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Highest Return on Equity in the Reinsurance Industry Detected in Shares of Reinsurance Grou (RGA, TPRE, ESGR, RE, Y)

By Shiri Gupta

Below are the three companies in the Reinsurance industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Reinsurance Grou ranks highest with a ROE of 2,163.2%. Following is Third Point Rein with a ROE of 948.6%. Enstar Group Ltd ranks third highest with a ROE of 722.9%.

Everest Re Group follows with a ROE of 461.3%, and Alleghany Corp rounds out the top five with a ROE of 135.9%.

SmarTrend recommended that subscribers consider buying shares of Alleghany Corp on August 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $719.71. Since that recommendation, shares of Alleghany Corp have risen 6.3%. We continue to monitor Alleghany Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity reinsurance grou third point rein enstar group ltd everest re group alleghany corp

Ticker(s): RGA TPRE ESGR RE Y