Reinsurance Group Of America (RGA) Deferred Taxes (2009 - 2021)
Reinsurance Group Of America (RGA) posted quarterly Deferred Taxes of -$195.0 million for Q1 2021, down 191.04% year-over-year from $214.2 million in Q1 2020, and down 2266.67% quarter-over-quarter from $9.0 million in Q4 2020.
Reinsurance Group Of America (RGA) Deferred Taxes (2009 - 2021) Analysis & Trends
Reinsurance Group Of America (RGA) has reported Deferred Taxes for 13 consecutive years, with -$195.0 million the latest figure, recorded in Q1 2021.
- In Q1 2021, Deferred Taxes fell 191.04% year-over-year to -$195.0 million; the TTM figure through Mar 2021 stood at -$144.0 million (down 237.14% YoY), while the FY2024 annual figure was -$61.0 million, down 128.91% from the prior year.
- Deferred Taxes declined to -$195.0 million in Q1 2021 per RGA's latest filing, from $9.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $109.0 million in Q3 2019 and bottomed at -$1.1 billion in Q4 2017.
- Historically, Deferred Taxes has averaged -$45.3 million across 5 years, with a median of $33.7 million in 2018.
- Annual changes were most pronounced in 2017 — Deferred Taxes slumped 947.64% — and 2019, when it surged 293.77%.
- Reinsurance Group Of America's Deferred Taxes stood at -$1.1 billion in 2017, then soared by 107.86% to $85.1 million in 2018, then sank by 88.25% to $10.0 million in 2019, then declined by 10.0% to $9.0 million in 2020, then tumbled by 2266.67% to -$195.0 million in 2021.
- Business Quant data shows RGA's Deferred Taxes at -$195.0 million in Q1 2021, $9.0 million in Q4 2020, and $63.0 million in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | - |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | - |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | - |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 8.30 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | - |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | - |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -195.00 Mn |
| Dec 31, 2020 | 9.00 Mn |
| Sep 30, 2020 | 63.00 Mn |
| Jun 30, 2020 | -21.00 Mn |
| Mar 31, 2020 | -67.00 Mn |
| Dec 31, 2019 | 10.00 Mn |
| Sep 30, 2019 | 109.00 Mn |
| Jun 30, 2019 | 53.00 Mn |
| Mar 31, 2019 | 39.00 Mn |
| Dec 31, 2018 | 85.14 Mn |
| Sep 30, 2018 | -56.25 Mn |
| Jun 30, 2018 | 14.40 Mn |
| Mar 31, 2018 | 33.72 Mn |
| Dec 31, 2017 | -1.08 Bn |
| Sep 30, 2017 | 94.14 Mn |
| Jun 30, 2017 | 91.93 Mn |
| Mar 31, 2017 | 50.11 Mn |
| Dec 31, 2016 | 127.79 Mn |
| Sep 30, 2016 | 64.83 Mn |
| Jun 30, 2016 | 77.76 Mn |