Reinsurance Group Of America (RGA) Change in Account Payables (2009 - 2021)
Reinsurance Group Of America (RGA) posted quarterly Change in Account Payables of $3.1 billion for Q1 2021, up 49.39% year-over-year from $2.1 billion in Q1 2020, and up 479.21% quarter-over-quarter from $529.0 million in Q4 2020.
Reinsurance Group Of America (RGA) Change in Account Payables (2009 - 2021) Analysis & Trends
Reinsurance Group Of America (RGA) has reported Change in Account Payables for 13 consecutive years, with $3.1 billion the latest figure, recorded in Q1 2021.
- In Q1 2021, Change in Account Payables rose 49.39% year-over-year to $3.1 billion; the TTM figure through Mar 2021 stood at $3.8 billion (up 10.5% YoY), while the FY2024 annual figure was -$32.0 million, up 48.39% from the prior year.
- Change in Account Payables advanced to $3.1 billion in Q1 2021 per RGA's latest filing, from $529.0 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $3.1 billion in Q1 2021 and bottomed at -$70.0 million in Q3 2020.
- Historically, Change in Account Payables has averaged $607.9 million across 5 years, with a median of $363.0 million in 2019.
- Annual changes were most pronounced in 2017 — Change in Account Payables soared 7450.03% — and 2020, when it sank 115.98%.
- Reinsurance Group Of America's Change in Account Payables stood at $338.8 million in 2017, then jumped by 98.48% to $672.5 million in 2018, then sank by 46.02% to $363.0 million in 2019, then soared by 45.73% to $529.0 million in 2020, then jumped by 479.21% to $3.1 billion in 2021.
- Business Quant data shows RGA's Change in Account Payables at $3.1 billion in Q1 2021, $529.0 million in Q4 2020, and -$70.0 million in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | - |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | -1.34 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 290.58 Mn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 162.15 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 128.50 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -7.83 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -14.66 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | -54,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 3.06 Bn |
| Mar 31, 2021 | 3.06 Bn |
| Dec 31, 2020 | 529.00 Mn |
| Dec 31, 2020 | 529.00 Mn |
| Sep 30, 2020 | -70.00 Mn |
| Sep 30, 2020 | -70.00 Mn |
| Jun 30, 2020 | 309.00 Mn |
| Jun 30, 2020 | 309.00 Mn |
| Mar 31, 2020 | 2.05 Bn |
| Mar 31, 2020 | 2.05 Bn |
| Dec 31, 2019 | 363.00 Mn |
| Dec 31, 2019 | 363.00 Mn |
| Sep 30, 2019 | 438.00 Mn |
| Sep 30, 2019 | 438.00 Mn |
| Jun 30, 2019 | 616.00 Mn |
| Jun 30, 2019 | 616.00 Mn |
| Mar 31, 2019 | 120.00 Mn |
| Mar 31, 2019 | 120.00 Mn |
| Dec 31, 2018 | 672.51 Mn |
| Dec 31, 2018 | 672.51 Mn |