Reinsurance Group Of America (RGA) Net Margin (2009 - 2026)
Reinsurance Group Of America (RGA) posted quarterly Net Margin of 7.2% for Q1 2026, up 173.0% year-over-year from 2.64% in Q1 2025, and up 2.79% quarter-over-quarter from 7.01% in Q4 2025.
Reinsurance Group Of America (RGA) Net Margin (2009 - 2026) Analysis & Trends
Reinsurance Group Of America (RGA) has reported Net Margin for 18 consecutive years, with 7.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 173.0% year-over-year to 7.2%; the TTM figure through Mar 2026 stood at 5.35% (up 154.0% YoY), while the FY2025 annual figure was 6.9%, up 284.0% from the prior year.
- Net Margin improved 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.
- Historically, Net Margin has averaged 4.05% across 5 years, with a median of 4.11% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin plunged 560 bps — and 2023, when it soared 746 bps.
- Reinsurance Group Of America's Net Margin stood at 6.72% in 2022, then plunged by 52 bps to 3.2% in 2023, then slipped by 10 bps to 2.86% in 2024, then jumped by 145 bps to 7.01% in 2025, then increased by 3 bps to 7.2% in 2026.
- Business Quant data shows RGA's Net Margin at 7.2% in Q1 2026, 7.01% in Q4 2025, and 4.11% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 6.99% |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 14.11% |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 23.63% |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 30.35% |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 9.22% |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -18.29% |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -121.03% |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 31.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.99% |
| 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 | 1.33% |
| Dec 31, 2021 | 0.34% |
| Sep 30, 2021 | -0.54% |