- Reinsurance Group’s book value per share reached $172.53, surpassing the estimate of $167.50 and showing an increase from $143.92 year over year.
- The adjusted operating earnings per share (EPS) were $5.66, which is above the estimate of $5.36 but below last year’s $6.02.
- Excluding AOCI, the book value per common share was $153.80, slightly below the estimate of $155.79, but up from $145.83 year over year.
- Total assets increased by 21% year over year to $128.21 billion, beating the estimate of $120.8 billion.
- Net premiums decreased by 25% from the previous year, amounting to $4.02 billion, which is slightly below the estimated $4.11 billion.
- Investment income rose by 28% from the previous year, reaching $1.23 billion, exceeding the estimate of $1.18 billion.
- The company received 8 buy ratings, 3 hold ratings, and no sell ratings from analysts.
Reinsurance Group of America on Smartkarma
Analysts at Baptista Research on Smartkarma have published insightful reports on Reinsurance Group of America (RGA). In their report titled “Reinsurance Group of America: How They Are Handling Biometric & Longevity Risk?,” Baptista Research highlights RGA’s strong financial performance in the fourth quarter of 2024. The company reported adjusted operating earnings of $4.99 per share and an adjusted operating return on equity (ROE) of 15.4%, showcasing a robust financial health despite a competitive market environment. The research aims to evaluate factors influencing RGA’s stock price and conducts an independent valuation through a Discounted Cash Flow (DCF) methodology.
In another report by Baptista Research titled “Reinsurance Group of America: How RGA Is Tapping Into Asia’s Aging Population Boom for Explosive Growth! – Major Drivers,” analysts delve into RGA’s third-quarter 2024 earnings. The company posted a record quarter with adjusted operating earnings reaching $6.13 per share, excluding notable items, and achieved an adjusted operating ROE of 15.5%, surpassing its intermediate-term targets. RGA attributes these positive results to strong business momentum, efficient capital deployment, and premium growth across its operations. The reports provide valuable insights into RGA’s strategic positioning in the market and its growth prospects, catering to investors seeking comprehensive analysis of the company’s performance.
A look at Reinsurance Group of America Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Reinsurance Group of America, Incorporated, a provider of reinsurance services for life and health products globally, is poised for a positive long-term outlook based on the Smartkarma Smart Scores. With an impressive Value Score of 4, the company is seen as undervalued relative to its intrinsic worth. Additionally, its Growth Score of 4 highlights strong potential for expansion and development in the future. Momentum and Resilience Scores of 4 and 3, respectively, indicate a favorable trend in the company’s performance and its ability to weather challenges.
In terms of dividends, Reinsurance Group of America received a commendable score of 3, signaling a moderate level of dividend payment to investors. Overall, the Smartkarma Smart Scores paint a promising picture for Reinsurance Group of America, suggesting a robust foundation for sustained growth and value creation in the reinsurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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