Reinsurance Group of America (RGA): Stock Performance and Recent Developments
Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The firm primarily focuses on traditional life and health reinsurance, along with financial solutions. RGA operates through four segments, providing various life and health reinsurance products across the U.S., Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific region.
Recent Developments:
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February 24, 2025: RGA announced they would reinsure $32 billion of Equitable’s life insurance.
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February 6, 2025: The company reported Q4 2024 earnings, with adjusted EPS of $4.99, missing the FactSet estimate of $5.28. Revenue was $5.24 billion, also below the FactSet estimate of $5.46 billion.
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January 23, 2025: CI FastTrack and RGA partnered to bring digital workflow automation and claims system technology to RGA clients.
Stock Performance:
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5-day change: +5.28%
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Year-to-date change: -0.24%
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1st Jan Change: -6.68%
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Last Close Price: 199.37 USD
Company Profile:
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Employees: 4,100
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Sector: Reinsurance
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Analysts’ Consensus: OUTPERFORM
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Average target price: 253.33 USD
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Spread / Average Target: +27.07%
Disclaimer: This information is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions.