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Reinsurance Group (RGA) Up 16.8% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Reinsurance Group (RGA). Shares have added about 16.8% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Reinsurance Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
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Multiyear hardening in reinsurance market may be ahead: Analysts
Reinsurance markets may be heading into a multiyear hardening with prices expected to increase “materially” at 2021 renewals, according to a report Monday from analysts at Jeffries Group LLC.
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Hippo Gets $350M Investment, Reinsurance Treaty From Mitsui Sumitomo
Hippo Enterprises, an MGA insurtech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of the deal.
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