Reinsurance Group Of America (RZC) Provisions (2012 - 2024)
Reinsurance Group Of America (RZC) 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% quarter-over-quarter from $2.0 million in Q2 2024.
Reinsurance Group Of America (RZC) Provisions (2012 - 2024) Analysis & Trends
Reinsurance Group Of America (RZC) has 13 years of Provisions data on file, last reported at $12.0 million in Q3 2024.
- Provisions for Q3 2024 came in at $12.0 million, down 29.41% year-over-year; the trailing twelve-month figure through Sep 2024 was $17.0 million (down 54.05% YoY), and the FY2023 annual result was $16.0 million, changed 0.0% from the prior year.
- Provisions rose to $12.0 million in Q3 2024 per RZC's latest filing, from $2.0 million in the prior quarter.
- Over five years, Provisions peaked at $29.0 million in Q4 2021 and troughed at -$7.0 million in Q4 2023.
- A 5-year average of $8.6 million and a median of $7.0 million in 2021 frame the typical range for Provisions.
- The sharpest annual moves came in 2020 and 2023: Provisions surged 2300.0% in 2020, then sank 187.5% in 2023.
- A 5-year view of Provisions shows it stood at $24.0 million in 2020, then grew by 20.83% to $29.0 million in 2021, then sank by 72.41% to $8.0 million in 2022, then slumped by 187.5% to -$7.0 million in 2023, then jumped by 271.43% to $12.0 million in 2024.
- Business Quant data shows RZC's Provisions at $12.0 million in Q3 2024, $2.0 million in Q2 2024, and $10.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (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 | - |
| 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 |
|---|---|
| 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 |