Reinsurance Group of America (RGA)
Financials · Life and health reinsurance
A global reinsurer providing traditional life, health, disability, and long-term care coverage to insurance companies across North America, Europe, Asia, and beyond.
What Reinsurance Group of America does
RGA is a leading global reinsurance holding company that provides traditional life and health reinsurance to insurance companies worldwide. The company writes facultative and automatic reinsurance treaties covering individual and group life, health, disability, long-term care, and critical illness policies across geographic segments including the U.S., Latin America, Canada, Europe, Middle East and Africa, and Asia Pacific. RGA also offers financial solutions business and operates through traditional reinsurance arrangements that help ceding companies reduce net risk, enhance financial strength, stabilize operating results, and meet regulatory requirements.
Themes: ["Life reinsurance","Health and disability reinsurance","Long-term care solutions","Asset-intensive reinsurance","Global insurance risk management"]
Fundamentals
- Price$230.49 as of 2026-07-09 close
- Market cap$15.1B as of 2026-07-10
- 1-year return+18.0% as of 2026-07-09 close
- P/E12.31 as of 2026-07-10
- Net margin+4.9% as of 2026-07-10
- ROE+9.5% as of 2026-07-10
- Debt / equity0.46 as of 2026-07-10
- Revenue growth (YoY)+18.6% as of 2026-07-10
- Revenue CAGR (3y)+13.5% SEC XBRL
- Beta0.48 as of 2026-07-10
Dividend: yield +1.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Mortality, morbidity, and claims experience variations that differ from pricing assumptions, directly impacting underwriting results and profitability","Investment performance and market conditions affecting asset valuations, portfolio yields, and capital requirements, particularly given dependence on third-party investment managers and market volatility from inflation and geopolitical instability","Recapture rights exercised by ceding companies reducing future premium streams, and dependence on financial stability of major clients and reinsurers whose deterioration could harm RGA's business"]
Competitors & peers
- Munich Re (MRH)
- Swiss Re (SREN)
- Everest Re (RE)
- Axis Capital (AXS)
- PartnerRe (PRH)
- Aspen Insurance (AHL)
- Arch Capital (ACGL)
- Transatlantic Holdings (TRH)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.