RGA

Reinsurance Group of America, Incorporated

Financial Services · $16.3B market cap

Verdict

Share price

$249.41

close of Oct 3, 2026

Fair value

$100.67

Sticker Price

Payback Price

$40.27

buy price

Overpriced

RGA is Overpriced: at $249.41 it trades 148% above its fair value of $100.67. Its buy price (Payback Price) is $40.27, 84% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth3.6% a year✗
Equity per share growth7.8% a year✗
Sales growth7.3% a year✗
Free cash flow growth8.6% a year✗
Return on invested capital0.8%✗

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Superinvestors

2 of the investors we track hold RGA. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: First Eagle Investment Management

Insider activity

Since Jun 6, 2026: no open-market purchases, 1 sale worth $2.1M and 22 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Tax withholding

$329K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Option exercise

$329K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Tax withholding

$673K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Tax withholding

$315K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Option exercise

$314K

Show all 22 other filings

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Option exercise

$673K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Tax withholding

$462K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Tax withholding

$356K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Option exercise

$461K

PORTER JONATHAN

EVP, Global Chief Risk Officer · 2026-08-11

Option exercise

$356K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Tax withholding

$462K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Tax withholding

$572K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Tax withholding

$699K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Tax withholding

$391K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Option exercise

$332K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Option exercise

$350K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Option exercise

$429K

HERRMANN RONALD

Executive Vice President · 2026-08-11

Option exercise

$613K

TULLOCH MAURICE

director · 2026-07-01

Award

$88K

TULLOCH MAURICE

director · 2026-07-01

Tax withholding

$26K

To My Chi

EVP, Chief Legal Officer · 2026-06-25

Tax withholding

$523K

To My Chi

EVP, Chief Legal Officer · 2026-06-06

Option exercise

5,661 shares

About Reinsurance Group of America, Incorporated

Reinsurance Group of America, Inc. (RGA) primarily operates within the reinsurance sector. The company delivers a comprehensive portfolio of life and health reinsurance products, spanning both individual and group coverages. These include diverse life insurance options such as term, credit, universal, whole, and joint/last survivor policies, in addition to critical illness, disability, and longevity products. RGA…

Insurance - Reinsurance

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works