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
DateValue
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