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 at Reinsurance Group of America
Anna Manning
Alain Neemeh
Todd Larson
Gay Burns
Reinsurance Group of America Office Locations
Reinsurance Group of America Data and Metrics
Reinsurance Group of America Financial Metrics
Revenue (Q1, 2017) | 3 b |
Net income (Q1, 2017) | 145.5 m |
Market capitalization (25-Jul-2017) | 8.8 b |
Cash (31-Mar-2017) | 1.2 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% | |
Operating expense total | 9.7 b | 9.9 b | 9.7 b | 10.5 b |
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 |
Income tax expense | 216.4 m | 324.5 m | 242.6 m | 342.5 m |
Net Income | 418.8 m | 684 m | 502.2 m | 701.4 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 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 |
Pre tax profit | 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 |
Net Income | 198.3 m | 158 m | 125.1 m | 130.4 m | 83.5 m | 76.5 m | 236.1 m | 198.7 m | 145.5 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 | |||
Total Debt | 2.2 b | 2.3 b | 2.3 b | 3.1 b |
Total Liabilities | 46 b | |||
Common Stock | 791 k | 791 k | 791 k | 791 k |
Additional Paid-in Capital | 1.8 b | 1.8 b | 1.8 b | 1.8 b |
Retained Earnings | 3.7 b | 4.2 b | 4.6 b | 5.2 b |
Total Equity | 6.1 b | 7.1 b | ||
Debt to Equity Ratio | 0.4 x | 0.4 x | ||
Debt to Assets Ratio | 0.1 x | 0.1 x | 0 x | 0.1 x |
Financial Leverage | 8.2 x | 7.5 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 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 |
Inventories | 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 |
Total Assets | 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 |
Accounts Payable | 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 |
Additional Paid-in Capital | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.9 b |
Retained Earnings | 3.9 b | 4.1 b | 4.3 b | 4.4 b | 4.5 b | 4.7 b | 4.9 b | 5 b | 5.3 b |
Total Equity | 6.5 b | 6.2 b | 6.7 b | 7.6 b | 8 b | 7.4 b | |||
Financial Leverage | 7.3 x | 7.6 x | 7.8 x | 7.1 x | 6.9 x | 7.3 x |
| 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) |
Cash From Financing Activities | (681.2 m) | (255.6 m) | (708.3 m) | 1.1 b |
Interest Paid | 116.8 m | 136.5 m | 148.1 m | 156.7 m |
Income Taxes Paid | 110.8 m | 70.3 m | 41.6 m | 61.1 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 198.3 m | 158 m | 125.1 m | 130.4 m | 83.5 m | 76.5 m | 236.1 m | 198.7 m | 145.5 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 1.2 m |
Financial Leverage | 7.3 x |
