EG vs RGA: Correlation
Everest Group (EG) and Reinsurance Group of America, Incorporated (RGA) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EG and RGA?
Over the past 3 years, EG and RGA moved with a correlation of 0.51, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.51 over 3. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 260.4 %².
Among the 30 assets we track against EG, RGA ranks #8 by 3-year correlation. The last year tells two different stories: RGA led by 17.7 percentage points, +11.3% for EG against +29.0% for RGA.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EG vs RGA: side by side
| EG (Everest Group) | RGA (Reinsurance Group of America, Incorporated) | |
|---|---|---|
| 1-year return | +11.3% | +29.0% |
| 5-year return | +57.2% | +136.6% |
| Volatility (ann.) | 22.2% | 23.0% |
| Beta vs S&P 500 | 0.28 | 0.60 |
| Max drawdown (3Y) | -23.8% | -27.1% |
| Market cap | $14.5B | $16.1B |
| P/E (trailing) | 8.0 | 10.9 |
| Dividend yield | 2.11% | 1.51% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | EG | RGA |
|---|---|---|
| 2022 | +23.7% | +33.0% |
| 2023 | +8.7% | +16.4% |
| 2024 | +4.6% | +34.4% |
| 2025 | -5.3% | -3.0% |
| 2026 | +12.7% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EG and RGA good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EG and RGA?
As of 2026-08-27, the correlation of weekly returns between EG and RGA is 0.51 over 3 years, 0.59 over 1 year and 0.56 over 5 years.
Is RGA a good diversifier for EG?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
A reading of 0.51 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eg-vs-rga.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eg-vs-rga/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EG correlations · RGA correlations
