RGA vs TRV: Correlation
Measured on weekly returns over the past three years, Reinsurance Group of America, Incorporated (RGA) and Travelers Companies (The) (TRV) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGA and TRV?
On 3 years of weekly data the RGA/TRV correlation comes out at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. The 5-year figure is 0.52, and annualized covariance runs at 257.6 %².
Within RGA's tracked universe of 14 assets, TRV comes in at #8 by 3-year correlation. On 12-month performance TRV holds a 8.8-point edge, +29.0% against +37.8%.
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.
RGA vs TRV: side by side
| RGA (Reinsurance Group of America, Incorporated) | TRV (Travelers Companies (The)) | |
|---|---|---|
| 1-year return | +29.0% | +37.8% |
| 5-year return | +136.6% | +155.3% |
| Volatility (ann.) | 23.0% | 20.8% |
| Beta vs S&P 500 | 0.60 | 0.36 |
| Max drawdown (3Y) | -27.1% | -12.5% |
| Market cap | $16.1B | $77.0B |
| P/E (trailing) | 10.9 | 10.0 |
| Dividend yield | 1.51% | 1.23% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RGA | TRV |
|---|---|---|
| 2022 | +33.0% | +22.4% |
| 2023 | +16.4% | +3.9% |
| 2024 | +34.4% | +28.8% |
| 2025 | -3.0% | +22.4% |
| 2026 | +22.4% | +28.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGA and TRV good diversifiers for each other?
To a limited degree. At 0.54 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 RGA and TRV?
The RGA/TRV correlation stands at 0.54 on a 3-year window (1 year: 0.61, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is TRV a good diversifier for RGA?
To a limited degree. At 0.54 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 0.54 mean?
On the −1 to +1 scale, 0.54 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rga-vs-trv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rga-vs-trv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RGA correlations · TRV correlations
