Reinsurance Group of America Inc (RGA) : Lvm Capital Management Ltdmi added new position in Reinsurance Group of America Inc during the most recent quarter end. The investment management firm now holds 2,300 shares of Reinsurance Group of America Inc which is valued at $215,188 according to a report filed by the company on Apr 4, 2016 with the SEC.Reinsurance Group of America Inc makes up approximately 0.07% of Lvm Capital Management Ltdmi’s portfolio.
On the company’s financial health, Reinsurance Group of America Inc reported $2.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $2.58. The company had revenue of $2828.59 million for the quarter, compared to analysts expectations of $2684.26 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.99 EPS.
Many Wall Street Analysts have commented on Reinsurance Group of America Inc. Reinsurance Group of America Inc was Upgraded by Goldman to ” Neutral” on Feb 24, 2016.
Reinsurance Group of America Inc closed down -0.17 points or -0.18% at $93.56 with 1,37,092 shares getting traded on Monday. Post opening the session at $93.84, the shares hit an intraday low of $93.01 and an intraday high of $94.78 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Reinsurance Group of America Incorporated (RGA) is an insurance holding company. The Company provides traditional and non-traditional life and health reinsurance. The Company has five geographic-based or function-based segments: U.S. and Latin America; Canada; Europe Middle East and Africa; Asia Pacific and Corporate and Other. The U.S. and Latin America operations are further segmented into traditional and non-traditional businesses. The Companys subsidiaries include Reinsurance Company of Missouri Incorporated RGA Americas Reinsurance Company Ltd. RGA Reinsurance Company (Barbados) Ltd. RGA International Reinsurance Company Limited and RGA Reinsurance Company of Australia Limited among others. The Company is primarily engaged in the reinsurance of individual and group coverages for traditional life and health longevity disability asset-intensive and critical illness products and financial reinsurance.