Reinsurance Group of America, Incorporated (RGA)

NYSE: RGA · IEX Real-Time Price · USD
186.52
+4.04 (2.21%)
Apr 19, 2024, 4:00 PM EDT - Market closed
2.21%
Market Cap 12.27B
Revenue (ttm) 18.57B
Net Income (ttm) 902.00M
Shares Out 65.76M
EPS (ttm) 13.44
PE Ratio 13.88
Forward PE 9.41
Dividend $3.40 (1.82%)
Ex-Dividend Date Feb 12, 2024
Volume 517,048
Open 183.00
Previous Close 182.48
Day's Range 182.72 - 186.80
52-Week Range 133.13 - 196.25
Beta 0.89
Analysts Buy
Price Target 190.13 (+1.94%)
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]

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 15 analysts, the average rating for RGA stock is "Buy." The 12-month stock price forecast is $190.13, which is an increase of 1.94% from the latest price.

Price Target
$190.13
(1.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

15 days ago - Business Wire

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...

18 days ago - Business Wire

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...

25 days ago - Business Wire

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...

25 days ago - PRNewsWire

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...

4 weeks 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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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 ...

5 weeks ago - Business Wire

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...

Other symbols: PRU
6 weeks ago - Business Wire

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...

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months 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, November 2, at approximately 4:15 p.m. Eastern Time. The release ...

7 months ago - Business Wire

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...

9 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 3, at approximately 4:15 p.m. Eastern Time. The release w...

10 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 new $400 million, 6.00% senior unsecured notes due Sept. 15,...

11 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 $400 million of 6.000% senior not...

11 months ago - Business Wire