Insider Trading in Focus: Reinsurance Group of America, Incorporated $RGA

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Reinsurance Group of America, Incorporated (NYSE:RGA) insider have most recently took part in a trading activity. On Jun 21, 2017 Matson, Timothy T, EVP, Chief Investment Officer bought 500 shares having total worth of $63,695 at the price of $127.39 per share, following the transaction a total of 1,466 shares owned by Matson, Timothy T.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 10 times by insiders. In 10 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 -0.44%
12 Month 0 10 56.49%

Shares of Reinsurance Group of America, Incorporated (NYSE:RGA) traded down 0.61% on Jun 22, 2017, hitting $126.62. 173,132 shares of the company’s stock traded hands. Reinsurance Group of America, Incorporated has a 52 week low of $76.86 and a 52 week high of $131.82. The company’s market cap is $6,910 million.

Reinsurance Group of America, Incorporated (NYSE:RGA) last announced its earnings results on Apr 27, 2017. The company reported 1.86 earnings per share (EPS) for the quarter, lower than the consensus estimate of 2.16 by $0.3. The company had revenue of $3,009 million for the quarter, compared to the consensus estimate of $2,860 million. During the same quarter in the previous year, the company posted 1.85 earnings per share. The company’s revenue for the quarter was up 20% on a year-over-year basis.

2017-04-27 2017-01-30 2016-10-26 2016-07-28 2016-04-28 2016-02-28 2015-10-29 2015-07-23 2015-04-23 2015-02-02
earnings per share 1.86 2.63 2.46 2.80 1.85 2.84 1.90 1.94 1.77 2.99
Revenue(M) 3009 3069 2901 3039 2513 2829 2439 2630 2520 2697

Reinsurance Group of America Inc is an insurance holding company formed on December 31, 1992. The Company is engaged in the reinsurance of individual and group coverages for traditional life and health, longevity, disability income, asset-intensive and critical illness products, and financial reinsurance. In 1994, the Company began expanding into international markets and now has subsidiaries, branch operations, or representative offices in Australia, Barbados, Bermuda, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Mexico, the Netherlands, New Zealand, Poland, Singapore, South Africa, South Korea, Spain, Taiwan, the United Arab Emirates and the United Kingdom. The Company’s main business is life and health reinsurance, which involves reinsuring life insurance policies that are often in force for the remaining lifetime of the underlying individuals insured, with premiums earned typically over a period of 10 to 30 years. It is a life reinsurers in the North American market based on premiums and the amount of life reinsurance in force. The Company covers a portfolio of life and health insurance products including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability income as well as asset-intensive and financial reinsurance. The Company’s competitors include Munich Re, Swiss Re, Hannover Re, SCOR Global Re, and Generali. Its reinsurance subsidiaries are subject to government regulation in each of the jurisdictions in which they are licensed or authorized to do business.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.