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How Reinsurance Group of America (RGA) makes money

Reinsurance Group of America (RGA) made $7.5B of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Of every dollar of revenue, 8¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Reinsurance Group of America revenue by quarterReinsurance Group of America revenue by quarter$5.3BQ1 2025$5.6BQ2 2025$6.2BQ3 2025$6.6BQ4 2025$6.5BQ1 2026$6.6BQ2 2026$7.5BQ3 2026
Reinsurance Group of America: where each dollar of revenue goesReinsurance Group of America: where each dollar of revenue goesOperating profit8¢Income tax2¢Net earnings6¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$7.5B100.0%
Operating profit$624M8.3%
Income tax$167M2.2%
Net earnings$457M6.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$7.5B+22%
Q2 2026$6.6B+18%
Q1 2026$6.5B+24%
Q4 2025$6.6B+27%
Q3 2025$6.2B+10%
Q2 2025$5.6B+15%
Q1 2025$5.3B-17%

From Reinsurance Group of America's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Reinsurance Group of America make money?

Reinsurance Group of America (RGA) made $7.5B of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Of every dollar of revenue, 8¢ was left as operating profit, 6¢ was left as net earnings.

What is Reinsurance Group of America's profit margin?

Net earnings were $457M, 6.1% of revenue, in the third quarter 2026; the operating margin was 8.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.