STOCK TITAN

Reinsurance Group of America, Incorporated - RGA STOCK NEWS

Welcome to our dedicated page for Reinsurance Group of America, Incorporated news (Ticker: RGA), a resource for investors and traders seeking the latest updates and insights on Reinsurance Group of America, Incorporated stock.

Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global life and health reinsurance company, with approximately $3.7 trillion of life reinsurance in force and assets of $97.6 billion as of December 31, 2023. Founded in 1973, RGA provides specialized solutions and expertise to help insurance companies manage risk and optimize capital. With operations in 27 countries including the United States, Canada, Europe, Asia, and Australia, RGA supports clients with a diverse range of products and services.

Business Lines: The company’s core business lines include individual life reinsurance, health reinsurance, long-term care reinsurance, group reinsurance, and financial solutions. RGA is a global leader in facultative underwriting, having processed nearly 5 million facultative cases since 1979. Additionally, RGA offers product development, risk management, e-underwriting solutions, and client training opportunities.

Recent Achievements and Partnerships: Recently, RGA announced a groundbreaking collaboration with LIBRA Insurance Partners and DigitalOwl. This partnership leverages DigitalOwl's AI technology to enhance RGA’s facultative underwriting program, significantly improving the efficiency of the life insurance case submission process. Another major milestone is a $5.8 billion reinsurance deal with Manulife Financial Corporation, marking the largest Universal Life reinsurance transaction in Canada's insurance industry.

Financial Condition: RGA remains financially robust with a substantial asset base and a significant volume of life reinsurance in force. The company’s solid financial foundation enables it to engage in large-scale transactions and forge strategic partnerships.

Global Reach and Impact: With operations spanning across continents, RGA is dedicated to making financial protection accessible globally. The company’s relentless pursuit of innovation and client-focused approach positions it as a trusted partner in the reinsurance industry.

To learn more about Reinsurance Group of America, Incorporated, visit www.rgare.com or follow RGA on LinkedIn and Facebook.

Rhea-AI Summary
Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, November 2, at approximately 4:15 p.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
-
Rhea-AI Summary
Felicia Er of MSIG Asia wins the RGA Leaders of Tomorrow 2023 award for her research on Empathetic Leadership, focusing on gender diversity in the corporate landscape. Honorable mentions include Joyce Liow of Milliman for her paper on Sustainable Investment and Joseph Strathman of Transamerica for connecting with the Underserved Population Segments. RGA, the sponsor of the program, aims to support and motivate insurance professionals with executive leadership potential. The program has included a total of 76 candidates from 16 countries since 2015. The winners will present at the Global Insurance Forum in Singapore. Mentors for the program include executives from AXA Group, RGA, Milliman, and Prudential, among others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
-
Rhea-AI Summary
Reinsurance Group of America (RGA) appoints Michele Bang to its Board of Directors, bringing expertise in asset management and insurtech sectors in Asia Pacific. RGA aims to capitalize on growth opportunities in the region and globally. Ms. Bang's experience in financial services and insurance will provide valuable insight. No concrete positive or negative impact on stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
management
Rhea-AI Summary
RGA reported a strong second quarter with net income available to RGA shareholders of $3.05 per diluted share, adjusted operating income of $4.40 per diluted share, and premium growth of 3.3% over the prior-year quarter. The company also increased its quarterly dividend by 6.3% to $0.85 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
partnership
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
none

FAQ

What is the current stock price of Reinsurance Group of America, Incorporated (RGA)?

The current stock price of Reinsurance Group of America, Incorporated (RGA) is $223.86 as of January 22, 2025.

What is the market cap of Reinsurance Group of America, Incorporated (RGA)?

The market cap of Reinsurance Group of America, Incorporated (RGA) is approximately 14.8B.

What does Reinsurance Group of America, Incorporated do?

RGA provides life and health reinsurance solutions, offering products such as individual life reinsurance, group reinsurance, financial solutions, and more.

Which are the main business lines of RGA?

RGA’s core business lines include individual life reinsurance, health reinsurance, long-term care reinsurance, group reinsurance, and financial solutions.

What are some notable recent achievements of RGA?

Recent achievements include a collaboration with LIBRA Insurance Partners and DigitalOwl to enhance underwriting efficiency and a $5.8 billion reinsurance deal with Manulife Financial Corporation.

How financially strong is RGA?

RGA is financially robust with approximately $3.7 trillion of life reinsurance in force and assets of $97.6 billion as of December 31, 2023.

In how many countries does RGA operate?

RGA operates in 27 countries, including the United States, Canada, Europe, Asia, and Australia.

What is RGA's expertise in facultative underwriting?

RGA is a global leader in facultative underwriting, having processed nearly 5 million facultative cases since 1979.

What types of solutions does RGA offer beyond reinsurance?

Beyond reinsurance, RGA offers product development, risk management, e-underwriting solutions, and client training opportunities.

Where can I learn more about RGA?

For more information, visit RGA's official website at www.rgare.com or follow them on LinkedIn and Facebook.

Who are some of RGA's recent partners?

Recent partners include LIBRA Insurance Partners and DigitalOwl.

What purpose drives RGA's operations?

RGA is guided by the purpose of making financial protection accessible to all through innovation, execution, and client focus.
Reinsurance Group of America, Incorporated

NYSE:RGA

RGA Rankings

RGA Stock Data

14.79B
65.55M
0.41%
97.2%
0.49%
Insurance - Reinsurance
Life Insurance
Link
United States of America
CHESTERFIELD