Reinsurance Group of America
Encyclopedia
Reinsurance Group of America, Incorporated, is a leader in the global life reinsurance
industry, with more than $2.4 trillion of life reinsurance in force and assets of more than $27,2 billion. RGA serves clients from 27 offices around the world, delivering "expert solutions" in life reinsurance, facultative underwriting, risk management, product development, and capital-motivated reinsurance services.
From its beginnings more than 37 years ago in St. Louis, Missouri
, RGA has grown to become not only the leading facultative underwriter in the U.S., but a key player in the global life reinsurance field. RGA's main competitors are General Re
, Munich Re
and Swiss Re
.
The rating agencies most relevant to the insurance industry have awarded Reinsurance Group of America very strong insurer financial strength ratings (Standard & Poor's
AA- "Very Strong" - A.M. Best
A+ "Superior" and Moody’s Investors Service A1 "Good").
Reinsurance
Reinsurance is insurance that is purchased by an insurance company from another insurance company as a means of risk management...
industry, with more than $2.4 trillion of life reinsurance in force and assets of more than $27,2 billion. RGA serves clients from 27 offices around the world, delivering "expert solutions" in life reinsurance, facultative underwriting, risk management, product development, and capital-motivated reinsurance services.
From its beginnings more than 37 years ago in St. Louis, Missouri
Missouri
Missouri is a US state located in the Midwestern United States, bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas and Nebraska. With a 2010 population of 5,988,927, Missouri is the 18th most populous state in the nation and the fifth most populous in the Midwest. It...
, RGA has grown to become not only the leading facultative underwriter in the U.S., but a key player in the global life reinsurance field. RGA's main competitors are General Re
General Re
Gen Re is a leading property/casualty and life/health reinsurance company and is owned by Berkshire Hathaway Inc.-History:General Reinsurance Corporation’s history began in 1921 when two Norwegian companies, Norwegian Globe and Norwegian Assurance, merged and took the name General Casualty and...
, Munich Re
Munich Re
Munich Re Group is a reinsurance company based in Munich, Germany. It is one of the world’s leading reinsurers. ERGO, a Munich Re subsidiary, is the Group’s primary insurance arm....
and Swiss Re
Swiss Re
Swiss Reinsurance Company Ltd , generally known as Swiss Re, is a Swiss reinsurance company. It is the world’s second-largest reinsurer, after having acquired GE Insurance Solutions. The company has its headquarters in Zurich...
.
The rating agencies most relevant to the insurance industry have awarded Reinsurance Group of America very strong insurer financial strength ratings (Standard & Poor's
Standard & Poor's
Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...
AA- "Very Strong" - A.M. Best
A.M. Best
A.M. Best Company, Inc., headquartered in Oldwick, New Jersey, is a rating agency designated as a Nationally Recognized Statistical Rating Organization by the United States Securities and Exchange Commission....
A+ "Superior" and Moody’s Investors Service A1 "Good").