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ERIE vs. RGA: Erie Indemnity vs. Reinsurance Group of America Stock Comparison

How do Erie Indemnity (ERIE) 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

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

Company profile comparison for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
Profile ItemERIERGA
NameErie Indemnity Company Class A Common StockReinsurance Group of America, Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryProperty & Casualty InsuranceReinsurance
Market Capitalization14.28 billion USD17.03 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateOctober 2, 1995September 12, 2008
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ERIE
RGA
GSPC
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA), 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 Erie Indemnity (ERIE) and Reinsurance Group of America (RGA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Total Return (1Y)-3.52%44.56%
Total Return (3Y, Annualized)0.54%22.51%
Total Return (5Y, Annualized)5.47%21.95%

Risk Profile

Drawdown History

ERIE
RGA
GSPC
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA), 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 Erie Indemnity (ERIE) and Reinsurance Group of America (RGA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Volatility (1Y, Annualized)38.16%22.31%
Beta (5Y)0.220.40
Max Drawdown (5Y)-60.87%-27.11%
Avg. Volume (3M)236.89K391.28K

Risk-Adjusted Performance

Risk-Return Positioning

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ERIE and RGA 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 Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Sharpe Ratio (1Y)-0.201.81
Sortino Ratio (1Y)-0.293.06

Profitability

ROE (TTM)

Erie Indemnity (ERIE) at 23.70% sits in the top ROE quartile, while Reinsurance Group of America (RGA) at 13.85% is closer to the peer norm — stronger capital efficiency for ERIE.

ERIE

Insurance industry group

23.70%

Max
41.68%
ERIE
23.70%
Q3
22.04%
Median
14.81%
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%
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Both Erie Indemnity (ERIE) at 13.98% 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.

ERIE

Insurance industry group

13.98%

Max
29.92%
Q3
17.03%
ERIE
13.98%
Median
10.97%
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%
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Erie Indemnity (ERIE) 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

Profitability metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
ROE (TTM)23.70%13.85%
ROA (TTM)13.48%1.00%
Net Margin (TTM)13.98%6.26%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Erie Indemnity (ERIE) at 7.41% and Reinsurance Group of America (RGA) at 7.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Reinsurance Group of America (RGA) at 64.86% sits in the top EPS growth quartile, while Erie Indemnity (ERIE) at -6.88% is closer to the peer norm — faster per-share earnings growth for RGA.

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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Revenue Growth (YoY)7.41%7.42%
Revenue Growth (3Y CAGR)13.32%14.25%
EPS Growth (YoY)-6.88%64.86%
EPS Growth (3Y CAGR)23.25%32.30%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Erie Indemnity (ERIE) 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: Erie Indemnity (ERIE) 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

Financial strength metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Erie Indemnity (ERIE) at 2.05% and Reinsurance Group of America (RGA) at 1.44% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

ERIE

Insurance industry group

2.05%

Max
5.12%
Q3
2.15%
ERIE
2.05%
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%
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Reinsurance Group of America (RGA) at 14.60% pays out a band-typical share of earnings, while Erie Indemnity (ERIE) at 53.13% distributes more than its industry norm — less retained, thinner cover.

ERIE

Insurance industry group

53.13%

Max
76.67%
ERIE
53.13%
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%
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
Dividend Yield (TTM)2.05%1.44%
Dividend Payout Ratio (TTM)53.13%14.60%

Valuation

P/E Ratio (TTM)

Reinsurance Group of America (RGA) at 10.14 is near its industry’s usual P/E ratio, while Erie Indemnity (ERIE) at 24.80 sits in the richer quartile — ERIE needs stronger growth or earnings quality to justify the premium.

ERIE

Insurance industry group

24.80

Max
28.37
ERIE
24.80
Q3
18.75
Median
12.23
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
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

Reinsurance Group of America (RGA) at 0.62 looks cheap on sales in the lower P/S ratio quartile, while Erie Indemnity (ERIE) at 3.46 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ERIE

Insurance industry group

3.46

Max
4.03
ERIE
3.46
Q3
2.25
Median
1.23
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
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

Reinsurance Group of America (RGA) at 1.46 sits near its industry’s typical P/B ratio, while Erie Indemnity (ERIE) at 5.59 prices above its benchmark range — ERIE looks rich relative to book.

ERIE

Insurance industry group

5.59

ERIE
5.59
Max
5.07
Q3
2.79
Median
1.76
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
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Erie Indemnity (ERIE) vs. Reinsurance Group of America (RGA): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Erie Indemnity (ERIE) and Reinsurance Group of America (RGA)
MetricERIERGA
P/E Ratio (TTM)24.8010.14
P/S Ratio (TTM)3.460.62
P/B Ratio (MRQ)5.591.46
Free Cash Flow Yield (TTM)----