Reinsurance Group of America, Incorporated (RGA)

RGA Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	77,335	59,950	52,609	60,646	56,573	51,005
Investments in Equity & Preferred Securities	3,127	2,774	2,461	2,147	1,499	1,454
Policy Loans	1,285	1,206	1,231	1,234	1,258	1,319
Other Investments	445	352	256	228	325	141
Total Investments	91,606	72,603	64,015	71,296	66,377	60,400
Cash & Equivalents	5,195	2,970	2,927	2,948	3,408	1,449
Reinsurance Recoverable	5,438	5,448	2,671	2,580	983	904
Other Receivables	4,733	4,287	3,643	3,421	3,353	3,433
Deferred Policy Acquisition Cost	5,477	4,617	4,128	3,690	3,616	3,512
Separate Account Assets	-	-	-	-	289	260
Property, Plant & Equipment	-	-	-	139	144	145
Goodwill	-	-	-	7	7	7
Other Intangible Assets	-	148	152	167	177	185
Other Current Assets	199	97	170	175	140	117
Long-Term Deferred Tax Assets	-	112	116	41	19	24
Other Long-Term Assets	7,610	7,341	7,082	7,711	6,143	6,295
Total Assets	120,258	97,623	84,904	92,175	84,656	76,731
Insurance & Annuity Liabilities	89,905	71,089	65,501	61,304	53,822	50,453
Unpaid Claims	2,875	2,730	2,480	6,993	6,413	5,711
Reinsurance Payable	955	1,103	725	613	598	557
Current Portion of Long-Term Debt	-	3	400	-	-	-
Long-Term Debt	5,067	4,424	3,561	3,847	3,961	3,579
Long-Term Deferred Tax Liabilities	2,059	1,862	1,383	2,886	3,263	2,712
Other Current Liabilities	5,359	4,789	1,823	833	956	983
Other Long-Term Liabilities	2,821	2,308	1,727	2,354	956	828
Total Liabilities	109,041	88,452	77,733	79,161	70,304	65,130
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	2,577	2,544	2,502	2,461	2,406	1,937
Retained Earnings	9,166	8,805	8,169	8,563	8,148	7,952
Treasury Stock	-1,889	-1,900	-1,720	-1,653	-1,562	-1,426
Comprehensive Income & Other	1,272	-369	-1,871	3,642	5,359	3,137
Total Common Equity	11,127	9,081	7,081	13,014	14,352	11,601
Minority Interest	90	90	90	-	-	-
Shareholders' Equity	11,217	9,171	7,171	13,014	14,352	11,601
Total Liabilities & Equity	120,258	97,623	84,904	92,175	84,656	76,731
Filing Date Shares Outstanding	65.86	65.76	66.86	67.19	67.97	62.58
Total Common Shares Outstanding	65.86	65.62	66.68	67.17	67.96	62.66
Total Debt	5,067	4,427	3,961	3,847	3,961	3,579
Net Cash (Debt)	128	-1,457	-1,034	-899	-553	-2,130
Net Cash Per Share	1.91	-21.71	-15.27	-13.16	-8.40	-33.33
Book Value Per Share	168.94	138.39	106.20	193.75	211.19	185.15
Tangible Book Value	11,127	8,933	6,929	12,840	14,168	11,409
Tangible Book Value Per Share	168.94	136.13	103.92	191.15	208.49	182.09

Source: S&P Capital IQ. Insurance template. Financial Sources.