RGA is the ticker symbol for REINSURANCE GROUP OF AMERICA INC, a publicly traded Financials sector company listed on NYSE. 13F Pro tracks RGA with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is RGA a good stock to buy?

13F Pro's AI ranking engine scores RGA at 66.8/100, ranked #388 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for RGA is available at https://13fpro.ai/company/RGA. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source RGA data?

All REINSURANCE GROUP OF AMERICA INC fundamentals and ownership data come directly from SEC EDGAR. REINSURANCE GROUP OF AMERICA INC files with the SEC under CIK 898174. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

REINSURANCE GROUP OF AMERICA INC RGA

NYSELarge CapFinancials

13F Pro quality score

Rank #388 of 2,925TOP 25%

Why it scores 67 Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$6.64B

Quarter to Jun 30

Net income

$462.00M

Quarter to Jun 30

Free cash flow

$-521.00M

Quarter to Jun 30

Operating margin

9.1%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$13.80B total

BlackRock, Inc.

$1.45B+2.0%

FMR LLC

$1.26B-0.1%

HARRIS ASSOCIATES L P

$996.14M-3.4%

VANGUARD PORTFOLIO MANAGEMENT LLC

$742.86M-0.3%

WCM INVESTMENT MANAGEMENT, LLC

$646.04M+6.2%

VANGUARD CAPITAL MANAGEMENT LLC

$629.73M+0.8%

STATE STREET CORP

$501.52M+3.9%

EARNEST PARTNERS LLC

$471.91M-2.1%

AMERICAN CENTURY COMPANIES INC

$323.57M-16.6%

GEODE CAPITAL MANAGEMENT, LLC

$300.97M+1.0%

AQR CAPITAL MANAGEMENT LLC

$284.43M-28.2%

MORGAN STANLEY

$264.43M+2.8%

BANK OF AMERICA CORP /DE/

$251.59M+0.4%

DIMENSIONAL FUND ADVISORS LP

$247.73M+4.5%

$181.02M--

$179.82M+1.0%

$156.89M+15.3%

$149.95M+4.1%

FIRST TRUST ADVISORS LP

$147.53M+44.8%

CITADEL ADVISORS LLC

$122.68M+45.4%

HARDING LOEVNER LP

$116.43M-21.4%

NORDEA INVESTMENT MANAGEMENT AB

$114.00M-6.0%

Douglas Lane & Associates, LLC

$112.03M-3.4%

Ensign Peak Advisors, Inc

$109.32M+1.3%

Polar Capital Holdings Plc

$105.27M-9.5%

See all 635 institutional holders →

What's Driving RGA's Business? Latest 10-Q Breakdown

AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Biggest Revenue Drivers

U.S. and Latin America$3,448M+26% YoY

Boosted by the Equitable Holdings transaction, favorable mortality claims experience, and higher variable investment income.

Asia Pacific$1,512M+20% YoY

Higher net investment income and business growth in both traditional reinsurance and financial solutions.

Biggest Revenue Drivers

U.S. and Latin America$3,448M+26% YoY

Boosted by the Equitable Holdings transaction, favorable mortality claims experience, and higher variable investment income.

Within U.S. and Latin America

Traditional$2,321M

Asia Pacific$1,512M+20% YoY

Higher net investment income and business growth in both traditional reinsurance and financial solutions.

Europe, Middle East and Africa$1,111M+14% YoY

Higher net investment income from business growth and increased volumes on new and existing Financial Solutions treaties.

Largest Expense Items

Claims and other policy benefits$4,478M+11% YoY

Increased volume from the Equitable Holdings transaction, partially offset by favorable claims experience across operating segments.

Interest credited$617M+97% YoY

Growth in interest-sensitive contract liabilities primarily due to the Equitable Holdings transaction and asset-intensive business growth.

Policy acquisition costs and other insurance expenses$508M+17% YoY

Driven by the Equitable Holdings transaction and growth of Asia Pacific asset-intensive business.

Other operating expenses$348M+7% YoY

Primarily due to an increase in compensation expense.

Margins: Adjusted operating income before income taxes rose 81% YoY to $761M, aided by the effective tax rate falling to 23.4% from 47.0% a year earlier, which the filing attributes to jurisdictional mix and a smaller foreign tax credit valuation allowance impact versus the prior-year period.

Watch Items from the Filing

The Equitable Holdings transaction (75% quota share of ~$12 billion of in-force life liabilities) added $39M to pre-tax income this quarter, making results increasingly dependent on this single large transaction.
Excluding Ruby Re, three major reinsurance companies account for 33.3% of reinsurance ceded receivables; ceded recoverable from sponsored entity Ruby Re alone is approximately $4.1 billion.
Gross unrealized losses on fixed maturity securities available-for-sale grew to $8.2 billion at June 30, 2026 from $7.0 billion at December 31, 2025.
Board authorized a $500 million share repurchase program in January 2026; approximately $400 million remains available as of June 30, 2026.
The company redeemed $400 million of 2056 subordinated debentures in June 2026 and issued $400 million of new 6.375% subordinated debentures in March 2026, refinancing debt at a higher coupon.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

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Earnings Per Share

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REINSURANCE GROUP OF AMERICA INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$23.7B	$1.2B	6.5%
FY 2024	10-K	$22.1B	$717.0M	4.4%
FY 2023	10-K	$18.6B	$902.0M	6.3%
FY 2022	10-K	$16.2B	$517.0M	4.4%
FY 2021	10-K	$16.7B	$1.2B	8.3%
FY 2020	10-K	$14.6B	$415.0M	3.8%

About REINSURANCE GROUP OF AMERICA INC (RGA): stock profile, AI score and financials

REINSURANCE GROUP OF AMERICA INC (RGA) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores RGA at 66.8/100 on a composite quality score built from its SEC filings, placing it at rank #388 of 2,925 stocks — the top 25% of the AI-ranked universe. RGA scores in the top quartile across revenue scale (94.1), earnings quality (78.1). Based on the latest XBRL financial filings (Q2 2026), REINSURANCE GROUP OF AMERICA INC reports quarterly revenue of $6.6B, net income of $462.0M, an operating margin of 9.1%. Top institutional holders of RGA by reported 13-F value include BlackRock, FMR, HARRIS ASSOCIATES L P, based on the most recent SEC filings. RGA trades on the NYSE exchange and files with the SEC under CIK 898174. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RGA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for REINSURANCE GROUP OF AMERICA INC directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 898174 →

REINSURANCE GROUP OF AMERICA INC RGA

Top Institutional Holders

What's Driving RGA's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

RGA key financials by period

RGA insiders

Congress trading in RGA

About REINSURANCE GROUP OF AMERICA INC (RGA): stock profile, AI score and financials

REINSURANCE GROUP OF AMERICA INC RGA

Top Institutional Holders

What's Driving RGA's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

RGA key financials by period

Companies similar to RGA

RGA insiders

Congress trading in RGA

About REINSURANCE GROUP OF AMERICA INC (RGA): stock profile, AI score and financials