Filing Flows › Reinsurance Group of America (RGA) › Guidance & outlook
Reinsurance Group of America (RGA) guidance and outlook
Reinsurance Group of America (RGA) raised its guidance on Nov 5, 2026: Tax rate 26.8% for FY2026; Tax rate 24.1% for FY2026; Operating income +22% to +23% for FY2026. Reinsurance Group of America's 10-Q filed Nov 6, 2026 makes 13 forward-looking statements, 0 of them new and 0 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Tax rate | FY2026 | 26.8% | raised |
| Tax rate | FY2026 | 24.1% | raised |
| Operating income | FY2026 | +22% to +23% | reaffirmed |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- • Favorable claims experience across all of the Company’s operating segments, which reduced claims and other policy benefits relative to expected experience.
- The Company believes that cash flows from the source of funds available to it will provide sufficient cash flows for the next twelve months and the foreseeable future thereafter to satisfy the current liquidity requirements of the Company under various scenarios that include the potential risk of early recapture of reinsurance treaties, market events and higher than expected claims.
- The Company’s liquidity requirements have been and will continue to be funded through net cash flows from operations.
- The Company does not rely on short-term funding or commercial paper and to date has experienced no liquidity pressure and does not anticipate such pressure in the foreseeable future.
- The Company projects its reserves to be sufficient and does not expect to be required to take any actions to augment capital, even if interest rates remain at current levels for the next five years, assuming all other factors remain constant.
- As the Company continues to operate its business and manage capital, RGA will continue to be dependent upon these sources of liquidity.
- Tax Reform generally eliminates U.S. federal income taxes on dividends from foreign subsidiaries, the Company does not expect to incur material income taxes if these funds are repatriated.
- Based on the historic cash flows and the current financial results of the Company, management believes that RGA’s cash flows will be sufficient to enable RGA to meet its obligations for at least the next twelve months.
- The Company actively manages its cash and invested assets using an approach that is intended to balance quality, diversification, asset/liability matching, liquidity and investment return.
- The Company has established target asset portfolios for its operating segments, which represent the investment strategies intended to profitably fund its liabilities within acceptable risk parameters.
- The Company manages the asset-intensive business to provide a targeted spread between the interest rate earned on investments and the interest rate credited to the underlying interest-sensitive contract liabilities.
- The Company’s determination of whether a decline in value necessitates the recording of an allowance for credit losses includes analyzing whether the issuer is current on its contractual payments, evaluating whether it is probable that the Company will be able to collect all amounts due according to the contractual terms of the security and analyzing the overall ability of the Company to recover the amortized…
Reinsurance Group of America's latest quarter
Reinsurance Group of America, Q3 2026: revenue $7.5B (+22% year over year), operating margin 8.3%, net earnings $457M, operating cash flow −$1.4B. The chart follows the revenue to costs, profit and cash.
Questions
Did Reinsurance Group of America raise or lower its guidance?
Reinsurance Group of America (RGA) raised its guidance on Nov 5, 2026: Tax rate 26.8% for FY2026; Tax rate 24.1% for FY2026; Operating income +22% to +23% for FY2026.
What does Reinsurance Group of America expect?
• Favorable claims experience across all of the Company’s operating segments, which reduced claims and other policy benefits relative to expected experience. The Company believes that cash flows from the source of funds available to it will provide sufficient cash flows for the next twelve months and the foreseeable future thereafter to satisfy the current liquidity requirements of the Company under various scenarios that include the potential risk of early recapture of reinsurance treaties, market events and higher than expected claims. The Company’s liquidity requirements have been and will
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.