{
  "id": 1606049,
  "title": "RGA EVP, global chief risk officer Jonathan Porter sells $2.1m stock",
  "url": "https://urgent.news/2026/08/18/rga-evp-global-chief-risk-officer-jonathan-porter-sells-2-1m-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T01:31:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/rga-evp-global-chief-risk-officer-jonathan-porter-sells-21m-stock-93CH-4864179"
  },
  "original_language": "en",
  "account": "Jonathan Porter, the Executive Vice President and Global Chief Risk Officer at Reinsurance Group of America Inc., sold 8,589 shares of the company's stock on August 12, 2026. The sale totaled around $2,115,459, with the shares exchanged at prices between $246.220 and $246.525 per share. The weighted average price for the transaction was $246.2987. After completing the sale, Porter still owns 14,885 shares of the company. This transaction occurred as RGA stock prices approached their 52-week high of $251, a 22% increase year-to-date. According to InvestingPro analysis, the stock remains undervalued, even reaching the platform's Most Undervalued list. The company operates with a low P/E ratio of 10.9, and Investors can find more detailed insights through InvestingPro's Pro Research Report. In its recent second-quarter 2026 earnings, RGA reported an adjusted profit of $8.89 per share, exceeding Wall Street's estimate of $6.53. However, revenue fell slightly short of expectations by approximately $40 million. The company credited its strong performance to solid investment returns, favorable claims experience, and new business written over recent years. RGA also reported record adjusted operating income of $761 million and maintained its long-term targets of 8% to 10% annual EPS growth and 13% to 15% return on equity. The company operates successfully across all regions and business lines, with particularly positive trends in U.S. individual life. At the end of the quarter, RGA held $2.2 billion in excess capital, continuing with its share buybacks and dividends.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Cb financial services chief credit officer sells $55,652 in stock",
        "url": "https://urgent.news/2026/08/17/cb-financial-services-chief-credit-officer-sells-55-652-in-stock",
        "published": "2026-08-17T16:46:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}