NYSE: RGA · Reinsurance
Reinsurance Group of America (RGA) fair value and price range
As of 31 Oct 2026, Faircurve's model values Reinsurance Group of America (RGA) at $204.67 a share. The stock last closed at $261.96, which puts the model's fair value 21.9% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 5 Nov 2026. Reinsurance Group of America, Incorporated.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $199.54 to $204.67 (+2.6%). The model does not yet explain moves on this valuation method.
What the model makes of itThe price of $261.96 is 21.9% above it. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What's nextNext report on 4 Feb 2027. Options prices imply a move of about 9% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give RGA?
The calibrated range for RGA over 63 trading days is $239.03 to $293.17. It sits around the last close, and its width comes from the volatility that RGA's own options imply (31% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $158.85 to $258.78. In 18% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
Reinsurance Group of America, Inc. (RGA) primarily operates within the reinsurance sector. The company delivers a comprehensive portfolio of life and health reinsurance products, spanning both individual and group coverages.
The model's fair value is $204.67 a share, the midpoint of 2,000 simulations, on the run of 31 Oct 2026. The previous run, on 24 Oct 2026, gave $199.54; the fair value moved +2.6%. The model does not yet explain moves on this valuation method. The calibrated range over 63 trading days is $244.83 to $296.14, built around the price from the volatility the stock's own options imply. Ranges built this way held the price 60% of the time at this horizon, based on 6,661 past valuations. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade covers comparable companies, the width of the range of outcomes and whether the valuation methods agree. It does not say whether the fair value is right.
The facts sheet gives no quality score for the business, so none is reported here. The model compares the company with five companies that each have a fair value of their own on the site: East West Bancorp, Inc. (EWBC), Franklin Resources, Inc. (BEN), Pinnacle Financial Partners, Inc. (PNFP), Equitable Holdings, Inc. (EQH) and TransUnion (TRU). Three further comparable companies have no verdict on this date: Everest Group, Ltd. (EG), RenaissanceRe Holdings Ltd. (RNR) and SiriusPoint Ltd. (SPNT).
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does RGA report earnings, and how has the stock reacted?
Reinsurance Group of America's next earnings report is scheduled for 4 Feb 2027. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 6.8% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. RGA's 30 day implied volatility works out to about 8.9% over one month.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across RGA's last 8 reports, ignoring direction, was 4.0%.
What the options market has priced for a month's move in RGA
How does RGA compare with similar companies?
The companies in reinsurance closest to Reinsurance Group of America in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| EG Everest Group, Ltd. | $417.79 | $499.61 | +19.6% | Low evidence grade |
| RNR RenaissanceRe Holdings Ltd. | $354.23 | $387.89 | +9.5% | Low evidence grade |
| SPNT SiriusPoint Ltd. | $26.27 | $20.37 | -22.5% | Low evidence grade |
| EWBC East West Bancorp, Inc. | $129.04 | $130.84 | +1.4% | Fairly valued |
| BEN Franklin Resources, Inc. | $32.21 | $28.83 | -10.5% | Fairly valued |
| PNFP Pinnacle Financial Partners, Inc. | $101.49 | $95.03 | -6.4% | Fairly valued |
| EQH Equitable Holdings, Inc. | $52.91 | $63.09 | +19.2% | Undervalued |
| TRU TransUnion | $82.91 | $88.00 | +6.1% | Fairly valued |
Reinsurance Group of America at a glance
Reinsurance Group of America, Inc. (RGA) primarily operates within the reinsurance sector. The company delivers a comprehensive portfolio of life and health reinsurance products, spanning both individual and group coverages.
- Market value
- $17.3B
- Sector
- Financial Services
- Industry
- Reinsurance
- Consensus revenue growth, next fiscal year
- +18.4%
- Analysts with estimates
- 6
- Beta to the US market
- 0.21
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Reinsurance Group of America on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for RGA was $199.54. As of 31 Oct 2026 it is $204.67, a change of +2.6%. The model does not yet explain moves on this valuation method. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Reinsurance Group of America's valuation
Is Reinsurance Group of America stock undervalued or overvalued?
Faircurve's model puts RGA's fair value at $204.67 a share against a last close of $261.96, as of 31 Oct 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What is RGA's fair value?
$204.67 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $158.85 to $258.78.
What price range does the model give RGA?
$239.03 to $293.17 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does Reinsurance Group of America report earnings next?
The next report is scheduled for 4 Feb 2027. Companies can move their dates.
How much has RGA moved on past earnings reports?
Across its last 8 reports the median two session move was 4.0%, ignoring direction. The largest was +9.9% around the report of 5 Feb 2026.
How confident is the model in this valuation?
The model's evidence grade for RGA is low. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on RGA
The model holds no idea open on RGA today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on RGA with their outcomes. A free account is enough.