Reinsurance Group of America, Incorporated RGA completed an annuity reinsurance transaction with Modern Woodmen of America. Per the agreement, a subsidiary of Reinsurance Group will reinsure a seasoned block of the U.S. annuity business.Management of Reinsurance Group noted the transaction is in sync with the company’s strategy to grow its asset-intensive business. The asset-intensive business is part of its financial solution.Larry Carson, executive vice president, Global Financial Solutions, Reinsurance Group, stated that the customized mutually beneficial transaction will help Modern Woodmen achieve specific capital and risk-management objectives.Reinsurance Group is among the leading global providers of life reinsurance and financial solutions, with $3.4 trillion of life reinsurance in force and assets of $84.8 billion as of Mar 31, 2021. It manages the asset-intensive business to provide a targeted spread between the interest rate earned on investments and the interest rate credited to the underlying interest-sensitive contract liabilities.The company has a leading presence in the United States and Latin American traditional markets. It expands its product line with market-leading services, capabilities, expertise and innovation. Significant value embedded in the in-force business generates predictable long-term earnings. Product line expansion also contributes to risk diversification.Shares of Reinsurance Group have gained 7.8% year to date compared with the industry’s growth of 7.7%. Its mix of organic and transactional opportunities, niche position in the reinsurance markets and expansion of the international footprint should help it maintain the momentum. Image Source: Zacks Investment Research The company currently carries a Zacks Rank #5 (Strong Sell).Stocks to ConsiderSome better-ranked stocks from the insurance space are Lincoln National Corporation LNC, Manulife Financial Corporation MFC and Alleghany Corporation Y, each currently carrying Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Lincoln National delivered an earnings surprise of 22.97% in the last reported quarter.Manulife Financial delivered an earnings surprise of 8.47% in the last reported quarter.Alleghany delivered an earnings surprise of 110.97% in the last reported quarter.Bitcoin, Like the Internet Itself, Could Change EverythingBlockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lincoln National Corporation (LNC): Free Stock Analysis Report Manulife Financial Corp (MFC): Free Stock Analysis Report Reinsurance Group of America, Incorporated (RGA): Free Stock Analysis Report Alleghany Corporation (Y): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research