Reinsurance Group Of America: Favorable Tailwinds Can Support A Higher Valuation

JHVEPhoto Reinsurance Group of America (NYSE:RGA) has been a strong performer over the past year, rising over 40%. While catastrophe risk has kept me generally cautious on the reinsurance sector as a whole, RGA has a unique business mix, focused in life and health, which has differentiated it. I last covered shares of RGA in January, rating the stock a buy. Since that recommendation, the stock has rallied by about 27%, about double the S&P 500's return. Shares are now nearly at my $210 upside price target, ...