11B+33.3% | $93.93B+15.7% | $82.08B-0.6% | $80.82B-4.1% | |
| Life Insurance Product Line | $13.11B+14.6% | $13.15B+35.0% | $13.11B+62.2% | $13.13B+106% | $11.44B+77.9% | |
| Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate by Product | ||||||
| Insurance, Other | 56.2%+5.2pp | 54.6%+6.0pp | 53.6%+7.8pp | 52.7%+9.2pp | 51%+9.2pp | |
| Life Insurance Product Line | 58.4%+1.4pp | 58.2%+1.6pp | 57.8%+0.9pp | 57.3%-0.1pp | 57%-0.6pp | |
| Liability for Future Policy Benefit, Current Weighted-Average Discount Rate by Product | ||||||
| Insurance, Other | 80%+7.2pp | 77.4%+6.1pp | 76%+6.9pp | 73.9%+3.1pp | 72.8%+2.9pp | |
| Life Insurance Product Line | 84.1%+1.4pp | 83%+0.7pp | 82.9%+1.9pp | 82.3%-0.9pp | 82.7%+0.6pp | |
| 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.
