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 investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.
Global Growth Engine | Explore RGA's international expansion strategy, particularly in Asia, driving premium growth and diversifying revenue streams in the evolving insurance market |
Financial Resilience | RGA's robust balance sheet and conservative investment approach provide a solid foundation for growth, with analysts projecting EPS of $20.62 for fiscal year 2024 |
Strategic Capital | Learn how RGA's evaluation of excess capital could lead to shareholder value enhancement through potential buybacks, increased dividends, or strategic acquisitions |
Market Positioning | Delve into RGA's competitive advantages in Pension Risk Transfer and longevity business, with analyst price targets ranging from $227 to $283 per share |
Metrics to compare | RGA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipRGAPeersSector | |
---|---|---|---|---|
P/E Ratio | 20.2x | 6.2x | 8.9x | |
PEG Ratio | −0.69 | 0.01 | 0.03 | |
Price/Book | 1.3x | 1.3x | 1.0x | |
Price / LTM Sales | 0.7x | 1.1x | 2.8x | |
Upside (Analyst Target) | 13.0% | 11.3% | 14.5% | |
Fair Value Upside | Unlock | 7.5% | 2.5% | Unlock |