AFG vs. RGA: American Financial vs. Reinsurance Group of America Stock Comparison

Company Profile

American Financial (AFG) and Reinsurance Group of America (RGA) both belong to the Insurance industry, though AFG is classified under Property & Casualty Insurance while RGA falls under Reinsurance.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both American Financial (AFG) at 21.57% 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.

Both American Financial (AFG) at 12.28% 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.

Neither side reports a meaningful operating margin: for American Financial (AFG) 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

Growth

Reinsurance Group of America (RGA) at 7.42% is around its peer norm for revenue growth, while American Financial (AFG) at -1.93% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Reinsurance Group of America (RGA) at 64.86% sits in the top EPS growth quartile, while American Financial (AFG) at -4.57% is closer to the peer norm — faster per-share earnings growth for RGA.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: American Financial (AFG) 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-to-equity ratio is set aside for both: American Financial (AFG) 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

Dividends

American Financial (AFG) at 2.31% 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, AFG the richer one.

Both American Financial (AFG) at 28.71% and Reinsurance Group of America (RGA) at 14.60% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Both American Financial (AFG) at 12.61 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.

Reinsurance Group of America (RGA) at 0.62 sits in the cheaper P/S ratio quartile while American Financial (AFG) at 1.54 prices around its industry’s middle — RGA costs less per dollar of sales, though read it alongside growth and margins.

On P/B ratio, both American Financial (AFG) at 2.71 and Reinsurance Group of America (RGA) at 1.46 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics