Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional and non-traditional life and health reinsurance. The Company has geographic-based or function-based segments, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. Its geographic-based operations are further segmented into traditional and non-traditional businesses.
Its subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd. and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance. Non-traditional reinsurance includes longevity reinsurance and asset-intensive reinsurance. Its operations offer traditional life and health reinsurance, reinsurance of asset-intensive products, and financial reinsurance.
Key People/Management at Reinsurance Group of America
Anna Manning
Alain Neemeh
Todd Larson
Gay Burns
Reinsurance Group of America Office Locations
Reinsurance Group of America Financials and Metrics
Reinsurance Group of America Financials
| USD | |
|---|---|
Revenue (Q3, 2017) | 3.1 b |
Net income (Q3, 2017) | 227.6 m |
Market capitalization (14-Jun-2018) | 9.3 b |
Closing share price (14-Jun-2018) | 143.5 |
Cash (31-Mar-2018) | 1.5 b |
EV | 10.5 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 10.3 b | 10.9 b | 10.4 b | 11.5 b |
Revenue growth, % | 6% | (4%) | 11% | |
Interest expense | 124.3 m | 96.7 m | 142.9 m | 137.6 m |
Pre tax profit | 635.3 m | 1 b | 744.8 m | 1 b |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.4 b | 2.7 b | 2.8 b | 2.7 b | 2.5 b | 2.6 b | 2.4 b | 2.5 b | 3 b | 2.9 b | 3 b | 3.1 b | 3.1 b |
Operating expense total | 2.2 b | 2.5 b | 2.5 b | 2.5 b | 2.3 b | 2.4 b | 2.3 b | 2.4 b | 2.7 b | 2.6 b | 2.8 b | 2.8 b | 2.8 b |
Interest expense | 30.8 m | 35.1 m | 35.2 m | 36.1 m | 35.6 m | 35.9 m | 35.6 m | 32.8 m | 20.3 m | 43.1 m | 42.4 m | 29.4 m | 36.8 m |
Pre tax profit | 201.7 m | 199.4 m | 300.5 m | 231.8 m | 184.1 m | 213.8 m | 140.1 m | 107.6 m | 353.2 m | 287.6 m | 207.8 m | 339.3 m | 340.2 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 923.6 m | 1.6 b | 1.5 b | 1.2 b |
Inventories | 44.8 b | |||
Total Assets | 39.7 b | 44.7 b | 50.4 b | 53.1 b |
Accounts Payable | 75.4 m |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.4 b | 1.1 b | 1.4 b | 1.1 b | 1.1 b | 1.3 b | 1.7 b | 1.5 b | 1 b | 1.4 b | 1.2 b | 1.1 b | 1.2 b | 1.5 b |
Inventories | 31.9 b | 33.1 b | 35.4 b | 35.5 b | 37.2 b | 39.6 b | 38.9 b | 43.5 b | 45.8 b | 46.4 b | 45.4 b | 49.4 b | 49.7 b | 51.5 b |
Total Assets | 39.5 b | 40.5 b | 43.2 b | 42.9 b | 44.7 b | 47.5 b | 47.6 b | 52.2 b | 53.9 b | 54.8 b | 53.8 b | 58.1 b | 58.7 b | 61 b |
Accounts Payable | 11.9 b | 11.9 b | 13.8 b | 13.5 b | 14.2 b | 16.8 b | 16.6 b | 19.8 b | 19.6 b | 19.6 b | 19.8 b | 20.7 b | 21.1 b | 22.6 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 418.8 m | 684 m | 502.2 m | 701.4 m |
Depreciation and Amortization | 26.9 m | |||
Cash From Operating Activities | 1.7 b | 2.3 b | 2.1 b | 1.5 b |
Cash From Investing Activities | (1.3 b) | (1.3 b) | (1.4 b) | (2.8 b) |
| USD | Y, 2018 |
|---|---|
EV/CFO | 47.1 x |
Financial Leverage | 6.8 x |
