Reinsurance Group of America, Incorporated

Reinsurance Group of America, Incorporated

RGA
Reinsurance Group of America, IncorporatedUS flagNew York Stock Exchange
196.51
USD
-1.86
- -
12.87BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
143.48
157.47
156.54
179.26
194.27
202.27
226.52
223.08
236.84
237.21
277.39
334.98
359.5
377.32
Basic EPS, GAAP
5.82
9.88
7.55
10.91
28.28
11.25
13.88
6.35
17.25
7.72
13.6
10.89
17.94
18.6
Free Cash Flow per Basic Share
24.02
32.46
31.03
22.11
30.08
24.38
36.26
50.38
61.39
19.69
60.98
142.37
62.1
83.98
Dividend per Share
1.08
1.26
1.4
1.56
1.82
2.2
2.6
2.78
2.86
3.06
3.3
3.48
3.64
3.67
Book Value per Share
50.9
61.24
69.43
80.9
104.57
114.46
126.87
124.65
126.29
122.04
132.79
140.63
154.1
157.43
Tangible Book Value per Share
81.17
100.16
90.97
109.25
147.56
131.33
183.81
218.52
191.2
106.73
138.03
165.58
205.61
203.06
Basic Weighted Avg Shares
72
69
67
64
64
64
63
65
68
67
66
66
66
66
Sales/Revenue/Turnover
10,318
10,904
10,418
11,522
12,516
12,876
14,199
14,584
16,061
15,880
18,396
22,047
23,683
24,869
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
15
31
27
53
45
49
49
43
38
41
46
43
- -
Net Income, GAAP
419
684
502
701
1,822
716
870
415
1,170
517
902
717
1,182
1,226
Effective Tax Rate (%)
34.07
32.17
32.58
32.81
- -
15.37
23.14
24.95
15.52
27.44
21.64
26.12
22.79
23.57
Profit Margin (%)
4.06
6.27
4.82
6.09
14.56
5.56
6.13
2.85
7.28
3.26
4.9
3.25
4.99
4.93
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
2,699
3,072
3,197
3,629
3,572
3,070
3,579
3,561
3,847
3,561
4,427
5,042
5,710
6,105
Total Equity
5,936
7,023
6,135
7,093
9,570
8,450
11,601
14,352
13,014
7,171
9,171
10,906
13,551
13,384
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.54
10.97
7.76
9.21
- -
7.83
8.84
4.51
10.33
5.21
8.58
6.75
9.61
9.51
Return on Common Equity (%)
11.93
17.32
11.33
14.28
30.53
10.21
11.42
5.15
14
6.18
10.63
7.94
12.18
12.37

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
5,734
5,710
6,105
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
65
66
Market Capitalization
12,703
13,436
13,456

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
17,573
18,242
18,731
Accounts Receivable, Net
5,758
7,175
6,743
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
5,277
6,805
9,676
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.67%
3.37%
24.25%
Free Cash Flow
31.69%
48.05%
-56.34%
Net Income, GAAP
35.29%
48.99%
64.85%
Sales/Revenue/Turnover
8.72%
10.42%
7.42%
Total Cash Common Dividend
10.03%
5.69%
4.8%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,367
4,874
5,609
5,196
22,047
2025
5,289
5,556
6,229
6,608
23,683
2026
6,476
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.19
3.08
2.37
2.25
10.89
2025
4.33
2.72
3.8
7.06
17.94
2026
5.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.85
0.9
0.88
3.48
2025
0.89
0.89
0.92
0.93
3.64
2026
0.93
- -
- -
- -
- -

Company Description

APIChat
CEO
Tony Cheng
Full Time Employees
4,100
Sector
Financial Services
Industry
Insurance - Reinsurance
Address
16600 Swingley Ridge Road Chesterfield MO United States of America 63017
IPO Date
Sep 12, 2008
Website
rgare.com
Business
Reinsurance Group of America, Incorporated (RGA) provides global reinsurance and related risk-settlement services to life and health insurance and annuity companies. The company offers individual and group life and health reinsurance products, including term life, credit life, universal life, variable universal life, accidental death, and mortality risk products; longevity reinsurance; asset-intensive products such as guaranteed investment contracts, funding agreements, and annuities; and financial reinsurance, facultative reinsurance, and retrocession services. RGA operates through U.S. and Latin America, Europe, Middle East and Africa, and Asia Pacific segments, serving clients in over 30 countries with primary operations in the United States, Canada, Europe, Asia, Australia, and Latin America; it was founded in 1973 and is headquartered in Chesterfield, Missouri. RGA's core services also encompass underwriting, claims management, policy administration, and technology solutions like RGA Client Portal and analytics tools for risk assessment and optimization. The company targets primary life insurers, annuity providers, and financial institutions, focusing on mortality, morbidity, longevity, and lapse risks across individual and group markets. In recent developments, RGA announced strategic expansions including new longevity reinsurance transactions and partnerships enhancing its asset-intensive product offerings; it also completed key acquisitions to bolster its presence in high-growth markets like Asia Pacific within the last year. No major name changes or reorganizations have occurred recently. These initiatives support RGA's ongoing diversification and technological investments amid evolving global insurance dynamics.

Company News

APIChat
  • 5 Life Insurance Stocks to Watch Amid Inflation, Low Interest Rate

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  • Press Release from The American Global Insurance and Reinsurance Group Announcing its Quota Share Reinsurance Partnership with Leading Lloyd's Syndicates

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