For the quarter ending 2026-03-31, RGA had $825M increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income available to rga, inc. shareholders | - | 1,182 | - | - |
| Accrued investment income | - | 123 | - | - |
| Premiums receivable and other reinsurance balances | - | 422 | - | - |
| Deferred policy acquisition costs and other | - | 441 | - | - |
| Reinsurance ceded receivables and other | - | -67 | - | - |
| Future policy benefits, other policy claims and benefits and other reinsurance balances | - | 4,347 | - | - |
| Provision for income taxes | - | 351 | - | - |
| Decrease in funds withheld net of reinsurance recoverable and deposit receivable | - | 228 | - | - |
| Other assets and other liabilities, net | - | 388 | - | - |
| Amortization of net investment premiums, discounts and other | - | 271 | - | - |
| Income from limited partnerships and real estate joint ventures | - | 193 | - | - |
| Investment related losses, net | - | -245 | - | - |
| Increase (decrease) in future policy benefit reserves | - | 0 | - | - |
| Market risk benefit, increase (decrease) from equity market change | - | -8 | - | - |
| Depreciation and amortization expense | - | 43 | - | - |
| Other, net | - | 86 | - | - |
| Cash provided by (used in) operating activity, including discontinued operation | -2,873 | 7,330 | -990 | -2,249 |
| Payments to acquire available-for-sale securities, equity | - | 149 | 1 | 0 |
| Sales of fixed maturity securities available-for-sale | 9,596 | 6,883 | 9,703 | 11,104 |
| Purchases of fixed maturity securities available-for-sale | 13,149 | 9,907 | 14,518 | 13,320 |
| Maturities of fixed maturity securities available-for-sale | 326 | 310 | 308 | 621 |
| Sales of equity securities | 16 | 0 | 55 | 4 |
| Principal payments on mortgage loans | 373 | 319 | 262 | 349 |
| Cash invested in mortgage loans | 603 | 929 | 735 | 1,511 |
| Net deposits in funds withheld at interest | 82 | 224 | 90 | 215 |
| Sales of limited partnerships and real estate joint ventures | 136 | 210 | 65 | 271 |
| Purchases of limited partnerships and real estate joint ventures | 436 | 232 | 366 | 475 |
| Sales of short-term investments | 251 | 155 | 348 | 511 |
| Purchases of short-term investments | 358 | 326 | 235 | 969 |
| Maturities of short-term investments | 140 | 211 | 157 | 346 |
| Change in other invested assets | 84 | 57 | 192 | 27 |
| Payments to acquire notes receivable | - | 0 | 1,012 | - |
| Proceeds from sale and collection of notes receivable | - | 0 | 3 | - |
| Other, net | -13 | -18 | -116 | -9 |
| Net cash used in investing activities | -3,697 | -3,270 | -5,952 | -2,872 |
| Dividends to shareholders | 61 | 61 | 61 | 118 |
| Proceeds from long-term debt issuance, net | 395 | 0 | 0 | 691 |
| Principal payments of long-term debt | 1 | 26 | 1 | 2 |
| Purchases of treasury stock | 94 | 61 | 75 | 38 |
| Proceeds from issuance or sale of equity | 1 | - | 4 | - |
| Change in cash collateral for derivatives and repurchase/reverse repurchase agreements | -199 | -311 | 1,092 | 130 |
| Change in deposit asset on reinsurance | 43 | 37 | 39 | 105 |
| Deposits on investment-type policies and contracts | 2,990 | 3,730 | 4,438 | 3,929 |
| Withdrawals on investment-type policies and contracts | 1,412 | 1,323 | 1,230 | 2,090 |
| Net cash provided by financing activities | 1,666 | 1,985 | 4,206 | 2,607 |
| Effect of exchange rate changes on cash | -17 | -24 | -35 | 106 |
| Cash and cash equivalents, period increase (decrease) | 825 | -457 | -791 | 2,090 |
| Cash and cash equivalents at beginning of period | - | - | 3,326 | - |
| Cash and cash equivalents, beginning of period | - | 3,326 | 4,625 | - |
| Change in cash and cash equivalents | - | 4,168 | - | - |
REINSURANCE GROUP OF AMERICA INC (RGA)
REINSURANCE GROUP OF AMERICA INC (RGA)