Reinsurance Group Of America (RZC) Deferred Taxes (2009 - 2021)
Reinsurance Group Of America (RZC) 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% quarter-over-quarter from $9.0 million in Q4 2020.
Reinsurance Group Of America (RZC) Deferred Taxes (2009 - 2021) Analysis & Trends
Reinsurance Group Of America (RZC) has 13 years of Deferred Taxes data on file, last reported at -$195.0 million in Q1 2021.
- Deferred Taxes for Q1 2021 came in at -$195.0 million, down 191.04% year-over-year; the trailing twelve-month figure through Mar 2021 was -$144.0 million (down 237.14% YoY), and the FY2024 annual result was -$61.0 million, down 128.91% from the prior year.
- Deferred Taxes retreated to -$195.0 million in Q1 2021 per RZC's latest filing, from $9.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $109.0 million in Q3 2019 and troughed at -$1.1 billion in Q4 2017.
- A 5-year average of -$45.3 million and a median of $33.7 million in 2018 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2017 and 2019: Deferred Taxes slumped 947.64% in 2017, then surged 293.77% in 2019.
- A 5-year view of Deferred Taxes shows it stood at -$1.1 billion in 2017, then surged by 107.86% to $85.1 million in 2018, then plunged by 88.25% to $10.0 million in 2019, then dropped by 10.0% to $9.0 million in 2020, then slumped by 2266.67% to -$195.0 million in 2021.
- Business Quant data shows RZC's Deferred Taxes at -$195.0 million in Q1 2021, $9.0 million in Q4 2020, and $63.0 million in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 13.22 Bn | 4.22 Bn | -26.00 Mn | - |
| 2 | Everest | 13.21 Bn | -34.04 Bn | 2.75 Bn | - |
| 3 | Renaissancere Holdings | 12.04 Bn | 13.64 Bn | 1.21 Bn | - |
| 4 | Hamilton Insurance | 3.07 Bn | 2.25 Bn | - | - |
| 5 | SiriusPoint | 2.59 Bn | 1.70 Bn | 567.70 Mn | -20.00 Mn |
| 6 | Greenlight Capital Re | 520.42 Mn | 445.33 Mn | 62.99 Mn | - |
| 7 | Kestrel | 86.59 Mn | 59.79 Mn | 7.94 Mn | - |
| 8 | Oxbridge Re Holdings | 6.70 Mn | 5.89 Mn | - | - |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | - |
| 10 | Reinsurance Group Of America | - | - | -26.00 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 |