Reinsurance Group of America, Incorporated (RGA)
Market Cap | 13.67B |
Revenue (ttm) | 21.87B |
Net Income (ttm) | 727.00M |
Shares Out | 65.86M |
EPS (ttm) | 10.91 |
PE Ratio | 19.02 |
Forward PE | 9.12 |
Dividend | $3.56 (1.72%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 503,893 |
Open | 203.89 |
Previous Close | 204.71 |
Day's Range | 203.59 - 210.66 |
52-Week Range | 159.82 - 233.81 |
Beta | 0.93 |
Analysts | Buy |
Price Target | 228.29 (+10.0%) |
Earnings Date | Jan 30, 2025 |
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 14 analysts, the average rating for RGA stock is "Buy." The 12-month stock price forecast is $228.29, which is an increase of 10.00% from the latest price.
News
RGA Announces US$4.1 Billion Coinsurance Transaction With Manulife
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, and John Hancock, a subsidiary of Manulife Financial Corporation (Manuli...
Manulife announces $5.4 billion reinsurance transaction, including $2.4 billion of long-term care, with RGA
Transacting on a younger LTC block further validates LTC reserves and assumptions Another milestone transaction that optimizes our portfolio $0.8 billion capital release will be returned to shareholde...
Reinsurance Group of America: Best In Industry But High Valuation
Reinsurance Group of America has thrived on strong underwriting performance, pension-risk transfer, and longevity markets, with a 43% YTD stock increase and a 17% average annual return over the past d...
RGA Launches Aspire, a Cutting-Edge Health Insurance Administration Platform in UAE
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced the launch of Aspire - a licensed thir...
AllianceBernstein Announces Expansion of Insurance Platform
NASHVILLE, Tenn. , Nov. 13, 2024 /PRNewswire/ -- AllianceBernstein L.P.
RGA Announces Ruby Re Has Reached $480 Million in Total Funding with the Successful Close of Second Investment Round
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, announced today that Ruby Reinsurance Company (Ruby Re), a Missouri-domi...
Reinsurance Group of America, Incorporated (RGA) Q3 2024 Earnings Call Transcript
Reinsurance Group of America, Incorporated (RGA) Q3 2024 Earnings Call Transcript
Reinsurance Group of America Reports Record 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...
IIS Announces 2024 RGA Leaders of Tomorrow Finalists: Industry's Rising Stars Address Leadership, Financial Literacy, and the Protection Gap
NEW YORK--(BUSINESS WIRE)--The International Insurance Society (IIS) has announced the finalists for the 2024 RGA Leaders of Tomorrow award.
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, October 31, at approximately 4:15 p.m. Eastern Time. The release ...
Reinsurance Group Of America's Rally Can Continue
Reinsurance Group of America has surged over 50% in the past year, driven by strong underwriting results and higher interest income. Despite recent volatility, RGA's strategic capital deployment into ...
Behavioral Science in Life Insurance Focus of New Study from Society of Actuaries Research Institute
CHICAGO , Sept. 12, 2024 /PRNewswire/ -- The Society of Actuaries (SOA) Research Institute, in collaboration with Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and healt...
RGA Announces $3.5 Billion Coinsurance Transaction with American National Insurance Company
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has reached an agreement with American National Insur...
Recent Dip A Buying Opportunity For Shares Of Reinsurance Group Of America
RGA shares dipped 14.12% on August 2 and 5, presenting a buying opportunity. The company specializes in life and health reinsurance, showing steady growth and financial strength. Strong Buy rating wit...
Reinsurance Group of America, Incorporated (RGA) Q2 2024 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA) Q2 2024 Results Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Jeffrey Hopson - Senior Vice President, Investor Relatio...
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 1, at approximately 4:15 p.m. Eastern Time. The release w...
Axel André Joins RGA to Succeed Todd Larson as Chief Financial Officer
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that Axel André will join the company as Executive Vice President on June 24, 2024. Following a brief...
Reinsurance Group Of America: Favorable Tailwinds Can Support A Higher Valuation
Reinsurance Group of America has generated strong performance, rising over 40% in the past year. RGA's unique business mix focused on life and health has differentiated it from other reinsurance compa...
RGA Announces 100 Billion JPY Coinsurance Transaction With Anshin Life
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 Tokio Marine & Nichido Life...
AM Best Assigns Issue Credit Rating to Reinsurance Group of America, Incorporated's New Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) to the $650 million, 5.75% senior unsecured notes, due Sept. 15, 20...
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...
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, Incorporated (RGA) Q1 2024 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Todd Larson - Senior Executive Vice President and Chief Financial O...
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...