AEG vs. RNR: Aegon vs. RenaissanceRe Stock Comparison

November 11, 2026

How do Aegon (AEG) and RenaissanceRe (RNR) 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 RenaissanceRe (RNR) both belong to the Insurance industry, though AEG is classified under Life & Health Insurance while RNR falls under Reinsurance.

RenaissanceRe (RNR) 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.

Company profile comparison for Aegon (AEG) and RenaissanceRe (RNR)
Profile Item	AEG	RNR
Name	Aegon Ltd. New York Registry Shares	RenaissanceRe Holdings Ltd.
Country/Region	Netherlands	Bermuda
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	14.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 28, 1985	July 27, 1995
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

AEG

RNR

GSPC

Aegon (AEG) vs. RenaissanceRe (RNR), with S&P 500 (GSPC) for reference: 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 Aegon (AEG) and RenaissanceRe (RNR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Aegon (AEG) and RenaissanceRe (RNR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
Total Return (1Y)	19.25%	29.60%
Total Return (3Y, Annualized)	26.15%	19.53%
Total Return (5Y, Annualized)	17.53%	18.22%

Risk Profile

Drawdown History

AEG

RNR

GSPC

Aegon (AEG) vs. RenaissanceRe (RNR), with S&P 500 (GSPC) for reference: 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 Aegon (AEG) and RenaissanceRe (RNR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
Volatility (1Y, Annualized)	24.91%	23.23%
Beta (5Y)	0.85	0.12
Max Drawdown (5Y)	-36.55%	-27.71%
Avg. Volume (3M)	5.27M	361.04K

Risk-Adjusted Performance

Risk-Return Positioning

AEG and RNR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
Sharpe Ratio (1Y)	0.60	1.09
Sortino Ratio (1Y)	0.84	1.64

Profitability

ROE (TTM)

Both Aegon (AEG) at 11.07% and RenaissanceRe (RNR) at 13.98% 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%

RNR

Insurance industry group

13.98%

Max: 41.68%
Q3: 22.04%
Median: 14.81%
RNR: 13.98%
Q1: 8.79%
Min: -10.66%

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Both Aegon (AEG) at 8.62% and RenaissanceRe (RNR) at 16.20% 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%

RNR

Insurance industry group

16.20%

Max: 29.92%
Q3: 17.03%
RNR: 16.20%
Median: 10.97%
Q1: 6.21%
Min: -4.68%

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Aegon (AEG) in Insurance and RenaissanceRe (RNR) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
ROE (TTM)	11.07%	13.98%
ROA (TTM)	0.10%	3.49%
Net Margin (TTM)	8.62%	16.20%
Operating Margin (TTM)	--	--
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Aegon (AEG) at 37.63% sits in the top revenue growth quartile, while RenaissanceRe (RNR) at 9.69% is closer to the peer norm — faster top-line expansion for AEG.

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Aegon (AEG) at 59.46% sits in the top EPS growth quartile, while RenaissanceRe (RNR) at 59.13% is closer to the peer norm — faster per-share earnings growth for AEG.

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
Revenue Growth (YoY)	37.63%	9.69%
Revenue Growth (3Y CAGR)	--	36.27%
EPS Growth (YoY)	59.46%	59.13%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Aegon (AEG) in Insurance and RenaissanceRe (RNR) 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 RenaissanceRe (RNR) 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

Financial strength metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
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 RenaissanceRe (RNR) at 0.46% 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%

RNR

Insurance industry group

0.46%

Max: 5.12%
Q3: 2.15%
Median: 0.98%
RNR: 0.46%
Q1: 0.00%
Min: 0.00%

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

RenaissanceRe (RNR) at 4.66% 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%

RNR

Insurance industry group

4.66%

Max: 76.67%
Q3: 35.18%
Median: 14.74%
RNR: 4.66%
Q1: 0.00%
Min: 0.00%

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
Dividend Yield (TTM)	4.96%	0.46%
Dividend Payout Ratio (TTM)	61.52%	4.66%

Valuation

P/E Ratio (TTM)

Both Aegon (AEG) at 12.03 and RenaissanceRe (RNR) at 9.94 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

RNR

Insurance industry group

9.94

Max: 28.37
Q3: 18.75
Median: 12.23
RNR: 9.94
Q1: 9.08
Min: 2.32

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Aegon (AEG) at 1.04 and RenaissanceRe (RNR) at 1.45 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AEG

Insurance industry group

1.04

Max: 4.03
Q3: 2.25
Median: 1.23
AEG: 1.04
Q1: 0.85
Min: 0.07

RNR

Insurance industry group

1.45

Max: 4.03
Q3: 2.25
RNR: 1.45
Median: 1.23
Q1: 0.85
Min: 0.07

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Aegon (AEG) at 1.23 and RenaissanceRe (RNR) at 1.34 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

RNR

Insurance industry group

1.34

Max: 5.07
Q3: 2.79
Median: 1.76
RNR: 1.34
Q1: 1.23
Min: 0.30

Aegon (AEG) vs. RenaissanceRe (RNR): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Aegon (AEG) and RenaissanceRe (RNR)
Metric	AEG	RNR
P/E Ratio (TTM)	12.03	9.94
P/S Ratio (TTM)	1.04	1.45
P/B Ratio (MRQ)	1.23	1.34
Free Cash Flow Yield (TTM)	--	--