The latest announcement is out from Reinsurance Group ( (RGA) ).
On February 24, 2025, RGA Reinsurance Company, a subsidiary of Reinsurance Group of America, announced an agreement with Equitable Holdings to reinsure 75% of Equitable’s in-force life insurance liabilities, totaling $32 billion. This transaction, expected to close in mid-2025, broadens RGA’s strategic partnership with Equitable and is anticipated to contribute significantly to RGA’s earnings and operational capabilities. The transaction will involve deploying $1.5 billion of capital and is expected to enhance RGA’s earnings per share with attractive returns.
More about Reinsurance Group
Reinsurance Group of America, Incorporated (RGA) is a global leader in life and health reinsurance and financial solutions, aiming to help clients manage risk and optimize capital. Founded in 1973, RGA is one of the world’s largest reinsurers, with approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024.
YTD Price Performance: -10.95%
Average Trading Volume: 488,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.47B
See more insights into RGA stock on TipRanks’ Stock Analysis page.