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

Reinsurance Group of America, Incorporated

Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. 

Founded in 1973, RGA is today one of the world’s largest and most respected reinsurers and remains guided by a powerful purpose: to make financial protection accessible to all. As a global capabilities and solutions leader, RGA empowers partners through bold innovation, relentless execution, and dedicated client focus – all directed toward creating sustainable long-term value. 

RGA has approximately $3.5 trillion of life reinsurance in force and assets of $89.0 billion as of June 30, 2023. To learn more about RGA and its businesses, please visit www.rgare.com

In this article from our #APAC region, RGA's Doogie (Dong Wook) Noh examines how Korean insurers targeted population decline with innovative new products that have improved the customer experience and helped insurers overcome stagnant growth amid intensifying competition. https://bit.ly/4b4UEMH

The insurance industry is kicking off another year with #genAI as an available and highly valuable tool for actuaries and other insurance professionals. RGA's Jeffrey Heaton and Robert Jirsaraie have a fresh 2024 update on the status and growth of LLMs and new techniques to incorporate data into LLMs, including retrieval-augmented generation (RAG). https://bit.ly/495731w
 
AI itself is apparently aware of the new developments: Jeff and Robert asked Dall-E to generate an image representing the advances in AI. Here's what the LLM produced!


Attending #MUD2024? Don’t miss RGA’s Ron Herrmann, head of The Americas, as he joins a distinguished panel of industry leaders on the main stage where they’ll share expert perspectives on the rapidly changing industry and 2024’s most significant opportunities and challenges. 

RGA Chief Science Advisor, Dr. Daniel Zimmerman, also takes to the main stage to share unique insights into mortality headwinds and tailwinds and how actuaries and medical directors can work together to predict future mortality trends. 

See you in New York! 🗽 

According to a new report from The Geneva Association, the very nature of risk is changing and insurers must be prepared to change along with it. 

At RGA, we proudly support the Geneva Association’s efforts to better understand emerging risks. RGA Global Chief Risk Officer Jonathan Porter provides three key takeaways from the report along with some steps RGA is taking to help create a path forward for the industry. 

➡ https://bit.ly/48AjfY0

🎆📊 New year, new data on the bright future of #acceleratedunderwriting! 

The Society of Actuaries kicked off 2024 by publishing an exclusive analysis of accelerated underwriting trends from RGA’s Taylor Pickett and Christine Kachelmuss, FSA. Gathered from RGA data and confidential industry sources, their analysis looks at acceleration rates, mortality slippage based on gender and risk class, and the type of evidence and tools the industry currently uses for AU programs. 

🚀 Read more: https://bit.ly/3HnYXoL

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	10.32M -	10.90M 5.68%	10.42M 4.46%	11.52M 10.59%	12.52M 8.63%	12.88M 2.88%	14.30B 110,959.34%	14.60B 2.07%	16.66B 14.13%	16.26B 2.40%	18.58B 14.26%
cost of revenue	466.70K -	538.40K 15.36%	554K 2.90%	645.50K 16.52%	710.70K 10.10%	786K 10.60%	868M 110,332.57%	816M 5.99%	936M 14.71%	1.01B 7.80%	1.09B 7.93%
gross profit	9.85M -	10.37M 5.22%	9.86M 4.84%	10.88M 10.26%	11.81M 8.54%	12.09M 2.41%	13.43B 111,000.08%	13.78B 2.59%	15.72B 14.09%	15.25B 3.01%	17.49B 14.68%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses
research and development expenses
other expenses	-9.22M -	-9.36M 1.53%	-9.12M 2.54%	-9.83M 7.82%	-10.66M 8.44%	-11.24M 5.46%	-12.30B 109,291.68%	-13.23B 7.54%	-15.03B 13.64%	1.01B 106.71%	-2.49B 346.38%
cost and expenses	466.70K -	538.40K 15.36%	554K 2.90%	645.50K 16.52%	710.70K 10.10%	786K 10.60%	868M 110,332.57%	816M 5.99%	936M 14.71%	1.01B 7.80%	-17.16B 1,800.69%
operating expenses	-9.22M -	-9.36M 1.53%	-9.12M 2.54%	-9.83M 7.82%	-10.66M 8.44%	-11.24M 5.46%	-12.30B 109,291.68%	-13.23B 7.54%	-15.03B 13.64%	1.01B 106.71%	2.49B 146.38%
interest expense	124.30K -	96.70K 22.20%	142.90K 47.78%	137.60K 3.71%	146K 6.10%	147K 0.68%	173M 117,587.07%	170M 1.73%	127M 25.29%	184M 44.88%	257M 39.67%
ebitda	635.30K -	1.01M 58.74%	744.80K 26.15%	1.04M 40.16%	1.14M 9.47%	846K 25.97%	1.13B 133,706.15%	553M 51.15%	691M 24.95%	978M 41.53%	-7M 100.72%
operating income	635.30K -	1.01M 58.74%	744.80K 26.15%	1.04M 40.16%	1.14M 9.47%	846K 25.97%	1.13B 133,706.15%	553M 51.15%	691M 24.95%	1.01B 46.31%	-7M 100.69%
depreciation and amortization										-33M -	41M 224.24%
total other income expenses net										-180M -	1.16B 744.44%
income before tax	635.30K -	1.01M 58.74%	744.80K 26.15%		1.14M -	846K 25.97%	1.13B 133,706.15%	553M 51.15%	691M 24.95%	831M 20.26%	1.16B 39.59%
income tax expense	216.40K -	324.50K 49.95%	242.60K 25.24%	342.50K 41.18%	-679.40K 298.36%	130K 119.13%	262M 201,438.46%	138M 47.33%	74M 46.38%	204M 175.68%	251M 23.04%
net income	418.90K -	684K 63.28%	502.20K 26.58%	701.40K 39.67%	1.82M 159.79%	716K 60.71%	870M 121,408.38%	415M 52.30%	617M 48.67%	627M 1.62%	902M 43.86%
weighted average shs out	72.46M -	69.96M 3.45%	67.29M 3.82%	64.99M 3.42%	65.75M 1.18%	65.09M 1.00%	63.88B 98,038.08%	65.83B 3.06%		351.50M -	66.30M 81.14%
weighted average shs out dil	72.46M -	69.96M 3.45%	67.29M 3.82%	64.99M 3.42%	65.75M 1.18%	65.09M 1.00%	63.88B 98,038.08%	65.83B 3.06%		351.50M -	67.10M 80.91%
eps	0.01 -	0.01 68.97%	0.01 23.47%	0.01 44.00%	0.03 156.48%	0.01 60.29%	0.01 23.64%	0.01 53.68%	9.10 144,344.44%	1.78 80.44%	13.60 664.04%
epsdiluted	0.01 -	0.01 68.97%	0.01 23.47%	0.01 44.00%	0.03 156.48%	0.01 60.29%	0.01 23.64%	0.01 53.68%	9.04 143,392.06%	1.78 80.31%	13.44 655.06%

COM:RGARE

Reinsurance Group of America, Incorporated

Last Close

229.17

22/11 21:00

Market Cap

13.87B

Beta: -

Volume Today

405.36K

Avg: -

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