AEG vs. RGA: Aegon vs. Reinsurance Group of America Stock Comparison
How do Aegon (AEG) and Reinsurance Group of America (RGA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Aegon (AEG) and Reinsurance Group of America (RGA) both belong to the Insurance industry, though AEG is classified under Life & Health Insurance while RGA falls under Reinsurance.
Reinsurance Group of America (RGA) trades as ordinary local shares, while Aegon (AEG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | AEG | RGA |
|---|---|---|
| Name | Aegon Ltd. New York Registry Shares | Reinsurance Group of America, Inc. |
| Country/Region | Netherlands | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Reinsurance |
| Market Capitalization | 12.09 billion USD | 17.03 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 28, 1985 | September 12, 2008 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEG | RGA |
|---|---|---|
| Total Return (1Y) | 19.25% | 44.56% |
| Total Return (3Y, Annualized) | 26.15% | 22.51% |
| Total Return (5Y, Annualized) | 17.53% | 21.95% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEG | RGA |
|---|---|---|
| Volatility (1Y, Annualized) | 24.91% | 22.31% |
| Beta (5Y) | 0.85 | 0.40 |
| Max Drawdown (5Y) | -36.55% | -27.11% |
| Avg. Volume (3M) | 5.27M | 391.28K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEG | RGA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.60 | 1.81 |
| Sortino Ratio (1Y) | 0.84 | 3.06 |
Profitability
ROE (TTM)
Both Aegon (AEG) at 11.07% and Reinsurance Group of America (RGA) at 13.85% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
AEG
Insurance industry group
11.07%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- AEG
- 11.07%
- Q1
- 8.79%
- Min
- -10.66%
RGA
Insurance industry group
13.85%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- RGA
- 13.85%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both Aegon (AEG) at 8.62% and Reinsurance Group of America (RGA) at 6.26% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
AEG
Insurance industry group
8.62%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- AEG
- 8.62%
- Q1
- 6.21%
- Min
- -4.68%
RGA
Insurance industry group
6.26%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- RGA
- 6.26%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Aegon (AEG) in Insurance and Reinsurance Group of America (RGA) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | AEG | RGA |
|---|---|---|
| ROE (TTM) | 11.07% | 13.85% |
| ROA (TTM) | 0.10% | 1.00% |
| Net Margin (TTM) | 8.62% | 6.26% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Aegon (AEG) at 37.63% sits in the top revenue growth quartile, while Reinsurance Group of America (RGA) at 7.42% is closer to the peer norm — faster top-line expansion for AEG.
EPS Growth
Both Aegon (AEG) at 59.46% and Reinsurance Group of America (RGA) at 64.86% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | AEG | RGA |
|---|---|---|
| Revenue Growth (YoY) | 37.63% | 7.42% |
| Revenue Growth (3Y CAGR) | -- | 14.25% |
| EPS Growth (YoY) | 59.46% | 64.86% |
| EPS Growth (3Y CAGR) | -- | 32.30% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Aegon (AEG) in Insurance and Reinsurance Group of America (RGA) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Aegon (AEG) in Insurance and Reinsurance Group of America (RGA) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | AEG | RGA |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Aegon (AEG) at 4.96% delivers top-quartile income for its industry, while Reinsurance Group of America (RGA) at 1.44% pays a more typical yield — both are credible income propositions, AEG the richer one.
AEG
Insurance industry group
4.96%
- Max
- 5.12%
- AEG
- 4.96%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
RGA
Insurance industry group
1.44%
- Max
- 5.12%
- Q3
- 2.15%
- RGA
- 1.44%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Reinsurance Group of America (RGA) at 14.60% pays out a band-typical share of earnings, while Aegon (AEG) at 61.52% distributes more than its industry norm — less retained, thinner cover.
AEG
Insurance industry group
61.52%
- Max
- 76.67%
- AEG
- 61.52%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
RGA
Insurance industry group
14.60%
- Max
- 76.67%
- Q3
- 35.18%
- Median
- 14.74%
- RGA
- 14.60%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AEG | RGA |
|---|---|---|
| Dividend Yield (TTM) | 4.96% | 1.44% |
| Dividend Payout Ratio (TTM) | 61.52% | 14.60% |
Valuation
P/E Ratio (TTM)
Both Aegon (AEG) at 12.03 and Reinsurance Group of America (RGA) at 10.14 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AEG
Insurance industry group
12.03
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- AEG
- 12.03
- Q1
- 9.08
- Min
- 2.32
RGA
Insurance industry group
10.14
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- RGA
- 10.14
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Reinsurance Group of America (RGA) at 0.62 sits in the cheaper P/S ratio quartile while Aegon (AEG) at 1.04 prices around its industry’s middle — RGA costs less per dollar of sales, though read it alongside growth and margins.
AEG
Insurance industry group
1.04
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- AEG
- 1.04
- Q1
- 0.85
- Min
- 0.07
RGA
Insurance industry group
0.62
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- RGA
- 0.62
- Min
- 0.07
P/B Ratio (MRQ)
On P/B ratio, both Aegon (AEG) at 1.23 and Reinsurance Group of America (RGA) at 1.46 are valued close to their industries’ norm against book — neither stands out from peers.
AEG
Insurance industry group
1.23
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- AEG
- 1.23
- Q1
- 1.23
- Min
- 0.30
RGA
Insurance industry group
1.46
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- RGA
- 1.46
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | AEG | RGA |
|---|---|---|
| P/E Ratio (TTM) | 12.03 | 10.14 |
| P/S Ratio (TTM) | 1.04 | 0.62 |
| P/B Ratio (MRQ) | 1.23 | 1.46 |
| Free Cash Flow Yield (TTM) | -- | -- |