Reinsurance Group of America (RGA)
NYSEFinancialsInsurance - ReinsuranceSnapshot 2026-09-04
$253.27-1.03%
Close 2026-09-04 · 1-day change
NYSEFinancialsInsurance - ReinsuranceSnapshot 2026-09-04
QuarterlyIQ Insights · RGA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -12.4% |
| Our one-year growth estimate | diamond | 6.1% |
Growth built into the price is above our model estimate.
The price assumes 18.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 3 industry peers
RGA — dividend update
Dated 2026-08-06
Regulation FD Disclosure. In connection with the Earnings Call, the Company has prepared a presentation, dated August 6, 2026 (the “Earnings Presentation”), a copy of which is furnished as Exhibit 99.3 and incorporated herein by reference. The Earnings Release announced that the board of directors declared a regular quarterly dividend of $0.98, payable September 1, 2026, to shareholders of record as of August 18, 2026. The information set forth in Exhibits 99.1, 99.2 and 99.3 of this Current…
Why it matters: A drop in ROE may show lower profitability. This can change how investors feel.
Worry ifROE reported below 9% in Q2.
Less concerning ifROE remains above 9% in Q2.
Why it matters: Growth in operating income shows good management and smart plans. This can help make more money.
Supportive ifOperating income was over $441 million for Q2.
Worry ifOperating income was under $441 million for Q2.
Why it matters: News on share buybacks shows management's trust in RGA's value and spending plans.
Supportive ifManagement announces a new share repurchase of at least $50 million.
Worry ifNo new share repurchase announcements are made in the next quarter.
Why it matters: Earnings results will show if RGA continues its strong performance and growth trend.
Supportive ifQ2 adjusted operating income per diluted share is over $6.97. This is higher than Q1.
Worry ifQ2 adjusted operating income per diluted share is less than $6.97.
Why it matters: Laura Cockrill's work as CFO may change RGA's financial plans. Good changes could boost growth and efficiency.
Watch forNew strategic plans or changes in financial policy were announced by the new CFO.
Also watch forNo big changes or plans were announced by the new CFO.
Why it matters: Future dividend choices show management's trust in earnings and how they use money.
Supportive ifAnnouncement of a dividend increase beyond $0.93 per share.
Worry ifNo increase in the quarterly dividend from the current $0.93.
Why it matters: Good claims experience backs RGA's pricing rules and risk management.
Supportive ifClaims experience is good, supporting pricing and risk selection rules.
Worry ifClaims experience is poor. This may mean there are problems in risk management.
Why it matters: Laura Cockrill's plans may change how the company makes money.
Watch forNew plans or strategies from CFO Laura Cockrill may boost earnings.
Also watch forNo new plans from CFO Laura Cockrill will be announced next quarter.
Why it matters: Growth in net income per share shows strong financial health and good management.
Supportive ifQ3 net income per share exceeds $7.01, showing ongoing profit growth.
Worry ifQ3 net income per share falls below $7.01, indicating potential issues.
Why it matters: Growth in net premiums indicates strong demand for RGA's products. It reflects the company's market position and pricing strategy.
Supportive ifQ3 net premiums exceed $4.5 billion, the Q2 figure.
Worry ifQ3 net premiums fall below $4.5 billion.
Why it matters: Changes in the dividend policy show how management views future earnings. An increase shows confidence.
Supportive ifRGA announces a dividend increase above $0.93 per share after Q2 earnings.
Worry ifRGA maintains the dividend at $0.93 per share or lowers it.
Why it matters: Strong growth in adjusted operating income shows ongoing earnings strength. It also shows good use of capital.
Supportive ifQ2 adjusted operating income grows year over year by more than 15%.
Worry ifQ2 adjusted operating income grows year over year by less than 10%.
Why it matters: Growth in net income shows better operations. This can improve overall financial health.
Supportive ifNet income reported above $330 million for Q2.
Worry ifNet income reported below $330 million for Q2.
Why it matters: Foreign currency effects can greatly affect earnings. Watching this helps us see how stable RGA's finances are.
Watch forForeign currency changes help earnings by more than $0.05 per share.
Also watch forForeign currency changes hurt earnings by more than $0.05 per share.
Why it matters: Slower growth in net premiums could mean weaker demand. It might also show more competition in the market.
Worry ifNet premiums growth in Q2 is reported below 10% year over year.
Less concerning ifNet premiums growth in Q2 exceeds 10% year over year.
Why it matters: If this number goes up, it shows strong earnings growth. This supports management's focus on sustainable growth.
Supportive ifQ3 adjusted operating income per diluted share is more than $8.89.
Worry ifQ3 adjusted operating income per diluted share is less than $8.89.
Why it matters: An increase would show management's commitment to giving back to shareholders. This matches their capital plan.
Supportive ifThe quarterly dividend goes up past $0.98.
Worry ifThe quarterly dividend stays at $0.98 or goes down.
Why it matters: More buybacks would show better use of money. It also shows confidence in the company.
Supportive ifShare buybacks exceed $50 million in a quarter.
Worry ifShare repurchase activity stays at or below $50 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$103 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $201 loss on $10,000 · 2.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,306 loss on $10,000 · 13.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.