Reinsurance Group of America, Incorporated (RGA) financial statements (2022 and earlier)

Company profile

Business Address 16600 SWINGLEY RIDGE ROAD
CHESTERFIELD, MO 63017
State of Incorp. MO
Fiscal Year End December 31
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,1863,7671,8332,1151,3971,2772,084
Cash and cash equivalents2,9483,4081,4491,8901,3041,2011,525
Short-term investments2383593842259377558
Total current assets:3,1863,7671,8332,1151,3971,2772,084
Noncurrent Assets
Property, plant and equipment139144145152157161171
Intangible assets, net (including goodwill)7777777
Goodwill7777777
Total noncurrent assets:146151152159164168178
Other undisclosed assets88,84380,73874,74662,26258,95451,65348,122
TOTAL ASSETS:92,17584,65676,73164,53560,51553,09850,383
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt612     
Total current liabilities:612     
Noncurrent Liabilities
Other undisclosed liabilities79,15570,29265,13056,08550,94546,00544,248
Total liabilities:79,16170,30465,13056,08550,94546,00544,248
Stockholders' equity
Stockholders' equity attributable to parent13,01414,35211,6018,4519,5707,0936,135
Common stock1111111
Treasury stock, value(1,653)(1,562)(1,426)(1,371)(1,102)(1,095)(1,010)
Additional paid in capital2,4612,4061,9371,8991,8711,8491,816
Accumulated other comprehensive income3,6425,3593,1376372,0641,139708
Retained earnings8,5638,1487,9527,2856,7365,1994,620
Total stockholders' equity:13,01414,35211,6018,4519,5707,0936,135
TOTAL LIABILITIES AND EQUITY:92,17584,65676,73164,53560,51553,09850,383

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues16,65814,59614,30012,87612,51611,52210,418
Premiums earned, net12,51311,69411,29710,544
Net investment income3,1382,5752,5202,1392,1551,9121,734
Financial services revenue9,8419,2498,571
Cost of revenue(13,476)(11,779)(10,894)(9,744)(9,021)(8,358)(7,826)
Policyholder benefits and claims incurred, net(12,776)(11,075)(10,197)(9,319)
Financial services costs(8,519)(7,993)(7,489)
Gross profit:3,1822,8173,4063,1323,4953,1632,592
Operating expenses(936)(816)(868)(786)(711)(646)(554)
Operating income:2,2462,0012,5382,3452,7842,5182,038
Interest and debt expense(127)(170)(173)(147)(146)(138)(143)
Other undisclosed loss from continuing operations before equity method investments, income taxes (1,278)(1,233)(1,352)(1,495)(1,336)(1,150)
Income from continuing operations before equity method investments, income taxes:2,1195531,1328461,1431,044745
Other undisclosed loss from continuing operations before income taxes(1,428)      
Income from continuing operations before income taxes:6915531,1328461,1431,044745
Income tax expense (benefit)(74)(138)(262)(130)679(343)(243)
Net income available to common stockholders, diluted:6174158707161,822701502

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:6174158707161,822701502
Other comprehensive income (loss)(1,717)2,2222,501(1,424)768431(949)
Comprehensive income (loss), net of tax, attributable to parent:(1,100)2,6373,371(708)2,5901,132(447)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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