Reinsurance Group Of America (RGA) Net Margin (2009 - 2026)
Reinsurance Group Of America (RGA) reported Net Margin of 7.2% for Q1 2026, up 173.0% year-over-year from 2.64% in Q1 2025, and up 2.79% on a QoQ basis from 7.01% in Q4 2025.
Reinsurance Group Of America (RGA) has 18 years of Net Margin data on file, last reported at 7.2% in Q1 2026.
- Quarterly Net Margin rose 173.0% year-over-year to 7.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.35% (up 154.0% YoY) and the FY2025 annual result came in at 6.9%, up 284.0% from the prior year.
- Net Margin advanced to 7.2% in Q1 2026 per RGA's latest filing, from 7.01% in the prior quarter.
- Across five years, Net Margin topped out at 7.2% in Q1 2026 and bottomed at 1.85% in Q3 2022.
- The 5-year median for Net Margin is 4.11% (2025), against an average of 4.16%.
- The widest annual swing landed in 2022, when Net Margin sank 839 bps; it then jumped 746 bps in 2023.
- Tracing RGA's Net Margin over 5 years: stood at 6.72% in 2022, then sank by 52 bps to 3.2% in 2023, then fell by 10 bps to 2.86% in 2024, then jumped by 145 bps to 7.01% in 2025, then advanced by 3 bps to 7.2% in 2026.
- Per Business Quant, the three latest RGA Net Margin figures stand at 7.2% (Q1 2026), 7.01% (Q4 2025), and 4.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Everest | 14.15 Bn | -33.10 Bn | 2.75 Bn | 18.27% |
| 2 | Reinsurance Group Of America | 13.91 Bn | 4.92 Bn | -26.00 Mn | 7.20% |
| 3 | Renaissancere Holdings | 12.54 Bn | 14.14 Bn | 1.21 Bn | 12.96% |
| 4 | Hamilton Insurance | 3.14 Bn | 2.33 Bn | - | 38.04% |
| 5 | SiriusPoint | 2.72 Bn | 1.83 Bn | 567.70 Mn | 15.59% |
| 6 | Greenlight Capital Re | 577.91 Mn | 502.82 Mn | 62.99 Mn | 23.19% |
| 7 | Oxbridge Re Holdings | 8.03 Mn | 7.22 Mn | - | 6.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.20% |
| Dec 31, 2025 | 7.01% |
| Sep 30, 2025 | 4.11% |
| Jun 30, 2025 | 3.23% |
| Mar 31, 2025 | 5.48% |
| Dec 31, 2024 | 2.86% |
| Sep 30, 2024 | 2.80% |
| Jun 30, 2024 | 4.18% |
| Mar 31, 2024 | 3.35% |
| Dec 31, 2023 | 3.20% |
| Sep 30, 2023 | 5.61% |
| Jun 30, 2023 | 4.98% |
| Mar 31, 2023 | 5.95% |
| Dec 31, 2022 | 6.72% |
| Sep 30, 2022 | -1.85% |
| Jun 30, 2022 | 2.72% |
| Mar 31, 2022 | 3.22% |
| Dec 31, 2021 | 0.34% |
| Sep 30, 2021 | -0.54% |
| Jun 30, 2021 | 11.10% |
| Mar 31, 2021 | 4.77% |
| Dec 31, 2020 | 3.19% |
| Sep 30, 2020 | 5.85% |
| Jun 30, 2020 | 4.38% |
| Mar 31, 2020 | -2.75% |
| Dec 31, 2019 | 6.21% |
| Sep 30, 2019 | 7.25% |
| Jun 30, 2019 | 5.83% |
| Mar 31, 2019 | 4.97% |
| Dec 31, 2018 | 3.36% |
| Sep 30, 2018 | 9.34% |
| Jun 30, 2018 | 6.39% |
| Mar 31, 2018 | 3.16% |
| Dec 31, 2017 | 37.63% |
| Sep 30, 2017 | 7.24% |
| Jun 30, 2017 | 7.42% |
| Mar 31, 2017 | 4.84% |
| Dec 31, 2016 | 6.20% |
| Sep 30, 2016 | 6.85% |
| Jun 30, 2016 | 7.77% |
| Mar 31, 2016 | 3.04% |
| Dec 31, 2015 | 5.77% |
| Sep 30, 2015 | 3.43% |
| Jun 30, 2015 | 4.96% |
| Mar 31, 2015 | 4.96% |
| Dec 31, 2014 | 7.08% |
| Sep 30, 2014 | 5.82% |
| Jun 30, 2014 | 7.00% |
| Mar 31, 2014 | 5.14% |
| Dec 31, 2013 | 5.30% |
| Sep 30, 2013 | 5.77% |
| Jun 30, 2013 | -1.92% |
| Mar 31, 2013 | 7.13% |
| Dec 31, 2012 | 8.19% |
| Sep 30, 2012 | 5.90% |
| Jun 30, 2012 | 5.94% |
| Mar 31, 2012 | 5.38% |
| Dec 31, 2011 | 5.90% |
| Sep 30, 2011 | 6.75% |
| Jun 30, 2011 | 5.62% |
| Mar 31, 2011 | 6.52% |
| Dec 31, 2010 | 9.48% |
| Sep 30, 2010 | 6.56% |
| Jun 30, 2010 | 6.57% |
| Mar 31, 2010 | 5.83% |
| Dec 31, 2009 | -153.53% |
| Sep 30, 2009 | 12.92% |