 | |
| Company type | Public |
|---|---|
| NYSE: RGA S&P 400 Component | |
| ISIN | US7593516047 |
| Industry | Reinsurance |
| Founded | 1973 (1973) |
| Headquarters | Chesterfield, Missouri, United States |
Key people | Tony Cheng (CEO) |
| Products | Life reinsurance, living benefits reinsurance, health reinsurance, underwriting, financial solutions |
| Revenue | $18.6 billion (2023*) *As of December 31, 2023 |
| $902 million (2023*) | |
| Total assets | $97.6 billion (2023*) |
Number of employees | 4000[1] (2023) |
| Parent | Reinsurance Group of America |
| Website | www |
Reinsurance Group of America, Incorporated (NYSE: RGA) is a holding company for a global life and health reinsurance entity[2] based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.7 trillion of life reinsurance in force and assets of $97.6 billion as of December 31, 2023,[3] RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.[4][5]
General American Reinsurance, a reinsurance division formed in 1973 by General American Life Insurance Company (GA), was the forerunner to RGA.[6] By 1993, GA's reinsurance division had grown its life reinsurance in force to $114.7 billion.[7] General American acquired the life reinsurance business of National Reinsurance of Canada,[8] later renamed General American Life Reinsurance Company of Canada,[9] thereby establishing its first international office; the Canadian business became RGA Life Reinsurance Company of Canada after RGA's initial public offering (IPO).
Incorporated in 1992 in the state of Missouri,[10] Reinsurance Group of America, Incorporated (RGA) was formed as a holding company for GA's U.S. and Canadian reinsurance businesses. RGA was taken public by IPO in 1993 on the New York Stock Exchange (NYSE: RGA), with General American retaining a 65% share.[11]
MetLife acquired General American in 2000, including its interest in RGA,[12] and after 8 years of ownership, MetLife spun RGA off to become a fully independent company.[13]
Ranked 223 on the 2023 Fortune 500 list,[14] and named to the 2023 Fortune's list of the "World’s Most Admired Companies".[15] RGA was also named to Forbes' “America’s 50 Most Trustworthy Financial Companies” 2014 list[16] and the Forbes Global 2000: Best Regarded Companies list.[17] In 2023, RGA was ranked #1 on NMG Consulting's Global All Respondent Business Capability Index (BCI) for the 12th consecutive year, based on feedback from insurance executives in more than 50 markets.[18]
RGA's products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. "CBInsights".
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