Reinsurance Group of America, Incorporated (RGA)

Over the past six months, RGA's stock price has experienced some fluctuations. As of November 20, 2025, the share price was $184.81, reflecting a decline of 19.36% from $229.17 on November 21, 2024. More recently, as of November 14, 2025, the stock was down 3.32% over the past 30 days and 17.33% for the past 12 months. However, the stock has shown a slight increase of 1.97% compared to the previous week and 0.16% over the last month. A significant event impacting the company in 2025 was a major agreement with Equitable Holdings to reinsure US$32 billion of life insurance liabilities. RGA also reported strong third-quarter 2025 results, surpassing market revenue expectations with sales up 8.7% year-on-year to $6.20 billion and non-GAAP profit exceeding analysts' consensus estimates.

Demand for RGA's products and services appears to be influenced more by market conditions and product innovation than by strict seasonality. The insurance industry experienced a surge of innovation in 2023, with new products emerging across various markets. Annuity sales in the U.S. were climbing due to higher interest rates. RGA's annualized revenue growth of 11.4% over the last two years suggests strong and recently accelerated demand for its offerings. The company also provides quarterly updates on global product developments, indicating a continuous response to evolving market needs.

Reinsurance Group of America, Inc. (RGA) is a global leader in life and health reinsurance and financial solutions, headquartered in Chesterfield, Missouri. RGA's core business involves providing traditional life and health reinsurance, as well as a range of financial solutions. Its major products and services include life reinsurance, living benefits reinsurance, and health reinsurance. The company also offers financial solutions such as asset-intensive reinsurance, longevity reinsurance, stable value products, and capital solutions. Additionally, RGA provides facultative underwriting, product development, and consulting and outsourcing solutions. As of December 31, 2024, RGA had approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion.

RGA operates through licensed branch offices, subsidiaries, and representative offices across six continents. Its Americas segment includes operations in the United States, Canada, and Latin America. In Europe, the Middle East, and Africa (EMEA), RGA has a presence in countries such as France, Germany, Ireland, Italy, the Netherlands, Poland, South Africa, Spain, the United Arab Emirates, and the United Kingdom. The Asia Pacific operating segment serves markets including Australia, New Zealand, Japan, Hong Kong, Taiwan, South Korea, Malaysia, China, India, and Singapore. In November 2025, RGA further expanded its U.S. footprint by opening its first office in New York City.

RGA has consistently maintained a strong brand reputation. It was ranked 223 on the 2023 Fortune 500 list and has been named to Fortune's "World's Most Admired Companies" list in both 2023 and 2024. The company was also recognized on Forbes' "America's 50 Most Trustworthy Financial Companies" in 2014 and the Forbes Global 2000: Best Regarded Companies list. RGA has received consistent industry recognition, being rated #1 on NMG Consulting's Global All Respondent Business Capability Index (BCI) for the 12th consecutive year in 2023 and for the 14th consecutive year in 2024. In Asia, RGA was honored as "Life Reinsurer of the Year" for the fifth time in seven years in 2023. In October 2025, RGA Reinsurance Company's Skin Analytics secured EU approval for DERM, an autonomous artificial intelligence skin cancer detection platform. In May 2025, RGA Americas Reinsurance Company acquired the Greycastle Portfolio from Monument Re Ltd. New research from RGA in November 2025 indicated that GLP-1s are expected to reduce US mortality by 3.5% over the next two decades.

Reinsurance Group of America, Inc. has a high level of institutional ownership, with 95.11% of its stock held by institutions. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Fmr Llc, Harris Associates L.P., WCM Investment Management, Llc, American Century Companies Inc, Earnest Partners Llc, and State Street Corp. Other notable institutional holders include iShares Core S&P Mid-Cap ETF and Vanguard Total Stock Market Index Fund Investor Shares. In contrast, insider ownership of the company's stock is relatively low, at 1.37%.