Reinsurance Group of America is Among the Companies in the Reinsurance Industry With the Highest Level of Cash (RGA, PRE, ENH, ESGR, Y)
Below are the three companies in the Reinsurance industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Reinsurance Group of America ranks highest with a CE of $2,000. Following is PartnerRe with a CE of $1,000. Endurance Specialty ranks third highest with a CE of $1,000.
Enstar Group follows with a CE of $1,000, and Alleghany rounds out the top five with a CE of $563.
SmarTrend recommended that subscribers consider buying shares of PartnerRe on April 10th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $118.14. Since that recommendation, shares of PartnerRe have risen 18.9%. We continue to monitor PartnerRe for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash reinsurance group of america partnerre endurance specialty enstar group alleghany