Reinsurance Group of America (NYSE:RGA)
CAPS Rating:
An insurance holding company engaged in traditional individual life, asset-intensive, critical illness and financial reinsurance.
An insurance holding company engaged in traditional individual life, asset-intensive, critical illness and financial reinsurance.
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This stock, based on last earnings is now underpriced. It has increased its book value and thus has a price to book ratio of ~0.8. Underpriced for this type of stock. I anticipate the stock rising to meet the pricing expected for the stock.