Reinsurance Group Trades at a Discount: How to Play the Stock

Reinsurance Group of America, Incorporated (RGA) shares are trading at a discount to the Zacks Life Insurance industry. Its forward price-to-book value of 1.2X is lower than the industry average of 1.83X, the Finance sector’s 4.05X and the Zacks S&P 500 Composite’s 7.89X. The life insurer has a Value Score of A.The insurer has a market capitalization of $13.09 billion. The average volume of shares traded in the last three months was 0.5 million. Shares of Sun Life Financial Inc. (SLF) and Primerica, Inc. (P ...