What is the 13F Pro Quality Score for RGA?

13F Pro ranks REINSURANCE GROUP OF AMERICA INC (RGA) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View RGA's current score at https://13fpro.ai/company/RGA (free sign-up required for the full ranking).

Which hedge funds own the most RGA stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of RGA include BlackRock,, FMR, HARRIS ASSOCIATES L P. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/RGA as soon as new 13F filings post.

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.

What sector is RGA in?

REINSURANCE GROUP OF AMERICA INC (RGA) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives RGA's revenue?

Per REINSURANCE GROUP OF AMERICA INC's latest 10-Q filed with the SEC on 2026-08-07, the biggest revenue drivers are: U.S. and Latin America ($3,448M, +26% YoY); Traditional ($2,321M); Asia Pacific ($1,512M, +20% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/RGA.

What are RGA's largest expenses?

REINSURANCE GROUP OF AMERICA INC's latest 10-Q reports these as the largest expense items: Claims and other policy benefits ($4,478M, +11% YoY); Interest credited ($617M, +97% YoY); Policy acquisition costs and other insurance expenses ($508M, +17% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is RGA research updated on 13F Pro?

RGA's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

REINSURANCE GROUP OF AMERICA INC(RGA)Stock Analysis

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SEC EDGAR: CIK 898174 RGA stock profile & AI dashboard →

13F Pro Quality Score

66.8/100

Rank #397 of 2,961 stocksTOP 25%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

60.1/100

Profitability

57.9/100

Balance Sheet

42.3/100

Earnings Quality

79.0/100

Free Cash Flow

58.7/100

Institutional Flow

52.9/100

Revenue Scale

94.3/100

Dilution Risk

86.0/100

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Why RGA Scores 67/100

exact factor attribution · 2026-09-11

RGA's composite is driven by scale and earnings quality, held back by capital efficiency. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+8.9 pts

94th pct

Earnings quality

+2.9 pts

79th pct

Revenue growth

+2.7 pts

60th pct

Shareholder dilution

+2.4 pts

86th pct

Earnings growth

+2.1 pts

81th pct

Profitability

+1.6 pts

58th pct

Free cash flow

+1.3 pts

59th pct

Institutional flow

+0.2 pts

53th pct

Capital efficiency

-1.0 pts

42th pct

Latest change (2026-08-07): 53 → 57 · ↑ Profit margin 49→63; ↑ Earnings growth 31→66; despite ↓ Revenue growth 61→52

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

RGA Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for REINSURANCE GROUP OF AMERICA INC (RGA), a Financials sector company. 13F Pro's AI-powered ranking engine scores RGA at 66.8/100 on a 32-signal composite quality model, placing it at rank #397 of 2,961 stocks — the top 25% of the AI-ranked universe. RGA scores in the top quartile across revenue scale (94.3), earnings quality (79.0). 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. REINSURANCE GROUP OF AMERICA INC's 13F Pro composite quality score has ranged between 42 and 70 since 2021, currently 66.8 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about REINSURANCE GROUP OF AMERICA INC

Quirks, history, and lore behind RGA — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · large-cap · listed on the NYSE · headquartered in Missouri.
2
The Numbers
Annual revenues in the range of $15–20 billion, with operations spanning more than 26 countries — this is not a small-town insurance shop.
3
The History
Founded in the 1990s as a spin-off from a major U.S. life insurer, it quickly grew into one of the world's largest life and health reinsurers.
4
The Secret
Its clients aren't you — they're other insurance companies, offloading the risk of their biggest and most complex life insurance and mortality policies.
5
The Lore
It's one of the few companies whose entire business model hinges on predicting when people will die — and being right more often than the actuaries on the other side of the table.
6
The Giveaway
The world's leading life reinsurer, based in the suburbs of St. Louis, whose ticker spells out exactly what it does: R-G-A.

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

AI-extracted from REINSURANCE GROUP OF AMERICA INC's 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 →Share on X

Revenue

Q2 2026

$6.6B

Net Income

Q2 2026

$462.0M

Operating Margin

Q2 2026

9.1%

ROIC

Q2 2026

12.5%

D/E Ratio

Q2 2026

0.42

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+7.2% YoY

$23.70BFY 2025

FY22 $16.23BFY23 $18.57BFY24 $22.11BFY25 $23.70B

Net Income

+64.9% YoY

$1.18BFY 2025

FY22 $517.0MFY23 $902.0MFY24 $717.0MFY25 $1.18B

EPS (Diluted)

+64.9% YoY

$17.69FY 2025

FY22 $7.64FY23 $13.44FY24 $10.73FY25 $17.69

Total Assets

+31.9% YoY

$156.59BFY 2025

FY22 $84.90BFY23 $97.62BFY24 $118.67BFY25 $156.59B

Total Debt

+13.2% YoY

$5.71BFY 2025

FY22 $3.96BFY23 $4.43BFY24 $5.04BFY25 $5.71B

Op. Cash Flow

-56.3% YoY

$4.09BFY 2025

FY22 $1.34BFY23 $4.04BFY24 $9.37BFY25 $4.09B

Free Cash Flow

—FY 2025

FY22 $1.32BFY23 —FY24 —FY25 —

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$23.70B +7.2%	$22.11B +19.1%	$18.57B +14.4%	$16.23B -2.6%	$16.67B +14.2%	$14.60B
Net Income	$1.18B +64.9%	$717.0M -20.5%	$902.0M +74.5%	$517.0M -55.8%	$1.17B +181.9%	$415.0M
EPS (Diluted)	$17.69 +64.9%	$10.73 -20.2%	$13.44 +75.9%	$7.64 -55.4%	$17.13 +171.5%	$6.31
Total Assets	$156.59B +31.9%	$118.67B +21.6%	$97.62B +15.0%	$84.90B -8.6%	$92.94B +9.8%	$84.66B
Total Debt	$5.71B +13.2%	$5.04B +13.9%	$4.43B +11.8%	$3.96B +8.0%	$3.67B +2.6%	$3.57B
Operating Cash Flow	$4.09B -56.3%	$9.37B +131.7%	$4.04B +201.1%	$1.34B -67.9%	$4.18B +25.9%	$3.32B
Free Cash Flow	—	—	—	$1.32B -68.3%	$4.16B +26.4%	$3.29B

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Available Research

13F Pro tracks comprehensive data for REINSURANCE GROUP OF AMERICA INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of RGA

BlackRock, Inc.
$1.4B6,810,718 sh
FMR LLC
$1.3B5,923,875 sh
HARRIS ASSOCIATES L P
$996.1M4,684,424 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$742.9M3,493,339 sh
WCM INVESTMENT MANAGEMENT, LLC
$646.0M3,007,065 sh
VANGUARD CAPITAL MANAGEMENT LLC
$629.7M2,961,322 sh
STATE STREET CORP
$501.5M2,358,429 sh
EARNEST PARTNERS LLC
$471.9M2,219,193 sh
AMERICAN CENTURY COMPANIES INC
$323.6M1,521,592 sh
GEODE CAPITAL MANAGEMENT, LLC
$301.0M1,415,016 sh

Fund	Value	Shares
BlackRock, Inc.	$1.4B	6,810,718
FMR LLC	$1.3B	5,923,875
HARRIS ASSOCIATES L P	$996.1M	4,684,424
VANGUARD PORTFOLIO MANAGEMENT LLC	$742.9M	3,493,339
WCM INVESTMENT MANAGEMENT, LLC	$646.0M	3,007,065
VANGUARD CAPITAL MANAGEMENT LLC	$629.7M	2,961,322
STATE STREET CORP	$501.5M	2,358,429
EARNEST PARTNERS LLC	$471.9M	2,219,193
AMERICAN CENTURY COMPANIES INC	$323.6M	1,521,592
GEODE CAPITAL MANAGEMENT, LLC	$301.0M	1,415,016

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Is RGA a good stock to buy?

13F Pro's AI-powered analysis of REINSURANCE GROUP OF AMERICA INC (RGA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RGA are available on the RGA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. RGA is classified as a large company.

Which hedge funds own RGA?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RGA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of REINSURANCE GROUP OF AMERICA INC's investment landscape.