Reinsurance Group Of America Inc (RGA): Today's Featured Insurance Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Reinsurance Group of America ( RGA) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.9%. By the end of trading, Reinsurance Group of America rose $0.84 (1.2%) to $69.21 on average volume. Throughout the day, 631,532 shares of Reinsurance Group of America exchanged hands as compared to its average daily volume of 435,600 shares. The stock ranged in a price between $67.60-$69.29 after having opened the day at $68.35 as compared to the previous trading day's close of $68.37. Other companies within the Insurance industry that increased today were: American Independence Corporation ( AMIC), up 10.1% and Donegal Group ( DGICB), up 2.5%.

Reinsurance Group of America, Incorporated engages in the life and health reinsurance business. Reinsurance Group of America has a market cap of $4.7 billion and is part of the financial sector. Shares are up 24.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Reinsurance Group of America a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Reinsurance Group of America as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Citizens ( CIA), down 7.8%, First Acceptance Corporation ( FAC), down 5.9%, Unico American Corporation ( UNAM), down 3.7% and Crawford & Company ( CRD.B), down 3.6% , were all laggards within the insurance industry with Prudential Financial ( PRU) being today's insurance industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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