Name | Value |
---|---|
Revenues | 5,623.0M |
Cost of Revenue | 78.0M |
Gross Profit | 545.0M |
Operating Expense | 331.0M |
Operating I/L | 295.0M |
Other Income/Expense | -81.0M |
Interest Income | 0.0M |
Pretax | 214.0M |
Income Tax Expense | 56.0M |
Net Income/Loss | 156.0M |
Reinsurance Group of America, Incorporated specializes in providing reinsurance for individual and group life and health insurance products, as well as asset-intensive and financial reinsurance products. The company also offers capital-motivated solutions and technology services, including consulting and outsourcing solutions for the insurance and reinsurance industries. Its reinsurance services cover mortality, morbidity, lapse, and investment-related risks associated with various insurance products, enabling life insurance companies across the globe to manage their risk exposure effectively and ensure financial stability.