REINSURANCE GROUP OF AMERICA INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
RGA$266.75+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in millions, except share data)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Fixed maturity securities available-for-sale at fair value (amortized cost of $82,907 and $64,977; allowance for credit losses of $98 and $75) | $77,617 | $60,467 |
| Equity securities, at fair value | 155 | 139 |
| Mortgage loans (net of allowance for credit losses of $93 and $67) | 8,839 | 7,377 |
| Policy loans | 1,321 | 1,206 |
| Funds withheld at interest | 5,436 | 5,683 |
| Limited partnerships and real estate joint ventures | 3,067 | 2,635 |
| Short-term investments | 363 | 222 |
| Other invested assets | 1,242 | 1,171 |
| Total investments | 98,040 | 78,900 |
| Cash and cash equivalents | 3,326 | 2,970 |
| Accrued investment income | 986 | 759 |
| Premiums receivable and other reinsurance balances | 3,898 | 3,528 |
| Reinsurance ceded receivables and other | 5,531 | 5,448 |
| Deferred policy acquisition costs | 5,543 | 4,617 |
| Other assets | 1,351 | 1,401 |
| Total assets | $118,675 | $97,623 |
| Liabilities and Equity | ||
| Future policy benefits | $53,368 | $41,231 |
| Interest-sensitive contract liabilities | 35,095 | 30,273 |
| Market risk benefits, at fair value | 223 | 258 |
| Other policy claims and benefits | 2,693 | 2,730 |
| Other reinsurance balances | 1,316 | 1,103 |
| Deferred income taxes | 2,199 | 1,862 |
| Funds withheld payable | 5,017 | 4,483 |
| Other liabilities | 2,816 | 2,085 |
| Long-term debt | 5,042 | 4,427 |
| Total liabilities | 107,769 | 88,452 |
| Commitments and contingent liabilities (See Note 17) | ||
| Equity: | ||
| Preferred stock (par value $.01 per share; 10,000,000 shares authorized; no shares issued or outstanding) | — | — |
| Common stock (par value $0.01 per share; 140,000,000 shares authorized;shares issued: 85,310,598 at both December 31, 2024 and December 31, 2023) | 1 | 1 |
| Additional paid-in-capital | 2,600 | 2,544 |
| Retained earnings | 9,255 | 8,805 |
| Treasury stock, at cost – 19,438,336 and 19,689,885 shares | (1,889) | (1,900) |
| Accumulated other comprehensive income (loss) | 849 | (369) |
| Total Reinsurance Group of America, Inc. stockholders’ equity | 10,816 | 9,081 |
| Noncontrolling interest | 90 | 90 |
| Total equity | 10,906 | 9,171 |
| Total liabilities and stockholders’ equity | $118,675 | $97,623 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.