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Reinsurance Group of America (Reinsurance Group of America) Goodwill : $0 Mil (As of Dec. 2023)


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What is Reinsurance Group of America Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Reinsurance Group of America's goodwill for the quarter that ended in Dec. 2023 was $0 Mil.


Reinsurance Group of America Goodwill Historical Data

The historical data trend for Reinsurance Group of America's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reinsurance Group of America Goodwill Chart

Reinsurance Group of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 7.00 7.00 -

Reinsurance Group of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 - - - -

Reinsurance Group of America Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Reinsurance Group of America  (NYSE:RGA) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Reinsurance Group of America's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/97623
=0.00

Reinsurance Group of America's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/97623
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Reinsurance Group of America Goodwill Related Terms

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Reinsurance Group of America (Reinsurance Group of America) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Executives
Ronald Herrmann officer: EVP 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Bang Michele Mi Kyung director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
William L Hutton officer: EVP, General Counsel & Secy. C/O REINSURANCE GROUP OF AMERICA, 1370 TIMBERLAKE MANOR PKY, CHESTERFIELD MO 63017-6039
Todd C Larson officer: SVP, Controller & Treasurer
John W. Hayden officer: EVP, Controller 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Khanh T Tran director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Shundrawn A Thomas director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Stephen T O'hearn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Keng Hooi Ng director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Pina Albo director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Patricia Lynn Guinn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John J Gauthier director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Stanley B Tulin director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202