RGA: Reinsurance Group of America, Inc.
About
Reinsurance Group of America, Inc. is a holding company, which engages in the provision of traditional and non-traditional life and health reinsurance products. It operates through the following segments: U.S. and Latin America, Canada, Europe, Middle East, and Africa, Asia Pacific, and Corporate and Other. The U.S. and Latin America segment markets individual and group life and health reinsurance to domestic clients for a variety of products through yearly renewable term agreements, coinsurance, and modified coinsurance. The Canada segment offers individual life reinsurance, and, to a lesser extent, creditor, group life and health, critical illness, and disability reinsurance, through yearly renewable term and coinsurance agreements. The Europe, Middle East, and Africa segment serves individual and group life and health products through yearly renewable term and coinsurance agreements, reinsurance of critical illness coverage that provides a benefit in the event of the diagnosis of a pre-defined critical illness, and underwritten annuities. The Asia Pacific segment consists of individual and group life and health reinsurance, critical illness coverage, disability, and superannuation through yearly renewable term and coinsurance agreements. The Corporate and Other segment consists of investment income from unallocated invested assets, investment related gains, and losses and service fees. The company was founded in 1973 and is headquartered in Chesterfield, MO.
Current Value
$228.941 Year Return
Current Value
$228.941 Year Return
Key Details
Market Cap
$14.97B
P/E Ratio
20.92
1Y Stock Return
41.90%
1Y Revenue Growth
21.64%
Dividend Yield
2.04%
Price to Book
1.3
Strategies that include RGA
Stock's related to RGA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PRU | 64.44% | $44.36B | +32.25% | 5.15% |
| L | 61.08% | $18.32B | +23.54% | 0.30% |
| MET | 60.73% | $57.21B | +32.74% | 2.60% |
| UNM | 58.59% | $13.16B | +69.20% | 2.16% |
| CNO | 57.42% | $4.02B | +51.36% | 1.60% |
| EQH | 57.21% | $14.60B | +65.31% | 1.98% |
| BRK.B | 56.49% | $1.01T | +29.88% | 0.00% |
| JXN | 55.52% | $7.35B | +117.92% | 2.75% |
| AXS | 55.27% | $7.14B | +55.12% | 2.06% |
| GNW | 54.04% | $3.17B | +28.32% | 0.00% |
| AIG | 53.33% | $46.97B | +15.90% | 2.01% |
| PRI | 52.71% | $9.94B | +42.36% | 1.02% |
| AIZ | 52.37% | $11.24B | +33.00% | 1.31% |
| EG | 51.28% | $15.92B | -8.98% | 2.02% |
| LNC | 50.77% | $5.82B | +45.21% | 5.25% |
| RLI | 50.68% | $8.01B | +29.25% | 0.64% |
| CINF | 50.46% | $23.54B | +48.25% | 2.10% |
| AFL | 50.45% | $61.74B | +35.69% | 1.35% |
| VOYA | 50.41% | $7.69B | +13.25% | 2.06% |
| SPNT | 49.59% | $2.41B | +43.68% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| UTZ | 0.01% | $1.37B | +26.87% | 1.41% |
| FMS | -0.02% | $12.97B | +12.47% | 2.97% |
| SLE | 0.09% | $8.82M | -63.18% | 0.00% |
| COGT | -0.10% | $1.00B | +31.69% | 0.00% |
| LPTX | -0.13% | $103.46M | +10.66% | 0.00% |
| MLCO | -0.14% | $2.51B | -16.48% | 0.00% |
| UMH | 0.20% | $1.54B | +39.30% | 4.39% |
| AGS | 0.21% | $479.25M | +57.18% | 0.00% |
| DMLP | -0.21% | $1.58B | +18.00% | 10.54% |
| QS | 0.24% | $2.54B | -13.31% | 0.00% |
| AGL | 0.26% | $655.11M | -85.55% | 0.00% |
| CYCN | 0.27% | $4.77M | -16.19% | 0.00% |
| WPRT | 0.31% | $76.83M | -36.88% | 0.00% |
| AMC | -0.34% | $1.63B | -34.74% | 0.00% |
| EXPI | -0.34% | $1.97B | +3.63% | 1.56% |
| UNIT | 0.40% | $1.38B | +4.61% | 8.01% |
| ACRS | -0.42% | $327.87M | +415.67% | 0.00% |
| AU | -0.42% | $10.58B | +41.93% | 0.90% |
| INSM | -0.42% | $13.19B | +202.50% | 0.00% |
| QXO | -0.44% | $6.51B | -35.95% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUSA | -21.41% | $16.69M | -11.56% | 0.00% |
| K | -17.63% | $27.77B | +52.50% | 2.79% |
| NOVA | -17.56% | $429.84M | -67.33% | 0.00% |
| ASPS | -16.59% | $22.36M | -80.26% | 0.00% |
| SRRK | -16.12% | $2.61B | +134.91% | 0.00% |
| NIU | -15.72% | $126.87M | -28.79% | 0.00% |
| NAPA | -15.00% | $1.63B | +9.61% | 0.00% |
| TMCI | -14.33% | $483.43M | -8.71% | 0.00% |
| XPEV | -13.66% | $9.68B | -28.05% | 0.00% |
| TPIC | -13.01% | $96.08M | -13.30% | 0.00% |
| SMCI | -11.05% | $16.55B | -2.47% | 0.00% |
| LFVN | -10.56% | $169.84M | +130.61% | 1.10% |
| DNB | -10.26% | $5.29B | +20.54% | 1.69% |
| STG | -10.21% | $35.67M | +7.92% | 0.00% |
| RKT | -10.15% | $2.00B | +53.18% | 0.00% |
| PHYS | -10.01% | - | - | 0.00% |
| TCS | -9.91% | $14.81M | -84.46% | 0.00% |
| EXAS | -9.62% | $9.98B | -17.22% | 0.00% |
| STTK | -9.45% | $54.42M | -50.22% | 0.00% |
| RUN | -9.40% | $2.18B | -16.08% | 0.00% |
ETF's related to RGA
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| KIE | 70.48% | $956.77M | 0.35% |
| IAK | 65.76% | $760.79M | 0.39% |
| IYF | 61.50% | $3.70B | 0.39% |
| XLF | 61.33% | $50.48B | 0.09% |
| RSPA | 60.95% | $273.87M | 0% |
| DVOL | 60.74% | $54.72M | 0.6% |
| VFH | 59.44% | $11.71B | 0.1% |
| FNCL | 59.06% | $2.03B | 0.084% |
| RSPF | 58.09% | $311.69M | 0.4% |
| FXO | 56.70% | $1.02B | 0.62% |
| IXG | 56.42% | $441.53M | 0.42% |
| IYG | 56.34% | $1.62B | 0.39% |
| USMF | 53.02% | $361.80M | 0.28% |
| QQA | 51.65% | $135.01M | 0% |
| EFAA | 50.38% | $117.38M | 0% |
| RWL | 49.99% | $4.09B | 0.39% |
| IWX | 49.83% | $2.42B | 0.2% |
| IAI | 49.80% | $1.72B | 0.4% |
| SMMV | 49.60% | $321.07M | 0.2% |
| PWV | 49.32% | $1.01B | 0.53% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TBLL | 0.05% | $1.92B | 0.08% |
| BILZ | -0.18% | $563.02M | 0.14% |
| DBO | -0.40% | $217.57M | 0.77% |
| DBE | 0.41% | $50.13M | 0.77% |
| KCCA | -0.47% | $220.51M | 0.87% |
| NFLT | -0.48% | $199.18M | 0.5% |
| BYLD | 0.57% | $232.64M | 0.15% |
| BSCO | -0.63% | $2.35B | 0.1% |
| PDBC | 0.64% | $4.40B | 0.59% |
| BOXX | 0.65% | $4.43B | 0.1949% |
| SMMU | 0.65% | $624.12M | 0.35% |
| TLTW | 0.87% | $1.09B | 0.35% |
| UNG | 0.97% | $908.80M | 1.06% |
| JPIB | 0.97% | $502.44M | 0.5% |
| BINC | 1.10% | $6.32B | 0.4% |
| USDU | -1.37% | $201.97M | 0.5% |
| DRSK | -1.39% | $982.87M | 0.78% |
| EMBD | 1.43% | $195.52M | 0.39% |
| DBC | 1.46% | $1.39B | 0.87% |
| BCD | 1.52% | $245.02M | 0.3% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -49.52% | $195.31M | 0.85% |
| TAIL | -46.63% | $67.98M | 0.59% |
| PWZ | -25.56% | $697.36M | 0.28% |
| DFNM | -25.53% | $1.40B | 0.17% |
| FTSM | -25.19% | $6.08B | 0.45% |
| HTAB | -24.09% | $437.10M | 0.4% |
| GOVZ | -23.33% | $313.00M | 0.1% |
| LGOV | -23.22% | $607.48M | 0.67% |
| GOVT | -23.06% | $28.65B | 0.05% |
| EDV | -22.94% | $3.88B | 0.06% |
| ZROZ | -22.77% | $1.63B | 0.15% |
| VGLT | -22.77% | $12.70B | 0.04% |
| TLT | -22.76% | $57.46B | 0.15% |
| FLMI | -22.74% | $356.19M | 0.3% |
| CGMU | -22.72% | $2.53B | 0.27% |
| SPTL | -22.32% | $10.33B | 0.03% |
| GOVI | -22.29% | $1.06B | 0.15% |
| FMB | -21.92% | $2.03B | 0.65% |
| XONE | -21.01% | $548.88M | 0.03% |
| UTWO | -19.55% | $447.63M | 0.15% |
News
Yahoo
Manulife Reaches $5.4-Billion Reinsurance Agreement With Reinsurance Group of America
Yahoo
ST. LOUIS, November 20, 2024--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 pa
Yahoo
State Street's asset management unit partners with Bridgewater to boost core alternative investment strategies. This will strengthen its fee income sources.
SeekingAlpha
Reinsurance Group of America thrived on strong underwriting performance, pension-risk transfer, and longevity markets. See why RGA stock warrants a hold rating.
SeekingAlpha
The fund posted a return of 9.08% (Class I shares) for the third quarter of 2024. Read more here.
Yahoo
BLK gets a commercial license to carry out its business in Abu Dhabi and deepen its presence in the Middle East region.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.