Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.
IPO Year:
Exchange: NYSE
Website: rgare.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2024 | $235.00 | Hold | TD Cowen |
| 9/5/2024 | $255.00 | Overweight | Barclays |
| 12/11/2023 | $171.00 → $189.00 | Hold → Buy | Jefferies |
| 6/23/2023 | $170.00 → $160.00 | Buy → Hold | Jefferies |
| 6/7/2023 | $199.00 | Strong Buy | Raymond James |
| 4/25/2023 | $163.00 | Overweight | Wells Fargo |
| 3/15/2023 | $133.00 → $158.00 | Sell → Buy | Citigroup |
| 1/5/2023 | $148.00 → $167.00 | In-line → Outperform | Evercore ISI |
| 12/6/2022 | $145.00 → $170.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 10/31/2022 | $136.00 | Overweight → Neutral | JP Morgan |
Citigroup analyst Michael Ward maintains Reinsurance Gr (NYSE:RGA) with a Buy and raises the price target from $194 to $252.
Jefferies analyst Suneet Kamath maintains Reinsurance Gr (NYSE:RGA) with a Buy and raises the price target from $63 to $64.
Morgan Stanley analyst Nigel Dally maintains Reinsurance Gr (NYSE:RGA) with a Equal-Weight and raises the price target from $216 to $217.
JP Morgan analyst Jimmy Bhullar maintains Reinsurance Gr (NYSE:RGA) with a Neutral and raises the price target from $195 to $208.
Jefferies analyst Suneet Kamath maintains Reinsurance Gr (NYSE:RGA) with a Buy and raises the price target from $240 to $247.
Piper Sandler analyst John Barnidge maintains Reinsurance Gr (NYSE:RGA) with a Overweight and raises the price target from $228 to $235.
Evercore ISI Group analyst Thomas Gallagher maintains Reinsurance Gr (NYSE:RGA) with a Outperform and raises the price target from $225 to $241.
Raymond James analyst Wilma Burdis maintains Reinsurance Gr (NYSE:RGA) with a Strong Buy and raises the price target from $212 to $228.
RBC Capital analyst Scott Heleniak reiterates Reinsurance Gr (NYSE:RGA) with a Outperform and maintains $225 price target.
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
4 - REINSURANCE GROUP OF AMERICA INC (0000898174) (Issuer)
Transacting on a younger LTC block further validates LTC reserves and assumptionsAnother milestone transaction that optimizes our portfolio$0.8 billion capital release will be returned to shareholders via share buybacksConference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care
Third Quarter Results Net income available to RGA shareholders of $2.33 per diluted share Adjusted operating income of $3.62 per diluted share Adjusted operating income, excluding notable items of $6.13 per diluted share, a record quarterly result ROE of 7.7%, adjusted operating ROE of 13.8%. Adjusted operating ROE, excluding notable items of 15.5% for the trailing twelve months, a record quarterly result Deployed capital of $382 million into in-force block transactions Increased Value of In-force Business Margins by $4.6 billion or 13.9% in the first nine months of the year Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global provider of life and health rei
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, October 31, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA's website, www.rgare.com. RGA will host a conference call to discuss the third quarter results beginning at 10 a.m. Eastern Time on Friday, November 1. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audio w
Second Quarter Results Net income available to RGA shareholders of $3.03 per diluted share Adjusted operating income* of $5.48 per diluted share Premium growth of 17.5% over the prior-year quarter, 18.5% on a constant currency basis1 ROE of 9.7%, adjusted operating ROE* of 15.3% for the trailing twelve months Increased quarterly dividend 4.7% to $0.89 per share Deployed capital of $307 million into in-force transactions 1 Actual amounts reflect impact of currency fluctuations. Constant currency amounts reflect foreign denominated activity translated to U.S. dollars at a constant exchange rate. Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global pro
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release second quarter earnings on Thursday, August 1, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA's website, www.rgare.com. RGA will host a conference call to discuss the second quarter results beginning at 10 a.m. Eastern Time on Friday, August 2. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audio we
First Quarter Results Net income available to RGA shareholders of $3.16 per diluted share Adjusted operating income* of $6.02 per diluted share Premium growth of 58.8% over the prior-year quarter, 59.2% on a constant currency basis1 ROE of 10.2%, adjusted operating ROE* of 14.8% for the trailing twelve months Deployed capital of $737 million into in-force transactions 1 Actual amounts reflect impact of currency fluctuations. Constant currency amounts reflect foreign denominated activity translated to U.S. dollars at a constant exchange rate. Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global provider of life and health reinsurance, reported first qua
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release first quarter earnings on Thursday, May 2, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA's website, www.rgare.com. RGA will host a conference call to discuss the first quarter results beginning at 10 a.m. Eastern Time on Friday, May 3. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audio webcast of
Fourth Quarter Results Net income available to RGA shareholders of $2.37 per diluted share Adjusted operating income* of $4.73 per diluted share Premium growth of 19.2% over the prior-year quarter, 18.7% on a constant currency basis1 Deployed capital of $346 million into in-force transactions Total shareholder capital returns of $106 million: $50 million of share repurchases and $56 million of shareholder dividends Full Year Results Net income available to RGA shareholders of $13.44 per diluted share Adjusted operating income* of $19.88 per diluted share Premium growth of 15.3% over the prior year, 16.3% on a constant currency basis1 ROE of 11.4%, adjusted oper
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release fourth quarter earnings on Thursday, February 1, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA's website, www.rgare.com. RGA will host a conference call to discuss the fourth quarter results beginning at 10 a.m. Eastern Time on Friday, February 2. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audi
Net income available to RGA shareholders of $4.29 per diluted share Adjusted operating income* of $5.57 per diluted share Premium growth of 31.0% over the prior-year quarter, 30.6% on a constant currency basis1 Premium growth of 14.0% year-to-date, 15.5% on a constant currency basis1 ROE of 13.9%, adjusted operating ROE* of 14.7%, and adjusted operating ROE excluding notable items*2 of 14.0% for the trailing twelve months Deployed capital of $203 million into in-force and other transactions, $587 million year-to-date Total shareholder capital returns of $106 million: $50 million of share repurchases and $56 million of shareholder dividends 1 Actual amounts reflect impa
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Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, and John Hancock, a subsidiary of Manulife Financial Corporation (Manulife), a leading international financial services group, announced today an agreement to reinsure approximately US$4.1 billion in liabilities comprising $1.9 billion in long-term care (LTC) and $2.2 billion in structured settlements. This latest transaction builds on RGA's long-standing strategic partnership with Manulife across a wide range of business types and global markets. The reinsured LTC block consists of policies that closely match the characteristics of RGA's current in-force LTC portfolio, including that all su
Transacting on a younger LTC block further validates LTC reserves and assumptionsAnother milestone transaction that optimizes our portfolio$0.8 billion capital release will be returned to shareholders via share buybacksConference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care
NASHVILLE, Tenn., Nov. 13, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") (NYSE:AB), a leading global investment management firm, today announced plans to expand its insurance business through a non-exclusive partnership with Reinsurance Group of America, Incorporated ("RGA") (NYSE:RGA). AB has been named as one of the lead investors in Ruby Reinsurance Company ("Ruby Re"), a reinsurance sidecar vehicle sponsored by RGA and focused on the U.S. asset-intensive market. As part of this transaction, AB intends to manage private alternative assets for RGA's general account. AB's investment in Ruby Re represents a significant milestone in the firm's continued goal of leadership within insuran
Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, announced today that Ruby Reinsurance Company (Ruby Re), a Missouri-domiciled third-party life reinsurance company, has successfully closed a second round of funding, raising a total of $480 million in capital. The second round includes capital commitments from AllianceBernstein L.P. (AB) (NYSE:AB), EnTrust Global, and Enstar Group, among others, with AB appointing a member to the Ruby Re Board of Directors. Combined with the initial investments from Golub Capital, Hudson Structured Capital Management Ltd. (doing its re/insurance business as HSCM Bermuda), and Sammons Financial Group, Ruby Re'
Third Quarter Results Net income available to RGA shareholders of $2.33 per diluted share Adjusted operating income of $3.62 per diluted share Adjusted operating income, excluding notable items of $6.13 per diluted share, a record quarterly result ROE of 7.7%, adjusted operating ROE of 13.8%. Adjusted operating ROE, excluding notable items of 15.5% for the trailing twelve months, a record quarterly result Deployed capital of $382 million into in-force block transactions Increased Value of In-force Business Margins by $4.6 billion or 13.9% in the first nine months of the year Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global provider of life and health rei
The International Insurance Society (IIS) has announced the finalists for the 2024 RGA Leaders of Tomorrow award, representing a global cohort of mentees who have demonstrated exceptional leadership potential. Mentees authored original research on critical topics affecting the insurance and risk management sectors. A panel of seasoned insurance executives evaluated the mentees' work, recognizing those who presented the most practical and innovative solutions. The 2024 finalists are as follows: Annie Nhat Anh Tran, MSIG Asia. Tran's research explores how courageous leadership is the key to unlocking growth in emerging markets. Beth Carter, Protective Life Insurance. Carter extolls the
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, October 31, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA's website, www.rgare.com. RGA will host a conference call to discuss the third quarter results beginning at 10 a.m. Eastern Time on Friday, November 1. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 international) and asking to be joined into the Reinsurance Group of America, Incorporated (RGA) call. Participants are asked to call the assigned number approximately 15 minutes before the conference call begins. A live audio w
CHICAGO, Sept. 12, 2024 /PRNewswire/ -- The Society of Actuaries (SOA) Research Institute, in collaboration with Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, announced findings from new research on behavioral science for the life insurance sector. This research simulated online term life insurance purchasing to test behavioral science techniques. This research highlights techniques insurers can use to simplify and improve life insurance purchasing for consumers.The research report "Searching for Simplicity: Using Behavioral Science to make Life Insurance Product Information Simple and Effective" provides insights on how insurers can help
Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, today announced it has reached an agreement with American National Insurance Company and its affiliates (collectively, "American National") to reinsure a diversified block of life business through a coinsurance arrangement. Under the agreement, approximately $3.5 billion of American National's statutory reserves will be transferred to subsidiaries of RGA. Policyholder service and support will remain with American National. "We're pleased to expand our relationship with American National as a valued client through this tailored coinsurance agreement. This transaction exemplifies our close col
Second Quarter Results Net income available to RGA shareholders of $3.03 per diluted share Adjusted operating income* of $5.48 per diluted share Premium growth of 17.5% over the prior-year quarter, 18.5% on a constant currency basis1 ROE of 9.7%, adjusted operating ROE* of 15.3% for the trailing twelve months Increased quarterly dividend 4.7% to $0.89 per share Deployed capital of $307 million into in-force transactions 1 Actual amounts reflect impact of currency fluctuations. Constant currency amounts reflect foreign denominated activity translated to U.S. dollars at a constant exchange rate. Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global pro
Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, today announced the appointment of Alison Rand to its Board of Directors. Ms. Rand begins her service on April 1, 2024. "Throughout Alison's tenure as an executive leader, she has been a driving force behind achieving financial excellence and fostering investor trust," said Tony Cheng, President and CEO, RGA. "Her expertise as a former chief financial officer, combined with her background in corporate finance and risk management, will be pivotal as we execute on our enterprise strategy and continue our trajectory of growth and success." "Alison's comprehensive knowledge, spanning investor
Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, today announced the appointment of Michele Bang to its Board of Directors. Ms. Bang began her service on October 1, 2023. "Michele brings strong expertise in the asset management and insurtech sectors across the Asia Pacific region, which will serve RGA well as we seek to capitalize on growth opportunities in the region and around the world," said Anna Manning, CEO, RGA. "Beyond her work in financial services, Michele's experience advising startups and investing in emerging businesses will also provide valuable insight to our organization." "With more than 30 years of experience in financi
Everest Re Group, Ltd. ("Everest") (NYSE:RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced the appointment of Hazel McNeilage as an independent, non-executive member of its Board of Directors, effective immediately. "Hazel's extensive global business experience and exceptional leadership acumen make her a valuable addition to Everest's Board," said Juan C. Andrade, Everest President and CEO. "Hazel brings a diverse, global perspective from decades of experience leading corporate growth and transformation strategies spanning five continents. I look forward to working closely with Hazel as we continue to
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) a leading global life and health reinsurer, today announced the election of Shundrawn A. Thomas to its Board of Directors. Mr. Thomas will begin his service on February 1, 2021. The addition of Mr. Thomas increases the number of RGA directors to 12. “With more than 25 years in the financial services industry, Shundrawn is a respected and trusted leader with deep experience working with and developing executive leadership teams,” said Anna Manning, President and Chief Executive Officer, RGA. “In addition to his expertise in launching and developing financial services products and investment funds, I
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
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10-Q - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
10-Q - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
8-K - REINSURANCE GROUP OF AMERICA INC (0000898174) (Filer)
TD Cowen initiated coverage of Reinsurance Group of America with a rating of Hold and set a new price target of $235.00
Barclays initiated coverage of Reinsurance Group of America with a rating of Overweight and set a new price target of $255.00
Jefferies upgraded Reinsurance Group of America from Hold to Buy and set a new price target of $189.00 from $171.00 previously
Jefferies downgraded Reinsurance Group of America from Buy to Hold and set a new price target of $160.00 from $170.00 previously
Raymond James initiated coverage of Reinsurance Group of America with a rating of Strong Buy and set a new price target of $199.00
Wells Fargo initiated coverage of Reinsurance Group of America with a rating of Overweight and set a new price target of $163.00
Citigroup upgraded Reinsurance Group of America from Sell to Buy and set a new price target of $158.00 from $133.00 previously
Evercore ISI upgraded Reinsurance Group of America from In-line to Outperform and set a new price target of $167.00 from $148.00 previously
RBC Capital Mkts upgraded Reinsurance Group of America from Sector Perform to Outperform and set a new price target of $170.00 from $145.00 previously
JP Morgan downgraded Reinsurance Group of America from Overweight to Neutral and set a new price target of $136.00