Is RGA or RZB more undervalued in 2026?

CirclFi compares Reinsurance Group of America, I (RGA) and Reinsurance Group of America, I (RZB) using 13 institutional-grade valuation models. RGA has a Quality of Company score of 6.6/10 while RZB scores 8.3/10.

Which is a better buy — RGA or RZB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do RGA and RZB valuations compare?

RGA at $200.74 and RZB at $25.30 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

RGA vs RZB Valuation Comparison 2026 — Intrinsic Value Analysis

RGA

Life Insurance

Reinsurance Group of America, I

Quality

6.6

out of 10

Value Trap

SAFE

Price

$200.74

Last close

Models

11/13

Active

RZB

Life Insurance

Reinsurance Group of America, I

Quality

8.3

out of 10

Value Trap

SAFE

Price

$25.30

Last close

Models

4/13

Active

Model-by-Model Comparison

Model	Type	RGA Fair Value	RGA Upside	RZB Fair Value	RZB Upside
Bayesian DCF	Intrinsic	$872.10	+334.4%	—	—
Earnings Power Value	Intrinsic	$154.13	-23.2%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$119.41	-40.5%	$59.47	+135.1%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$125.75	-37.4%	$126.70	+400.8%

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RGA vs RZB — Which Stock Is More Undervalued?

RZB scores higher with a 8.3/10 quality rating vs RGA's 6.6/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Reinsurance Group of America, I (RGA) and Reinsurance Group of America, I (RZB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

RGA currently trades at $200.74 with a QOC of 6.6/10, while RZB trades at $25.30 with a QOC of 8.3/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).