Reinsurance Group of America, Incorporated (RGA)

NYSE: RGA · Real-Time Price · USD
227.03
-0.19 (-0.08%)
At close: Nov 20, 2024, 4:00 PM
228.01
+0.98 (0.43%)
Pre-market: Nov 21, 2024, 7:18 AM EST
-0.08%
Market Cap 14.95B
Revenue (ttm) 21.87B
Net Income (ttm) 727.00M
Shares Out 65.86M
EPS (ttm) 10.91
PE Ratio 20.80
Forward PE 9.99
Dividend $3.56 (1.57%)
Ex-Dividend Date Nov 12, 2024
Volume 182,824
Open 228.94
Previous Close 227.22
Day's Range 226.04 - 228.94
52-Week Range 157.48 - 233.14
Beta 0.91
Analysts Buy
Price Target 227.93 (+0.4%)
Earnings Date Oct 31, 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]

Sector Financials
IPO Date May 4, 1993
Employees 3,900
Stock Exchange NYSE
Ticker Symbol RGA
Full Company Profile

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 Statements

Analyst Forecast

According to 14 analysts, the average rating for RGA stock is "Buy." The 12-month stock price forecast is $227.93, which is an increase of 0.40% from the latest price.

Price Target
$227.93
(0.40% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

15 hours ago - Business Wire

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...

15 hours ago - PRNewsWire

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...

1 day ago - Seeking Alpha

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...

5 days ago - Business Wire

AllianceBernstein Announces Expansion of Insurance Platform

NASHVILLE, Tenn. , Nov. 13, 2024 /PRNewswire/ -- AllianceBernstein L.P.

Other symbols: AB
7 days ago - PRNewsWire

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...

Other symbols: AB
7 days ago - Business Wire

Reinsurance Group of America, Incorporated (RGA) Q3 2024 Earnings Call Transcript

Reinsurance Group of America, Incorporated (RGA) Q3 2024 Earnings Call Transcript

19 days ago - Seeking Alpha

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...

20 days ago - Business Wire

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.

5 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire