Financial Services - Insurance - Reinsurance - NYSE - US
$ 24.93
-0.32 %
$ 15.1 B
Market Cap
4.09
P/E
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.[ Read More ]
The intrinsic value of one RZB stock under the base case scenario is HIDDEN Compared to the current market price of 24.9 USD, Reinsurance Group of America, Incorporated is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart RZB
FINANCIALS
18.6 B
REVENUE
0
OPERATING INCOME
902 M
NET INCOME
4.04 B
OPERATING CASH FLOW
-4.07 B
INVESTING CASH FLOW
78 M
FINANCING CASH FLOW
5.6 B
REVENUE
298 M
OPERATING INCOME
50 M
NET INCOME
7.77 B
OPERATING CASH FLOW
-8.94 B
INVESTING CASH FLOW
2.92 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Reinsurance Group of America, Incorporated
| Current Assets | 2.97 B |
| Cash & Short-Term Investments | 2.97 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 94.7 B |
| Long-Term Investments | 7.76 B |
| PP&E | -19.3 B |
| Other Non-Current Assets | 106 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 88.5 B |
| Long-Term Debt | 4.43 B |
| Other Non-Current Liabilities | 84 B |
EFFICIENCY
Earnings Waterfall
Reinsurance Group of America, Incorporated
| Revenue | 18.6 B |
| Cost Of Revenue | 1.09 B |
| Gross Profit | 17.5 B |
| Operating Expenses | 18.3 B |
| Operating Income | 0 |
| Other Expenses | -902 M |
| Net Income | 902 M |
RATIOS
94.14%
GROSS MARGIN
0.00%
OPERATING MARGIN
4.86%
NET MARGIN
9.93%
ROE
0.92%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Reinsurance Group of America, Incorporated
| Net Income | 902 M |
| Depreciation & Amortization | 41 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 3.14 B |
| Others | 3.1 B |
| Free Cash Flow | 4.04 B |
Wall Street Analysts Price Targets
Reinsurance Group of America, Incorporated
RZB has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.19%
DIVIDEND YIELD
0.359 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Reinsurance Group of America, Incorporated
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
273 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
73.4 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
9 months ago
Feb 15, 2024
|
Sell 273 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 1588
|
171.83 USD |
|
11 months ago
Dec 13, 2023
|
Bought 73.4 K USD
|
HERRMANN RONALD
EVP |
+ 440
|
166.78 USD |
|
1 year ago
Nov 10, 2023
|
Sell 82.1 K USD
|
HERRMANN RONALD
EVP |
- 510
|
161.05 USD |
|
1 year ago
May 23, 2023
|
Sell 51.8 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 345
|
150.11 USD |
|
1 year ago
May 17, 2023
|
Sell 629 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 4191
|
150.02 USD |
|
1 year ago
May 18, 2023
|
Sell 293 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 1952
|
150.03 USD |
|
1 year ago
May 16, 2023
|
Sell 152 K USD
|
LARSON TODD C
SEVP, Chief Financial Officer |
- 1018
|
148.96 USD |
|
1 year ago
May 10, 2023
|
Sell 100 K USD
|
Hayden John W.
EVP, Controller |
- 676
|
148.41 USD |
|
2 years ago
May 10, 2022
|
Sell 118 K USD
|
Detrick Christine Rose
Director |
- 1043
|
113.3942 USD |
|
2 years ago
May 10, 2022
|
Sell 369 K USD
|
Detrick Christine Rose
Director |
- 3257
|
113.3249 USD |
|
2 years ago
Dec 28, 2021
|
Sell 94.4 K USD
|
GAUTAM ALKA
EVP & CEO, RGA CANADA |
- 858
|
110.05 USD |
|
3 years ago
Aug 06, 2021
|
Sell 365 K USD
|
Detrick Christine Rose
Director |
- 3000
|
121.7 USD |
|
4 years ago
Mar 18, 2020
|
Sell 63.1 K USD
|
Sievert Frederick James
Director |
- 960
|
65.77 USD |
|
4 years ago
Jan 31, 2020
|
Bought 289 K USD
|
Guinn Patricia Lynn
Director |
+ 2000
|
144.29 USD |
|
4 years ago
Nov 27, 2019
|
Sell 335 K USD
|
Laughlin John P Jr
EVP |
- 2000
|
167.6001 USD |
|
5 years ago
Nov 14, 2019
|
Sell 221 K USD
|
Laughlin John P Jr
EVP |
- 1336
|
165.5964 USD |
|
5 years ago
Nov 14, 2019
|
Sell 635 K USD
|
Manning Anna
President, CEO |
- 3835
|
165.4688 USD |
|
5 years ago
Nov 04, 2019
|
Sell 265 K USD
|
GAUTAM ALKA
EVP, Pres & CEO, RGA Canada |
- 1596
|
166.1735 USD |
|
5 years ago
Nov 04, 2019
|
Sell 162 K USD
|
GAUTAM ALKA
EVP, Pres & CEO, RGA Canada |
- 977
|
165.36 USD |
|
5 years ago
Sep 25, 2019
|
Sell 678 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 4200
|
161.4139 USD |
|
5 years ago
Sep 13, 2019
|
Sell 240 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 1500
|
160 USD |
|
5 years ago
Sep 09, 2019
|
Sell 237 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 1500
|
158.1493 USD |
|
5 years ago
Aug 15, 2019
|
Sell 116 K USD
|
Boot Arnoud W.A.
Director |
- 800
|
145.12 USD |
|
5 years ago
Jun 28, 2019
|
Sell 470 K USD
|
Laughlin John P Jr
EVP |
- 3000
|
156.8082 USD |
|
5 years ago
May 10, 2019
|
Sell 543 K USD
|
Neemeh Alain
SEVP |
- 3668
|
148.0006 USD |
|
5 years ago
Feb 25, 2019
|
Sell 174 K USD
|
HENDERSON ALAN C
Director |
- 1200
|
145 USD |
|
5 years ago
Feb 15, 2019
|
Sell 259 K USD
|
Hayden John W.
SVP, Controller |
- 1797
|
144.1872 USD |
|
5 years ago
Feb 13, 2019
|
Sell 137 K USD
|
HENDERSON ALAN C
Director |
- 947
|
145 USD |
|
5 years ago
Feb 07, 2019
|
Sell 394 K USD
|
Laughlin John P Jr
EVP |
- 2753
|
143.189 USD |
|
5 years ago
Nov 30, 2018
|
Sell 598 K USD
|
Manning Anna
President |
- 4034
|
148.2338 USD |
|
5 years ago
Nov 27, 2018
|
Sell 146 K USD
|
Laughlin John P Jr
EVP |
- 1000
|
146.265 USD |
|
5 years ago
Nov 28, 2018
|
Sell 150 K USD
|
Laughlin John P Jr
EVP |
- 1000
|
150 USD |
|
6 years ago
Nov 06, 2018
|
Sell 90.5 K USD
|
Boot Arnoud W.A.
Director |
- 620
|
146 USD |
|
6 years ago
Jul 31, 2018
|
Bought 140 K USD
|
Gauthier John J
Director |
+ 1000
|
140.19 USD |
|
6 years ago
May 07, 2018
|
Sell 454 K USD
|
Neemeh Alain
SEVP |
- 2955
|
153.6622 USD |
|
7 years ago
Mar 02, 2017
|
Bought 648 USD
|
Detrick Christine Rose
Director |
+ 4.894
|
132.38 USD |
|
7 years ago
Nov 29, 2016
|
Bought 646 USD
|
Detrick Christine Rose
Director |
+ 5.3
|
121.83 USD |
|
8 years ago
Aug 30, 2016
|
Bought 643 USD
|
Detrick Christine Rose
Director |
+ 6.065
|
106.05 USD |
|
8 years ago
May 31, 2016
|
Bought 578 USD
|
Detrick Christine Rose
Director |
+ 5.84
|
99.03 USD |
|
8 years ago
Mar 01, 2016
|
Bought 1.22 K USD
|
Detrick Christine Rose
Director |
+ 13.474
|
90.79 USD |
|
8 years ago
Dec 01, 2015
|
Bought 1.22 K USD
|
Detrick Christine Rose
Director |
+ 13.219
|
92.17 USD |
|
10 years ago
May 30, 2014
|
Bought 469 USD
|
Detrick Christine Rose
Director |
+ 6
|
78.15 USD |
|
6 years ago
Feb 16, 2018
|
Sell 62.1 K USD
|
Boot Arnoud W.A.
Director |
- 400
|
155.26 USD |
|
6 years ago
Feb 08, 2018
|
Sell 82.8 K USD
|
HENDERSON ALAN C
Director |
- 556
|
148.8382 USD |
|
6 years ago
Dec 26, 2017
|
Sell 77.8 K USD
|
Laughlin John P Jr
EVP |
- 500
|
155.6037 USD |
|
7 years ago
Nov 06, 2017
|
Sell 150 K USD
|
Laughlin John P Jr
EVP |
- 1000
|
149.9608 USD |
|
7 years ago
Oct 31, 2017
|
Sell 98.5 K USD
|
Detrick Christine Rose
Director |
- 659
|
149.5 USD |
|
7 years ago
Aug 15, 2017
|
Sell 273 K USD
|
Laughlin John P Jr
EVP |
- 1941
|
140.7745 USD |
|
7 years ago
Aug 14, 2017
|
Sell 61.5 K USD
|
HENDERSON ALAN C
Director |
- 440
|
139.87 USD |
|
7 years ago
Aug 04, 2017
|
Sell 238 K USD
|
Neemeh Alain
SEVP |
- 1700
|
140.2677 USD |
|
7 years ago
Aug 07, 2017
|
Sell 809 K USD
|
Neemeh Alain
SEVP |
- 5800
|
139.5219 USD |
|
7 years ago
Aug 01, 2017
|
Sell 561 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 4000
|
140.33 USD |
|
7 years ago
Aug 03, 2017
|
Sell 48 K USD
|
HUTTON WILLIAM L
EVP, General Counsel & Secy. |
- 339
|
141.5249 USD |
|
7 years ago
Aug 01, 2017
|
Sell 105 K USD
|
Detrick Christine Rose
Director |
- 750
|
139.5 USD |
|
7 years ago
May 02, 2017
|
Sell 63.5 K USD
|
Detrick Christine Rose
Director |
- 500
|
127 USD |
|
7 years ago
Feb 07, 2017
|
Sell 127 K USD
|
Boot Arnoud W.A.
Director |
- 1000
|
127.1937 USD |
|
8 years ago
Nov 01, 2016
|
Sell 614 K USD
|
Neemeh Alain
SEVP |
- 5705
|
107.66 USD |
|
8 years ago
Aug 29, 2016
|
Sell 210 K USD
|
Hayden John W.
SVP, Controller |
- 1988
|
105.42 USD |
|
8 years ago
Aug 26, 2016
|
Sell 212 K USD
|
Manning Anna
President |
- 2015
|
105.22 USD |
|
8 years ago
Aug 09, 2016
|
Sell 2.39 M USD
|
LAY JACK B
SEVP |
- 23743
|
100.8 USD |
|
8 years ago
Aug 05, 2016
|
Sell 3.13 M USD
|
WOODRING A GREIG
Chief Executive Officer |
- 31058
|
100.624 USD |
7. News
Reinsurance Group of America, Incorporated (RGA) Q2 2024 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q2 2024 Results Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Jeffrey Hopson - Senior Vice President, Investor Relations Tony Cheng - President and Chief Executive Officer Todd Larson - Senior Executive Vice President and Chief Financial Officer Jonathan Porter - Chief Risk Officer Leslie Barbi - Chief Investment Officer Conference Call Participants Joel Hurwitz - Dowling & Partners Wes Carmichael - Autonomous Research Jimmy Bhullar - J.P. Morgan Elyse Greenspan - Wells Fargo Ryan Krueger - Keefe, Bruyette & Woods, Inc. Suneet Kamath - Jefferies Thomas Gallagher - Evercore ISI John Barnidge - Piper Sandler Michael Ward - Citigroup Operator Good day and welcome to the Reinsurance Group of America, Incorporated second quarter 2024 earnings conference call.
seekingalpha.com
- 3 months ago
Reinsurance Group of America, Incorporated (RGA) Q4 2023 Earnings Call Transcript
Reinsurance Group of America, Incorporated (RGA) Q4 2023 Earnings Call Transcript
seekingalpha.com
- 9 months ago
Reinsurance Group of America, Incorporated (RGA) Q3 2023 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Todd Larson - Senior Executive Vice President and Chief Financial Officer Anna Manning - Chief Executive Officer Tony Cheng - President Jonathan Porter - Executive Vice President and Global Chief Risk Officer Leslie Barbi - Executive Vice President and Chief Investment Officer Conference Call Participants Ryan Krueger - KBW Wesley Carmichael - Wells Fargo Joel Hurwitz - Dowling & Partners Thomas Gallagher - Evercore ISI Tracy Benguigui - Barclays Suneet Kamath - Jefferies Michael Ward - UBS Alex Scott - Goldman Sachs Operator Good day and welcome to the Reinsurance Group of America Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.
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- 1 year ago
17 Upcoming Dividend Increases, Including 2 Dividend Kings
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- 1 year ago
Reinsurance Group of America, Incorporated (RGA) Q2 2023 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Todd Larson - Senior Executive Vice President and Chief Financial Officer Anna Manning - Chief Executive Officer Tony Cheng - President Leslie Barbi - Chief Investment Officer Jonathan Porter - Chief Risk Officer Conference Call Participants Jimmy Bhullar - JPMorgan John Barnidge - Piper Sandler Wes Carmichael - Wells Fargo Tracy Benguigui - Barclays Erik Bass - Autonomous Research Suneet Kamath - Jefferies Ryan Krueger - KBW Tom Gallagher - Evercore Alex Scott - Goldman Sachs Mike Ward - Citi Operator Good day and welcome to the Reinsurance Group of America Inc. Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
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- 1 year ago
Preferred Updates: Eagle Point Offering, Past IPOs Below Par
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- 1 year ago
Reinsurance Group of America, Incorporated (RGA) Q4 2022 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q4 2022 Earnings Conference Call February 3, 2022 10:00 AM ET Company Participants Jeff Hopson - Head, Investor Relations Todd Larson - Senior Executive Vice President and CFO Anna Manning - President and CEO Leslie Barbi - Chief Investment Officer Jonathan Porter - Chief Risk Officer Conference Call Participants Jimmy Bhullar - JPMorgan John Barnidge - Sandler O'Neill Ryan Krueger - KBW Dan Bergman - Jefferies Erik Bass - Autonomous Research Tom Gallagher - Evercore ISI Tracy Benguigui - Barclays Mike Ward - Citi Andrew Kligerman - Credit Suisse Alex Scott - Goldman Sachs Operator Good day, and welcome to the Reinsurance Group of America Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
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- 1 year ago
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- 1 year ago
Reinsurance Group of America, Incorporated (RGA) Q3 2022 Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Todd Larson - Senior Executive Vice President and CFO Anna Manning - President and CEO Leslie Barbi - Chief Investment Officer Jonathan Porter - Chief Risk Officer Jeff Hopson - Head, Investor Relations Conference Call Participants Erik Bass - Autonomous Research Dan Bergman - Jefferies Ryan Krueger - KBW John Barnidge - Sandler O'Neill Jimmy Bhullar - JPMorgan Alex Scott - Goldman Sachs Operator Welcome to the Reinsurance Group of America's Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
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- 2 years ago
Reinsurance Group of America, Incorporated (RGA) CEO Anna Manning on Q2 2022 Results - Earnings Call Transcript
Reinsurance Group of America, Incorporated (NYSE:RGA ) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Anna Manning - President and Chief Executive Officer Todd Larson - Senior Executive Vice President and Chief Financial Officer Leslie Barbi - Executive Vice President and Chief Investment Officer Jonathan Porter - Executive Vice President and Global Chief Risk Officer Conference Call Participants Jamminder Bhullar - JPMorgan Chase & Co. Erik Bass - Autonomous Research John Barnidge - Piper Sandler & Co. Ryan Krueger - KBW Tom Gallagher - Evercore ISI Alexander Scott - Goldman Sachs Group Andrew Kligerman - Crédit Suisse Michael Ward - Citi Daniel Bergman - Jefferies Operator Good day, and welcome to the Reinsurance Group of America Second Quarter 2022 Results Conference Call. Today's call is being recorded.
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- 2 years ago
Reinsurance Group of America, Inc. (RGA) CEO Anna Manning on Q1 2022 Results - Earnings Call Transcript
Reinsurance Group of America, Inc. (NYSE:RGA ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Todd Larson - Senior EVP & CFO Anna Manning - President & CEO Leslie Barbi - EVP & CIO Jonathan Porter - EVP & Global Chief Risk Officer Conference Call Participants John Barnidge - Piper Sandler & Co. Jamminder Bhullar - JPMorgan Chase & Co. Andrew Kligerman - Crédit Suisse Erik Bass - Autonomous Research Alexander Scott - Goldman Sachs Group Ryan Krueger - KBW Daniel Bergman - Jefferies Operator Good day, and welcome to the Reinsurance Group of America First Quarter 2022 Results Conference Call. Today's call is being recorded.
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8. Profile Summary
Reinsurance Group of America, Incorporated RZB
COUNTRY
US
INDUSTRY
Insurance - Reinsurance
MARKET CAP
$ 15.1 B
Dividend Yield
1.19%
Description
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.
Contact
16600 Swingley Ridge Road, Chesterfield, 63017-1706
http://www.rgare.com
IPO Date
June 13, 2016
Employees
3900
Officers
Mr. Jonathan William Porter FCIA, FSA
Executive Vice President & Global Chief Risk Officer
Catie Muccigrosso
Vice President, Chief Underwriter - U.S. Mortality Markets
Lynn Phillips
Vice President of Corporate Communications
Mr. Ronald Paul Herrmann CFP
Executive Vice President & Head of the Americas - RGA Reinsurance Company
Mr. J. Jeffrey Hopson
Senior Vice President of Investor Relations
Mr. Raymond Kleeman
Executive Vice President & Chief Human Resources Officer
Mr. Mark J. Brooks
Executive Vice President & Chief Information Officer
Mr. Tony Cheng F.S.A.
President, Chief Executive Officer & Director
Ms. Leslie Ann Barbi
Executive Vice President & Chief Investment Officer
Mr. Todd Cory Larson
Special Advisor to the Chief Executive Officer