Reinsurance Group of America, Incorporated (RGA)

NYSE: RGA · IEX Real-Time Price · USD
175.21
+3.06 (1.78%)
Feb 27, 2024, 4:00 PM EST - Market closed
1.78%
Market Cap 11.30B
Revenue (ttm) 18.57B
Net Income (ttm) 902.00M
Shares Out 65.62M
EPS (ttm) 13.44
PE Ratio 13.04
Forward PE 9.16
Dividend $3.40 (1.94%)
Ex-Dividend Date Feb 12, 2024
Volume 284,345
Open 172.37
Previous Close 172.15
Day's Range 171.84 - 175.33
52-Week Range 120.99 - 175.34
Beta 0.89
Analysts Buy
Price Target 174.50 (-0.41%)
Earnings Date Feb 1, 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 12 analysts, the average rating for RGA stock is "Buy." The 12-month stock price forecast is $174.5, which is a decrease of -0.41% from the latest price.

Price Target
$174.5
(-0.41% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

20 days 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...

26 days 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...

26 days 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 ...

27 days 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...

7 weeks 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...

7 weeks 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...

2 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...

2 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...

4 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...

4 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...

4 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 ...

5 months 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 Michele Bang to its Board of Director...

5 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...

7 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...

8 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,...

9 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...

9 months ago - Business Wire

Legal & General Retirement America and RGA Partner to Complete $309 Million Pension Risk Transfer Transaction with PPG

STAMFORD, Conn.--(BUSINESS WIRE)--Legal & General Retirement America (LGRA) and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today that they have entered into a $309 million pension...

9 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...

10 months ago - Business Wire

RGA Completes Transfer of HLAC to Omnilife Insurance Company Limited

LONDON--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) a leading global life and health reinsurer, today announced it has completed the transformation of the Hodge Life Assura...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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 4, at approximately 4:15 p.m. Eastern Time. The release will ...

11 months ago - Business Wire

Reinsurance Group of America Reinsures 153 Billion JPY of Statutory Reserves for Daido Life

TOKYO--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) a leading global life and health reinsurer, today announced that it reached an agreement with Daido Life Insurance Compan...

11 months ago - Business Wire

KBW's Ryan Krueger on the life insurance industry and his top picks

Ryan Krueger, KBW, joins CNBC's "Fast Money" to discuss how the bank fallout affect life insurance companies.

Other symbols: EQHUNM
11 months ago - CNBC Television

Reinsurance Group of America Named to Fortune's Most Admired Companies

ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) has been named to Fortune magazine's 2023 list of the World's Most Admired Companies.

1 year ago - Business Wire