Reinsurance Group Of America (RGA) Deferred Taxes (2009 - 2021)
Reinsurance Group Of America (RGA) reported 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% on a QoQ basis from $9.0 million in Q4 2020.
Reinsurance Group Of America (RGA) has 13 years of Deferred Taxes data on file, last reported at -$195.0 million in Q1 2021.
- Quarterly Deferred Taxes fell 191.04% year-over-year to -$195.0 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was -$144.0 million (down 237.14% YoY) and the FY2024 annual result came in at -$61.0 million, down 128.91% from the prior year.
- Deferred Taxes slipped 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.
- The 5-year median for Deferred Taxes is $33.7 million (2018), against an average of -$45.3 million.
- The widest annual swing landed in 2017, when Deferred Taxes plunged 947.64%; it then soared 293.77% in 2019.
- Tracing RGA's Deferred Taxes over 5 years: stood at -$1.1 billion in 2017, then soared by 107.86% to $85.1 million in 2018, then slumped by 88.25% to $10.0 million in 2019, then decreased by 10.0% to $9.0 million in 2020, then plunged by 2266.67% to -$195.0 million in 2021.
- Per Business Quant, the three latest RGA Deferred Taxes figures stand at -$195.0 million (Q1 2021), $9.0 million (Q4 2020), and $63.0 million (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Everest | 14.15 Bn | -33.10 Bn | 2.75 Bn | - |
| 2 | Reinsurance Group Of America | 13.91 Bn | 4.92 Bn | -26.00 Mn | - |
| 3 | Renaissancere Holdings | 12.54 Bn | 14.14 Bn | 1.21 Bn | - |
| 4 | Hamilton Insurance | 3.14 Bn | 2.33 Bn | - | - |
| 5 | SiriusPoint | 2.72 Bn | 1.83 Bn | 567.70 Mn | -20.00 Mn |
| 6 | Greenlight Capital Re | 577.91 Mn | 502.82 Mn | 62.99 Mn | - |
| 7 | Oxbridge Re Holdings | 8.03 Mn | 7.22 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 |
| Mar 31, 2016 | 23.41 Mn |
| Dec 31, 2015 | 20.44 Mn |
| Sep 30, 2015 | 51.51 Mn |
| Jun 30, 2015 | 63.90 Mn |
| Mar 31, 2015 | 13.14 Mn |
| Dec 31, 2014 | 127.06 Mn |
| Sep 30, 2014 | -68.07 Mn |
| Jun 30, 2014 | 70.26 Mn |
| Mar 31, 2014 | 41.47 Mn |
| Dec 31, 2013 | -45.59 Mn |
| Sep 30, 2013 | 207.30 Mn |
| Jun 30, 2013 | 52.73 Mn |
| Mar 31, 2013 | 16.34 Mn |
| Dec 31, 2012 | 297.31 Mn |
| Sep 30, 2012 | -93.73 Mn |
| Jun 30, 2012 | -43.58 Mn |
| Mar 31, 2012 | 38.11 Mn |
| Dec 31, 2011 | 110.79 Mn |
| Sep 30, 2011 | 100.40 Mn |
| Jun 30, 2011 | -62.51 Mn |
| Mar 31, 2011 | 20.32 Mn |
| Dec 31, 2010 | 410.60 Mn |
| Sep 30, 2010 | -90.71 Mn |
| Jun 30, 2010 | 41.47 Mn |
| Mar 31, 2010 | 63.82 Mn |
| Dec 31, 2009 | -34.44 Mn |