Reinsurance Group of America, Incorporated (RGA)
Market Cap | 13.63B |
Revenue (ttm) | 20.65B |
Net Income (ttm) | 860.00M |
Shares Out | 65.79M |
EPS (ttm) | 12.88 |
PE Ratio | 16.08 |
Forward PE | 10.19 |
Dividend | $3.40 (1.64%) |
Ex-Dividend Date | May 13, 2024 |
Volume | 292,303 |
Open | 206.33 |
Previous Close | 206.58 |
Day's Range | 205.58 - 207.67 |
52-Week Range | 135.07 - 210.00 |
Beta | 0.88 |
Analysts | Buy |
Price Target | 198.46 (-4.18%) |
Earnings Date | May 2, 2024 |
About RGA
Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for... [Read more]
Financial Performance
In 2023, RGA's revenue was $18.57 billion, an increase of 14.42% compared to the previous year's $16.23 billion. Earnings were $902.00 million, an increase of 74.47%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RGA stock is "Buy." The 12-month stock price forecast is $198.46, which is a decrease of -4.18% from the latest price.
News
Reinsurance Group of America Announces Pricing of Senior Notes
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) (the “Company”) announced today that it has priced an aggregate principal amount of $650 million of 5.750% senior not...
Reinsurance Group of America Reports First Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported first quarter net income available to RGA shareho...
Reinsurance Group of America Announces First Quarter Earnings Release Date, Webcast
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release first quarter earnings on Thursday, May 2, at approximately 4:15 p.m. Eastern Time. The release will ...
Reinsurance Group of America Appoints New Member to Board of Directors
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced the appointment of Alison Rand to its Board of Directors...
RGA Canada Announces Landmark CA$5.8 Billion Coinsurance Transaction With Manulife
ST. LOUIS--(BUSINESS WIRE)--RGA Life Reinsurance Company of Canada (RGA Canada), a subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, and...
Manulife announces largest Canadian Universal Life reinsurance transaction
Continued momentum in Manulife's transformation journey $0.8 billion capital release will be returned to shareholders through expanded buyback program TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise s...
RGA Announces 700 Billion JPY Longevity Asset-Intensive Reinsurance Transaction With Japan Post Insurance Company
TOKYO--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has reached an agreement with Japan Post Insurance Compan...
Reinsurance Group of America to Host Investor Day
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) will host a conference for institutional investors and analysts at The St. Regis in New York City on Thursday, June 1...
Legal & General Retirement America and RGA Partner to Complete $700 Million Pension Risk Transfer Transaction with FirstEnergy
STAMFORD, Conn.--(BUSINESS WIRE)--Legal & General Retirement America (LGRA), a division of Banner Life Insurance Company, and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today they...
Arch Reinsurance Group Announces Three Senior Promotions
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Reinsurance Group (the Company) today announces the promotions of three senior executives, effective April 1, 2024: Jerome Halgan, Vanessa Hardy Pickering and ...
Prudential and RGA entrusted to fulfill $5.9 billion in pension promises for Verizon
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) and Reinsurance Group of America, Incorporated (NYSE: RGA) have been selected in a pension risk transfer involving Verizon Communi...
LIBRA Insurance Partners, DigitalOwl, and RGA Announce Collaboration to Revolutionize and Enhance Efficiencies in the Informals Submission Process
BALTIMORE , Feb. 7, 2024 /PRNewswire/ -- LIBRA Insurance Partners, the largest independently owned life insurance marketing organization (IMO) in the U.S., today announced a groundbreaking underwritin...
Reinsurance Group of America Reports Fourth Quarter and Full Year Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported fourth quarter net income available to RGA shareh...
RGA Executes €900 Million Asset-Intensive Reinsurance Transaction With Baloise in Belgium
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) today announced it has executed an asset-intensive reinsurance transaction in Continental Europe with the Belgian sub...
Reinsurance Group of America Named to Fortune's World's Most Admired Companies
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) has again been named to Fortune magazine's 2024 list of the World's Most Admired Companies. “It is both an honor and ...
RGA Announces Strategic Investment and Exclusive Global Life and Health Reinsurance Partnership with DigitalOwl
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, announced today a strategic investment and exclusive global life and hea...
Reinsurance Group of America Announces Fourth Quarter Earnings Release Date, Webcast
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release fourth quarter earnings on Thursday, February 1, at approximately 4:15 p.m. Eastern Time. The release...
AM Best Assigns Credit Ratings to RGA Life and Annuity Insurance Company; Affirms Credit Ratings of Reinsurance Group of America, Incorporated and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to RGA Life and Annuity...
Reinsurance Group of America, Incorporated Launches Ruby Reinsurance Company
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, announced today the launch of Ruby Reinsurance Company (Ruby Re), a Miss...
Reinsurance Group of America Reports Third Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported third quarter net income available to RGA shareho...
RGA Recognized for Outstanding Reinsurance Scheme and as Life Reinsurer of the Year in APAC
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced that it received the 2023 Outstanding Reinsurance Scheme...
RGA Board of Directors Wins NACD 2023 Diversity, Equity, and Inclusion Award
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, has been selected by the National Association of Corporate Directors (NA...
Reinsurance Group of America Announces Third Quarter Earnings Release Date, Webcast
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, November 2, at approximately 4:15 p.m. Eastern Time. The release ...
Reinsurance Group of America Reports Second Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported second quarter net income available to RGA shareh...
Reinsurance Group of America Announces Second Quarter Earnings Release Date, Webcast
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release second quarter earnings on Thursday, August 3, at approximately 4:15 p.m. Eastern Time. The release w...