Reinsurance Group Of America (RGA) Operating Expenses (2009 - 2026)
Reinsurance Group Of America's (RGA) quarterly Operating Expenses came in at $6.0 billion in Q2 2026, up 14.72% year-over-year from $5.3 billion in Q2 2025, and little changed quarter-over-quarter from $6.1 billion in Q1 2026.
Analysis
Reinsurance Group Of America (RGA) Operating Expenses (2009 - 2026) Analysis & Trends
Reinsurance Group Of America (RGA) has reported Operating Expenses for 18 consecutive years, with $6.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 14.72% year-over-year to $6.0 billion in Q2 2026; TTM through Jun 2026 was $24.1 billion, a 16.95% increase from a year earlier, with the FY2025 full-year figure at $22.2 billion, up 4.88% from the prior year.
- Operating Expenses was $6.0 billion for Q2 2026 at Reinsurance Group Of America, roughly flat from $6.1 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $6.1 billion in Q4 2025 and troughed at $3.6 billion in Q1 2022.
- A 5-year average of $4.9 billion and a median of $4.9 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 55.51% in 2024 and fell 19.36% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $4.0 billion in 2022, then gained by 21.81% to $4.8 billion in 2023, then advanced by 3.57% to $5.0 billion in 2024, then climbed by 22.11% to $6.1 billion in 2025, then slipped by 1.52% to $6.0 billion in 2026.
- The last three Operating Expenses figures came in at $6.0 billion (Q2 2026), $6.1 billion (Q1 2026), and $6.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 16.10 Bn | 10.44 Bn | 2.16 Bn | 6.03 Bn |
| 2 | Everest | 14.42 Bn | -32.94 Bn | 1.79 Bn | 3.28 Bn |
| 3 | Renaissancere Holdings | 13.36 Bn | -13.13 Bn | 1.83 Bn | 1.65 Bn |
| 4 | SiriusPoint | 2.84 Bn | 2.16 Bn | 385.90 Mn | 659.80 Mn |
| 5 | Greenlight Capital Re | 499.94 Mn | -199.72 Mn | 49.73 Mn | 166.89 Mn |
| 6 | Oxbridge Re Holdings | 11.67 Mn | -8.16 Mn | - | 647,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.03 Bn |
| Mar 31, 2026 | 6.05 Bn |
| Dec 31, 2025 | 6.13 Bn |
| Sep 30, 2025 | 5.88 Bn |
| Jun 30, 2025 | 5.26 Bn |
| Mar 31, 2025 | 4.89 Bn |
| Dec 31, 2024 | 5.02 Bn |
| Sep 30, 2024 | 5.44 Bn |
| Jun 30, 2024 | 4.61 Bn |
| Mar 31, 2024 | 6.07 Bn |
| Dec 31, 2023 | 4.84 Bn |
| Sep 30, 2023 | 4.77 Bn |
| Jun 30, 2023 | 3.89 Bn |
| Mar 31, 2023 | 3.90 Bn |
| Dec 31, 2022 | 3.98 Bn |
| Sep 30, 2022 | 4.13 Bn |
| Jun 30, 2022 | 3.76 Bn |
| Mar 31, 2022 | 3.65 Bn |
| Dec 31, 2021 | 4.30 Bn |
| Sep 30, 2021 | 4.08 Bn |