Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $91.62 USD
Change Today -1.26 / -1.36%
Volume 588.3K
RGA On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

reinsurance group of america (RGA) Snapshot

Open
$91.51
Previous Close
$92.88
Day High
$92.71
Day Low
$91.33
52 Week High
04/13/15 - $95.08
52 Week Low
10/16/14 - $72.34
Market Cap
6.2B
Average Volume 10 Days
346.2K
EPS TTM
$8.68
Shares Outstanding
67.4M
EX-Date
05/5/15
P/E TM
10.6x
Dividend
$1.32
Dividend Yield
1.41%
Current Stock Chart for REINSURANCE GROUP OF AMERICA (RGA)

reinsurance group of america (RGA) Related Businessweek News

No Related Businessweek News Found

reinsurance group of america (RGA) Details

Reinsurance Group of America, Incorporated engages in the reinsurance business. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. The company also provides reinsurance for mortality, morbidity, and lapse risk associated with products; and reinsurance for investment-related risks, as well as develops and markets technology solutions for the insurance industry. It serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

2,070 Employees
Last Reported Date: 03/2/15
Founded in 1973

reinsurance group of america (RGA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $598.1K
Chief Operating Officer and Senior Executive ...
Total Annual Compensation: $535.8K
Head of Europe, Middle East & South Africa Ma...
Total Annual Compensation: $547.9K
Head of Asia Markets and Executive Vice Presi...
Total Annual Compensation: $463.6K
Compensation as of Fiscal Year 2014.

reinsurance group of america (RGA) Key Developments

Reinsurance Group of America Inc. Declares Regular Quarterly Dividend, Payable on May 28, 2015; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

The board of directors of Reinsurance Group of America Inc. declared a regular quarterly dividend of $0.33, payable May 28, 2015 to shareholders of record as of May 7, 2015. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating income of $121.8 million, or $1.77 per diluted share, compared with $114.8 million, or $1.61 per diluted share, in the prior-year quarter. Net income totaled $125.1 million, or $1.81 per diluted share, compared with $136.7 million, or $1.92 per diluted share, the year before. Consolidated net premiums totaled $2,023,852,000, down 4% from $2,100,637,000 last year’s first quarter. Current-period premiums reflect a $112 million reduction associated with the previously announced fourth-quarter 2014 U.S. retrocession agreement, along with adverse foreign currency effects of approximately $97 million. Excluding those effects, premiums increased 6% versus the prior-year quarter. Investment income increased 6% to $426.9 million this period, primarily due to a larger average invested asset base. Book value per share was $107.62 against $89.92 a year ago. Book value per share (excl. Accumulated Other Comprehensive Income AOCI) was $79.26 against $71.51 a year ago. Income before income taxes was $184,125,000 against $199,440,000 a year ago.

Citigroup To Reportedly Sell Prime Reinsurance

Citigroup Inc. (NYSE:C) is preparing to sell Prime Reinsurance Company, Inc. a subsidiary created five years ago to ease the spinoff of life insurer Primerica Inc., according to people familiar with the process. The unit, could draw interest from Reinsurance Group of America Inc. (NYSE:RGA), Resolution Re Reinsurance Intermediaries, LLC and other firms that specialize in buying blocks of complicated insurance contracts, said two of the people. Jennifer Lowney, a Citigroup spokeswoman, and Sally Smith of RGA declined to comment. A spokesman for Resolution Re couldn’t immediately be reached.

Reinsurance Group of America Inc. to Report Q1, 2015 Results on Apr 23, 2015

Reinsurance Group of America Inc. announced that they will report Q1, 2015 results at 4:15 PM, US Eastern Standard Time on Apr 23, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RGA:US $91.62 USD -1.26

RGA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Assurant Inc $60.09 USD -0.41
Erie Indemnity Co $85.67 USD -0.21
PartnerRe Ltd $129.04 USD 0.00
SCOR SE €32.86 EUR -0.18
Unum Group $33.68 USD -0.02
View Industry Companies
 

Industry Analysis

RGA

Industry Average

Valuation RGA Industry Range
Price/Earnings 9.5x
Price/Sales 0.6x
Price/Book 0.9x
Price/Cash Flow 9.2x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact REINSURANCE GROUP OF AMERICA, please visit www.rgare.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.