Comparing the current results to its competitors, Reinsurance Group Of America Incorporated reported Revenue increase in the 2 quarter 2026 by 18.54 % year on year. The sales growth was above Reinsurance Group Of America Incorporated's competitors' average revenue growth of 6.79 %, achieved in the same quarter.
Reinsurance Group Of America Incorporated Net Income in the 2 quarter 2026 grew year on year by 156.35%, faster than the Reinsurance Group Of America Incorporated's competitors average income growth of 61.49 %
Reinsurance Group Of America Incorporated's Comment on Competition and Industry Peers
Reinsurers compete on the basis of many factors, including financial strength,
pricing and other terms and conditions of reinsurance agreements, reputation,
service, and experience in the types of business underwritten. The Company’s
competition includes other reinsurance companies as well as other providers of
financial services. The Company believes that its primary competitors on a global
basis are currently the following, or their affiliates: Munich Re, Swiss Re, Hannover
Re and SCOR Global Re. In addition, the Company competes with Pacific Life Re,
Prudential Financial and a number of other financial service providers on annuity
block business. However, within the reinsurance industry, the competitors can
change from year to year.
Overall company sales advanced by 18.54 % Reinsurance Group Of America Incorporated outperformed its competitors in this segment and improved market share, to approx. 4.37 %. << More on RGA Market Share.
*Market share is calculated based on total revenue.
News about Reinsurance Group Of America Incorporated Contracts
November 5, 2025
RGA Expands Footprint in New York City: A Strategic Move Amidst Strong Financial Performance In a significant expansion of its operations, Reinsurance Group of America, Incorporated (RGA), a premier player in the global life and health reinsurance sector, has announced the opening of its inaugural office in New York City. Situated at the prestigious Park Avenue Tower in the heart of Midtown Manhattan, this new location not only underscores RGA s commitment to a people-first workplace experience but also aligns seamlessly with the company s broader real estate investment strategy. This strategy emphasizes acquiring high-quality assets in prime locations, enhancing operational efficiency and reinforcing RGA ...
August 27, 2024
RGA Announces $3.5 Billion Coinsurance Transaction with American National Insurance Company Reinsurance Group of America, Incorporated (NYSE: RGA), a prominent global life and health reinsurer, announced a significant transaction with American National Insurance Company and its affiliates (collectively, American National) to reinsure a diversified block of life insurance through a coinsurance arrangement. The financial magnitude of this transaction underlines its importance, with approximately $3.5 billion of American National’s statutory reserves being transferred to subsidiaries of RGA.The agreement, which encapsulates the transfer of statutory reserves, reflects the ongoing trend within the insurance in...
May 27, 2024
By Reinsurance Group of America, Incorporated (NYSE: RGA), a prominent global life and health reinsurer, has entered into a significant coinsurance transaction with Tokio Marine and Nichido Life Insurance Co., Ltd. (Anshin Life). Announced in Tokyo, the agreement will see RGA reinsuring a paid-up block of whole life policies valued at approximately 100 billion JPY.Coinsurance is a form of reinsurance where the reinsurer agrees to cover a portion of the insurance risk. In this case, RGA will share responsibility for the approximately 100 billion JPY block of whole life policies held by Anshin Life. This structure is advantageous for both parties, as it helps to distribute risk, provide capital relief, and im...
March 25, 2024
In a groundbreaking move within the Canadian insurance market, RGA Canada, a subsidiary of Reinsurance Group of America (RGA), and Manulife, a leading financial services group, have announced the successful completion of a record-breaking CA$5.8 billion coinsurance transaction. The deal, considered the largest universal life reinsurance agreement in Canada to date, is expected to have far-reaching implications for both companies and the industry as a whole. Concurrently, RGA s recent financial results showcase impressive revenue growth and profitability, outpacing its competitors. This article delves into the details of these significant developments and their potential impact on the market.Historic Coinsura...
March 14, 2024
Legal and General Retirement America (LGRA) and Reinsurance Group of America (RGA) have announced the completion of a significant pension risk transfer (PRT) transaction with FirstEnergy, one of the largest investor-owned electric utilities in the United States. The transaction, valued at approximately $700 million, involved the transfer of pension obligations for around 2,000 retirees, accounting for about 8% of FirstEnergy s overall retiree population.The pension risk transfer, also known as a retiree lift-out, was successfully executed in December, solidifying LGRA and RGA s position in the market as leaders in this sector. The collaboration between these two financial institutions enabled the smooth tran...
February 1, 2024
Reinsurance Group of America (RGA) recently announced its successful execution of an asset-intensive reinsurance transaction in Continental Europe with Baloise Belgium, a leading insurer in Belgium. This transaction involves a substantial portfolio comprising approximately 57,000 individual life insurance policies, boasting guaranteed minimum returns and total reserves amounting to approximately 900 million euros. RGA s astute move exemplifies its commitment to growth and strategic expansion in the international insurance market.Driving Revenue Growth:In the third quarter of 2023, RGA demonstrated a remarkable revenue increase of 26.73% year on year, surpassing the industry average revenue growth of 16.05% a...
Publicly Traded Peers of Reinsurance Group Of America Incorporated
American International Group Inc Share Performance
-1.94%
One Year
American International Group Inc
Profile
American International Group Inc (AIG) is a multinational insurance and financial services organization that primarily operates in the insurance sector by underwriting a wide range of policies, encompassing property, casualty, life, and retirement products. In addition to its insurance offerings, AIG provides risk management solutions to help clients navigate financial uncertainties and protect against potential losses. Another key aspect of AIGs business model is investing the premiums collected from policyholders, which helps generate income and strengthen the companys capital reserves.
Essent Group Ltd operates as a private mortgage insurance company, providing financial protection to lenders and investors against home mortgage credit risk. The company earns revenue through the collection of insurance premiums and investment income generated from the funds held to support insurance reserves.
Axis Capital Holdings Ltd operates as a global provider of specialty insurance and reinsurance products. They offer coverage for various industries including property, casualty, marine, energy, aviation, and more. The company follows a diversified business model to manage risks and generate profitable underwriting results while maintaining a strong balance sheet and delivering value to its shareholders.
Sources:
Reinsurance Group Of America Incorporated’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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