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Reinsurance Group of Am.

RGA$200.742026-05-29
C
Quality Score
73/100

Life Reinsurance. A spread-and-fee balance sheet: premiums and deposits invested against long-duration policyholder liabilities, plus fee income.

Data: statutory filings · derived · public filings (XBRL) · market data· latest filing 2026-05-08· price 2026-05-29independently sourced

Profile
Market Cap$13.2B
Enterprise Value$14.4B
Total Assets$164.1B
Total Equity$13.3B
Shares Out0.1B
Revenue (TTM)$24.9B
SectorLife Reinsurance
Margins (TTM)
Gross--
EBITDA--
Operating--
Net4.9%
FCF--
Financial Health
Total Cash$5.0B
Total Debt$6.1B
Net Debt$1.1B
Debt/Equity0.5x
ND/EBITDA--
Valuation (TTM)
P/E10.9x
P/B1.0x
EV/Sales0.6x
P/OCFn/m
P/FCFn/m
EV/EBITn/m

Deep Dive Summary

1

Read an insurer through its balance sheet and investment spread, not a retailer's margin lens: net investment income, reserve adequacy, and capital strength matter more than a single operating-margin number.

2

Regulatory solvency capital — the regulator's lens, normalized cross-regime — is on the **Capital & Ratings** tab.