Reinsurance Group of America (FRA:RGPB) Scaled Net Operating Assets : -0.02 (As of Mar. 2024)

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What is Reinsurance Group of America Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reinsurance Group of America's operating assets for the quarter that ended in Mar. 2024 was €83,231 Mil. Reinsurance Group of America's operating liabilities for the quarter that ended in Mar. 2024 was €84,654 Mil. Reinsurance Group of America's Total Assets for the quarter that ended in Dec. 2023 was €89,520 Mil. Therefore, Reinsurance Group of America's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.02.

Reinsurance Group of America Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reinsurance Group of America's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(86796.801	-	77050.925)	/	80149.376
=	0.12

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	89520.291	-	2723.49
=	86796.801

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	81110.484	-	4059.559	-	0
=	77050.925

Reinsurance Group of America's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(83231.48	-	84653.8)	/	89520.291
=	-0.02

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	97520	-	14288.52
=	83231.48

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	88726.64	-	4072.84	-	0
=	84653.8

* 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.

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Reinsurance Group of America (FRA:RGPB) Business Description

Industry

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Traded in Other Exchanges

RGA:USA

Address

16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017

Website

https://www.rgare.com

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.