Reinsurance Group of America: Baby Bonds Offer Solid Yield

Reinsurance Group of America, Incorporated is a global leader in life and health reinsurance with $4.3 trillion in force and $157 billion in assets. Focus is on RGA's baby bond NT CAL 52, offering a 7.125% coupon, callable or resettable in October 2027, and currently trading just above par. We like this one, and it offers a lower-risk play today.