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

HFA Padded
Rupert Hargreaves
Published on
Updated on

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. 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…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

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 ValueWalk