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Reinsurance Group of America (RGA) Stock Analysis

This is a peer-relative look at Reinsurance Group of America (RGA): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Insurance peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Reinsurance Group of America (RGA)
Profile ItemRGA
NameReinsurance Group of America, Inc.
Country/RegionUnited States
GICS SectorFinancials
GICS Industry GroupInsurance
GICS IndustryInsurance
GICS Sub-IndustryReinsurance
Market Capitalization17.03 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateSeptember 12, 2008
Security TypeCommon Stock

Price Performance

Cumulative Growth

RGA
GSPC
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Reinsurance Group of America (RGA) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Reinsurance Group of America (RGA) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Reinsurance Group of America (RGA) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Total Return (1Y)44.56%13.21%
Total Return (3Y, Annualized)22.51%16.41%
Total Return (5Y, Annualized)21.95%10.37%

Risk Profile

Drawdown History

RGA
GSPC
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Reinsurance Group of America (RGA) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Reinsurance Group of America (RGA) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Volatility (1Y, Annualized)22.31%28.84%
Beta (5Y)0.400.50
Max Drawdown (5Y)-27.11%-38.77%

Risk-Adjusted Performance

Risk-Return Positioning

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Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. RGA is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Sharpe Ratio (1Y)1.810.28
Sortino Ratio (1Y)3.060.41

Profitability

ROE (TTM)

Reinsurance Group of America (RGA) posts ROE of 13.85%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

RGA

Insurance industry group

13.85%

Group distribution
Max
41.68%
Q3
22.04%
Median
14.81%
RGA
13.85%
Q1
8.79%
Min
-10.66%
Largest peers
PGR
33.24%
TRV
27.50%
MRSH
27.24%
CB
14.25%
RGA
13.85%
MFC
12.24%
AJG
7.21%
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Where Reinsurance Group of America (RGA) stands on ROE within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Reinsurance Group of America (RGA) keeps 6.26% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

RGA

Insurance industry group

6.26%

Group distribution
Max
29.92%
Q3
17.03%
Median
10.97%
RGA
6.26%
Q1
6.21%
Min
-4.68%
Largest peers
MFC
18.97%
CB
18.13%
TRV
17.03%
MRSH
14.20%
PGR
12.67%
AJG
10.78%
RGA
6.26%
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Where Reinsurance Group of America (RGA) stands on net margin within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

operating margin is set aside for Reinsurance Group of America (RGA) in Insurance: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.

Profitability Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
ROE (TTM)13.85%14.81%
ROA (TTM)1.00%2.72%
Net Margin (TTM)6.26%10.97%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Reinsurance Group of America (RGA) grew revenue 7.42%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

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Reinsurance Group of America (RGA): Revenue Growth across different time periods, set against Insurance industry-group medians.

EPS Growth

Reinsurance Group of America (RGA) grew earnings per share 64.86%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

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Reinsurance Group of America (RGA): EPS Growth across different time periods, set against Insurance industry-group medians.

Growth Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Revenue Growth (YoY)7.42%7.89%
Revenue Growth (3Y CAGR)14.25%11.40%
EPS Growth (YoY)64.86%21.77%
EPS Growth (3Y CAGR)32.30%18.46%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for Reinsurance Group of America (RGA) in Insurance: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for Reinsurance Group of America (RGA) in Insurance: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Reinsurance Group of America (RGA) has dividend yield of 1.44%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

RGA

Insurance industry group

1.44%

Group distribution
Max
5.12%
Q3
2.15%
RGA
1.44%
Median
0.98%
Q1
0.00%
Min
0.00%
Largest peers
MFC
4.32%
MRSH
1.80%
RGA
1.44%
TRV
1.17%
CB
1.07%
AJG
0.95%
PGR
0.17%
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Where Reinsurance Group of America (RGA) stands on dividend yield within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Reinsurance Group of America (RGA) has payout ratio of 14.60%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

RGA

Insurance industry group

14.60%

Group distribution
Max
76.67%
Q3
35.18%
Median
14.74%
RGA
14.60%
Q1
0.00%
Min
0.00%
Largest peers
PGR
70.03%
MFC
54.30%
MRSH
44.14%
AJG
41.98%
RGA
14.60%
CB
13.95%
TRV
12.36%
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Where Reinsurance Group of America (RGA) stands on payout ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
Dividend Yield (TTM)1.44%0.98%
Dividend Payout Ratio (TTM)14.60%14.74%

Valuation

P/E Ratio (TTM)

Reinsurance Group of America (RGA) trades at P/E ratio of 10.14, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

RGA

Insurance industry group

10.14

Group distribution
Max
28.37
Q3
18.75
Median
12.23
RGA
10.14
Q1
9.08
Min
2.32
Largest peers
AJG
42.99
MRSH
24.50
MFC
17.23
CB
12.79
PGR
11.47
TRV
10.39
RGA
10.14
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Where Reinsurance Group of America (RGA) stands on P/E ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Reinsurance Group of America (RGA) trades at 0.62 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

RGA

Insurance industry group

0.62

Group distribution
Max
4.03
Q3
2.25
Median
1.23
Q1
0.85
RGA
0.62
Min
0.07
Largest peers
AJG
4.58
MRSH
3.42
CB
2.25
MFC
2.11
TRV
1.66
PGR
1.44
RGA
0.62
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Where Reinsurance Group of America (RGA) stands on P/S ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Reinsurance Group of America (RGA) trades at 1.46 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

RGA

Insurance industry group

1.46

Group distribution
Max
5.07
Q3
2.79
Median
1.76
RGA
1.46
Q1
1.23
Min
0.30
Largest peers
MRSH
6.64
PGR
3.82
AJG
3.00
TRV
2.79
MFC
2.13
CB
1.91
RGA
1.46
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Where Reinsurance Group of America (RGA) stands on P/B ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Reinsurance Group of America (RGA) metric values compared with Insurance industry-group medians
MetricCurrent stock: RGAIndustry group median
P/E Ratio (TTM)10.1412.23
P/S Ratio (TTM)0.621.23
P/B Ratio (MRQ)1.461.76
Free Cash Flow Yield (TTM)----