Reinsurance Group Of America: Good Recovery, But Little Room To Grow

Rupert Hargreaves

Published onNovember 1, 2013

Updated on May 13, 2021

At the end of July, Reinsurance Group of America Inc (NYSE:RGA) caught my attention after a seemingly disastrous fiscal second quarter, for which the market punished the company by wiping 10.2% off the company's valuation in a single day. Back then, the company looked like a good recovery opportunity and I wrote about its potential here. I also built up a position myself.

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Since then, the company has recovered from its losses and reported a solid fiscal third quarter. Net premiums written grew 6% year-on-year; 9% in original currencies. Year-on-year, net income fell slightly due to falling returns on the company's...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Reinsurance Group Of America: Good Recovery, But Little Room To Grow

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