REINSURANCE GROUP OF AMERICA INCRGAEarnings & Financial Report
Reinsurance Group of America, Incorporated is a holding company for a global life and health reinsurance entity based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.
Revenue
$4.9B
Gross Profit
N/A
Operating Profit
$269.0M
Net Profit
$203.0M
Gross Margin
N/A
Operating Margin
5.5%
Net Margin
4.2%
YoY Growth
17.4%
EPS
$3.03
REINSURANCE GROUP OF AMERICA INC Q2 FY2024 Financial Summary
REINSURANCE GROUP OF AMERICA INC reported revenue of $4.9B (up 17.4% YoY) for Q2 FY2024, with a net profit of $203.0M (down 1.0% YoY) (4.2% margin).
Key Financial Metrics
| Total Revenue | $4.9B |
|---|---|
| Net Profit | $203.0M |
| Gross Margin | N/A |
| Operating Margin | 5.5% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
REINSURANCE GROUP OF AMERICA INC Q2 FY2024 revenue of $4.9B breaks down across 8 segments, led by Life Insurance Segment at $2.0B (41.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Life Insurance Segment | $2.0B | 41.9% |
| Other | $2.0B | 41.2% |
| Nontraditional Long Duration Contracts | $664.0M | 13.6% |
| Funds Withheld At Interest | $76.0M | 1.6% |
| Short Term Investments | $44.0M | 0.9% |
| Partnership Interest | $21.0M | 0.4% |
| Policy Loans | $14.0M | 0.3% |
| Other Aggregated Investments | $3.0M | 0.1% |
REINSURANCE GROUP OF AMERICA INC Annual Revenue by Year
REINSURANCE GROUP OF AMERICA INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $23.7B |
| 2024 | $22.1B |
| 2023 | $18.6B |
| 2022 | $16.2B |
REINSURANCE GROUP OF AMERICA INC Quarterly Revenue & Net Profit History
REINSURANCE GROUP OF AMERICA INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $6.6B | +26.6% | $463.0M | 7.0% |
| Q3 FY2025 | $6.2B | +9.8% | $253.0M | 4.1% |
| Q2 FY2025 | $5.6B | +14.8% | $180.0M | 3.2% |
| Q1 FY2025 | $5.3B | -17.0% | $286.0M | 5.4% |
| Q4 FY2024 | $5.2B | +4.7% | $148.0M | 2.8% |
| Q3 FY2024 | $5.7B | +9.7% | $156.0M | 2.8% |
| Q2 FY2024 | $4.9B | +17.4% | $203.0M | 4.2% |
| Q1 FY2024 | $6.3B | +49.1% | $210.0M | 3.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.34B | $4.88B | $5.65B | $5.24B | $5.26B | $5.60B | $6.20B | $6.63B |
| YoY Growth | 49.1% | 17.4% | 9.7% | 4.7% | -17.0% | 14.8% | 9.8% | 26.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $106.00B | $109.89B | $120.26B | $118.67B | $128.21B | $133.48B | $152.00B | $156.59B |
| Liabilities | $96.44B | $100.06B | $109.04B | $107.77B | $116.72B | $121.34B | $138.94B | $143.04B |
| Equity | $9.47B | $9.73B | $11.13B | $10.82B | $11.40B | $12.05B | $12.98B | $13.46B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-5.74B | $-967.0M | $-1.07B | $17.14B | $-1.43B | $-820.0M | $-990.0M | $7.33B |