Reinsurance Of America traded at $263.94 this Friday October 23rd, decreasing $8.11 or 2.98 percent since the previous trading session. Looking back, over the last four weeks, Reinsurance Of America lost 7.55 percent. Over the last 12 months, its price rose by 39.34 percent. Looking ahead, we forecast Reinsurance Of America to be priced at 258.34 by the end of this quarter and at 242.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Reinsurance Group of America, Incorporated is an insurance holding company. The Company is a provider of traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia and Australia. Its traditional reinsurance includes individual and group life and health, disability, long-term care and critical illness reinsurance. Its financial solutions include longevity reinsurance, asset-intensive products, primarily annuities, financial reinsurance, capital solutions and stable value products. The Company operates through geographic-based and business-based operational segments: U.S. and Latin America; Canada; Europe, Middle East and Africa (EMEA); Asia Pacific; and Corporate and Other. The Company's Geographic-based operations are further segmented into traditional and financial solutions businesses.