RGA vs. WRB: Reinsurance Group of America vs. W. R. Berkley Stock Comparison
How do Reinsurance Group of America (RGA) and W. R. Berkley (WRB) 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
Reinsurance Group of America (RGA) and W. R. Berkley (WRB) both belong to the Insurance industry, though RGA is classified under Reinsurance while WRB falls under Property & Casualty Insurance.
| Profile Item | RGA | WRB |
|---|---|---|
| Name | Reinsurance Group of America, Inc. | W. R. Berkley Corporation |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Reinsurance | Property & Casualty Insurance |
| Market Capitalization | 17.03 billion USD | 27.95 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 12, 2008 | October 23, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | RGA | WRB |
|---|---|---|
| Total Return (1Y) | 44.56% | 4.12% |
| Total Return (3Y, Annualized) | 22.51% | 21.96% |
| Total Return (5Y, Annualized) | 21.95% | 18.80% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | RGA | WRB |
|---|---|---|
| Volatility (1Y, Annualized) | 22.31% | 22.41% |
| Beta (5Y) | 0.40 | 0.21 |
| Max Drawdown (5Y) | -27.11% | -26.29% |
| Avg. Volume (3M) | 391.28K | 2.52M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | RGA | WRB |
|---|---|---|
| Sharpe Ratio (1Y) | 1.81 | -0.01 |
| Sortino Ratio (1Y) | 3.06 | -0.01 |
Profitability
ROE (TTM)
Both Reinsurance Group of America (RGA) at 13.85% and W. R. Berkley (WRB) at 19.26% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
RGA
Insurance industry group
13.85%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- RGA
- 13.85%
- Q1
- 8.79%
- Min
- -10.66%
WRB
Insurance industry group
19.26%
- Max
- 41.68%
- Q3
- 22.04%
- WRB
- 19.26%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both Reinsurance Group of America (RGA) at 6.26% and W. R. Berkley (WRB) at 12.53% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
RGA
Insurance industry group
6.26%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- RGA
- 6.26%
- Q1
- 6.21%
- Min
- -4.68%
WRB
Insurance industry group
12.53%
- Max
- 29.92%
- Q3
- 17.03%
- WRB
- 12.53%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Reinsurance Group of America (RGA) in Insurance and W. R. Berkley (WRB) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | RGA | WRB |
|---|---|---|
| ROE (TTM) | 13.85% | 19.26% |
| ROA (TTM) | 1.00% | 3.43% |
| Net Margin (TTM) | 6.26% | 12.53% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Reinsurance Group of America (RGA) at 7.42% and W. R. Berkley (WRB) at 6.93% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Reinsurance Group of America (RGA) at 64.86% sits in the top EPS growth quartile, while W. R. Berkley (WRB) at 2.06% is closer to the peer norm — faster per-share earnings growth for RGA.
Growth Metrics
| Metric | RGA | WRB |
|---|---|---|
| Revenue Growth (YoY) | 7.42% | 6.93% |
| Revenue Growth (3Y CAGR) | 14.25% | 9.28% |
| EPS Growth (YoY) | 64.86% | 2.06% |
| EPS Growth (3Y CAGR) | 32.30% | 10.55% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Reinsurance Group of America (RGA) in Insurance and W. R. Berkley (WRB) 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: Reinsurance Group of America (RGA) in Insurance and W. R. Berkley (WRB) 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 | RGA | WRB |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Reinsurance Group of America (RGA) at 1.44% and W. R. Berkley (WRB) at 0.49% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
RGA
Insurance industry group
1.44%
- Max
- 5.12%
- Q3
- 2.15%
- RGA
- 1.44%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
WRB
Insurance industry group
0.49%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- WRB
- 0.49%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Reinsurance Group of America (RGA) at 14.60% and W. R. Berkley (WRB) at 8.03% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
RGA
Insurance industry group
14.60%
- Max
- 76.67%
- Q3
- 35.18%
- Median
- 14.74%
- RGA
- 14.60%
- Q1
- 0.00%
- Min
- 0.00%
WRB
Insurance industry group
8.03%
- Max
- 76.67%
- Q3
- 35.18%
- Median
- 14.74%
- WRB
- 8.03%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | RGA | WRB |
|---|---|---|
| Dividend Yield (TTM) | 1.44% | 0.49% |
| Dividend Payout Ratio (TTM) | 14.60% | 8.03% |
Valuation
P/E Ratio (TTM)
Both Reinsurance Group of America (RGA) at 10.14 and W. R. Berkley (WRB) at 15.90 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
RGA
Insurance industry group
10.14
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- RGA
- 10.14
- Q1
- 9.08
- Min
- 2.32
WRB
Insurance industry group
15.90
- Max
- 28.37
- Q3
- 18.75
- WRB
- 15.90
- Median
- 12.23
- 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 W. R. Berkley (WRB) at 1.88 prices around its industry’s middle — RGA costs less per dollar of sales, though read it alongside growth and margins.
RGA
Insurance industry group
0.62
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- RGA
- 0.62
- Min
- 0.07
WRB
Insurance industry group
1.88
- Max
- 4.03
- Q3
- 2.25
- WRB
- 1.88
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Reinsurance Group of America (RGA) at 1.46 is valued about in line with its industry on P/B ratio, while W. R. Berkley (WRB) at 3.04 carries an above-peer premium to book — WRB is pricier on assets.
RGA
Insurance industry group
1.46
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- RGA
- 1.46
- Q1
- 1.23
- Min
- 0.30
WRB
Insurance industry group
3.04
- Max
- 5.07
- WRB
- 3.04
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | RGA | WRB |
|---|---|---|
| P/E Ratio (TTM) | 10.14 | 15.90 |
| P/S Ratio (TTM) | 0.62 | 1.88 |
| P/B Ratio (MRQ) | 1.46 | 3.04 |
| Free Cash Flow Yield (TTM) | -- | -- |