Reinsurance Group of America
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Reinsurance Group of America, Incorporated (NYSE: RGA) is a holding company for a global life and health reinsurance entity based in
Greater St. Louis Greater St. Louis is a bi-state metropolitan area that completely surrounds and includes the independent city of St. Louis, the principal city. It includes parts of both Missouri and Illinois. The city core is on the Mississippi Riverfront on t ...
within the western suburb of
Chesterfield Chesterfield may refer to: Places Canada * Rural Municipality of Chesterfield No. 261, Saskatchewan * Chesterfield Inlet, Nunavut United Kingdom * Chesterfield, Derbyshire, a market town in England ** Chesterfield (UK Parliament constitue ...
,
Missouri Missouri is a state in the Midwestern region of the United States. Ranking 21st in land area, it is bordered by eight states (tied for the most with Tennessee): Iowa to the north, Illinois, Kentucky and Tennessee to the east, Arkansas t ...
, United States. With approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.


History

General American Reinsurance, a reinsurance division formed in 1973 by General American Life Insurance Company (GA), was the forerunner to RGA."RGA IPO" By 1993, GA’s reinsurance division had grown its life reinsurance in force to $114.7 billion.Strength, Stability, Service – General American 1992 Annual Report, p.34 General American acquired the life reinsurance business of National Reinsurance of Canada, later renamed General American Life Reinsurance Company of Canada, 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, 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 The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
(NYSE: RGA), with General American retaining a 65% share. MetLife acquired General American in 2000, including its interest in RGA, and after 8 years of ownership, MetLife spun RGA off to become a fully independent company.


Awards

Ranked 222 on the 2022 Fortune 500 list, RGA was also named to ''Forbes'' “America’s 50 Most Trustworthy Financial Companies” 2014 list and the Forbes Global 2000: Best Regarded Companies list. In 2017, RGA was ranked #1 on NMG Consulting’s Global All Respondent Business Capability Index (BCI), based on feedback from insurance executives in more than 50 markets.


Products and services

RGA’s business includes life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions and facultative underwriting. RGA also sells bancassurance and retakaful, and offers product development, risk management, electronic underwriting and client training services.


References


External links

* Companies listed on the New York Stock Exchange Companies based in Chesterfield, Missouri Insurance companies of the United States Reinsurance companies Financial services companies established in 1973 1973 establishments in Missouri {{insurance-company-stub