Reinsurance Group Of America (RGA) Provisions (2012 - 2024)
Reinsurance Group Of America (RGA) reported Provisions of $12.0 million for Q3 2024, down 29.41% year-over-year from $17.0 million in Q4 2023, and up 500.0% on a QoQ basis from $2.0 million in Q2 2024.
Reinsurance Group Of America (RGA) has 13 years of Provisions data on file, last reported at $12.0 million in Q3 2024.
- Quarterly Provisions fell 29.41% year-over-year to $12.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $17.0 million (down 54.05% YoY) and the FY2023 annual result came in at $16.0 million, changed 0.0% from the prior year.
- Provisions grew to $12.0 million in Q3 2024 per RGA's latest filing, from $2.0 million in the prior quarter.
- Across five years, Provisions topped out at $29.0 million in Q4 2021 and bottomed at -$7.0 million in Q4 2023.
- The 5-year median for Provisions is $7.0 million (2021), against an average of $8.6 million.
- The widest annual swing landed in 2020, when Provisions soared 2300.0%; it then tumbled 187.5% in 2023.
- Tracing RGA's Provisions over 5 years: stood at $24.0 million in 2020, then advanced by 20.83% to $29.0 million in 2021, then tumbled by 72.41% to $8.0 million in 2022, then plunged by 187.5% to -$7.0 million in 2023, then surged by 271.43% to $12.0 million in 2024.
- Per Business Quant, the three latest RGA Provisions figures stand at $12.0 million (Q3 2024), $2.0 million (Q2 2024), and $10.0 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (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 | - |
| 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 |
|---|---|
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | -7.00 Mn |
| Sep 30, 2023 | 17.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 3.00 Mn |
| Dec 31, 2022 | 8.00 Mn |
| Sep 30, 2022 | 5.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 29.00 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Jun 30, 2021 | 2.00 Mn |
| Mar 31, 2021 | 17.00 Mn |
| Dec 31, 2020 | 24.00 Mn |
| Jun 30, 2020 | 1.00 Mn |
| Mar 31, 2020 | 13.00 Mn |
| Dec 31, 2019 | 1.00 Mn |
| Sep 30, 2019 | 88,000.00 |
| Jun 30, 2019 | 470,000.00 |
| Dec 31, 2018 | 1.01 Mn |
| Sep 30, 2018 | 656,000.00 |
| Jun 30, 2018 | 845,000.00 |
| Mar 31, 2018 | -516,000.00 |
| Dec 31, 2017 | -444,000.00 |
| Sep 30, 2017 | 977,000.00 |
| Jun 30, 2017 | 366,000.00 |
| Mar 31, 2017 | 101,000.00 |
| Dec 31, 2016 | 939,000.00 |
| Sep 30, 2016 | 247,000.00 |
| Jun 30, 2016 | -325,000.00 |
| Mar 31, 2016 | 11,000.00 |
| Dec 31, 2015 | 1.16 Mn |
| Sep 30, 2015 | -290,000.00 |
| Jun 30, 2015 | 188,000.00 |
| Mar 31, 2015 | 341,000.00 |
| Dec 31, 2014 | -1.44 Mn |
| Sep 30, 2014 | 93,000.00 |
| Jun 30, 2014 | -1.23 Mn |
| Mar 31, 2014 | 1.66 Mn |
| Dec 31, 2013 | 194,000.00 |
| Sep 30, 2013 | 234,000.00 |
| Jun 30, 2013 | 725,000.00 |
| Mar 31, 2013 | 804,000.00 |
| Dec 31, 2012 | 12.40 Mn |
| Sep 30, 2012 | -2.85 Mn |
| Jun 30, 2012 | 1.76 Mn |