Reinsurance News
Reinsurance Group of America
RGA sees Q2’25 net income decline despite net premium increase
1st August 2025
Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced its financial results for the second quarter of 2025, reporting net income available to shareholders of $180 million, a decrease compared to last year’s $203 million. RGA adjusted operating income and adjusted operating income, excluding notable items, ... Read the full article
RGA completes $32bn reinsurance transaction with Equitable
1st August 2025
Reinsurance Group of America (RGA) has completed its previously announced $32 billion reinsurance transaction with Equitable Holdings, covering a diversified portfolio of life insurance products. Back when the deal was first revealed, RGA said it is reinsuring 75% of Equitable’s in-force life insurance liabilities, which includes approximately $18 billion of ... Read the full article
RGA enters into coinsurance transaction with Anshin Life
5th June 2025
Global life and health reinsurer, Reinsurance Group of America (RGA), has reached an agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), a domestic life insurance subsidiary of Tokio Marine Holdings, to reinsure a block of whole life policies through coinsurance. The new collaboration builds on a successful ... Read the full article
RGA announces JPY 150bn coinsurance transaction with Dai-ichi Life
3rd June 2025
Reinsurance Group of America (RGA), a global life and health reinsurer, has reached an agreement with The Dai-ichi Life Insurance Company for an RGA subsidiary to reinsure JPY 150 billion in statutory reserves through coinsurance. The transaction is effective March 31, 2025. Gaston Nossiter, Senior Vice President, Japan; Asia Pacific Financial Solutions, ... Read the full article
RGA reports net income of $286m as net premiums dip
2nd May 2025
Reinsurance Group of America, Incorporated, a global provider of life and health reinsurance, has reported Q1 2025 net income of $286 million, or $4.27 per diluted share, compared with $210 million, or $3.16 per diluted share, in the prior-year quarter. The firm's adjusted operating income is reported at $378 million, or ... Read the full article
RGA names My Chi To as EVP, Chief Legal Officer, and Corporate Secretary
28th April 2025
Reinsurance Group of America (RGA), a global life and health reinsurer, has announced the appointment of My Chi To as Executive Vice President (EVP), Chief Legal Officer, and Corporate Secretary, effective May 19th, 2025. To will succeed Bill Hutton, who is retiring after 27 years with RGA. In her new role, she ... Read the full article
RGA and Equitable announce $32bn reinsurance transaction
24th February 2025
Reinsurance Group of America (RGA) has entered into an agreement with Equitable Holdings, Inc. to reinsure a $32 billion diversified block of life insurance products. According to RGA, it is reinsuring 75% of Equitable’s in-force life insurance liabilities, which includes approximately $18 billion of general account reserves and $14 billion of ... Read the full article
RGA sees net premiums swell 18% in 2024 to $17.8bn
7th February 2025
Reinsurance Group of America (RGA) has reported that net premiums for the full year 2024 totalled $17.8 billion, marking an increase of 18.3% from 2023. According to the firm, net premiums for the full year 2024 included a contribution of approximately $2.9 billion from single premium pension risk transfers, compared with ... Read the full article
RGA makes strategic investment in PACT Capital
15th January 2025
Reinsurance Group of America (RGA), Incorporated, a provider of life and health reinsurance, has made a strategic investment in and anchor commitment to PACT Capital LLC, an independent investment firm supporting middle-market alternative asset managers. PACT will seek to partner with high-performing established and emerging private capital firms to help them ... Read the full article
RGA’s Ruby Re reaches $480m of total funding following second investment round
13th November 2024
Reinsurance Group of America (RGA) , a global life and health reinsurer, has announced today that Ruby Re, a reinsurance sidecar vehicle sponsored by RGA and focused on the US asset-intensive market has successfully closed a second round of funding, raising a total of $480 million in capital. The second round ... Read the full article
Reinsurance Group of America’s net income drops in Q3 2024
1st November 2024
Reinsurance Group of America (RGA), Incorporated, a provider of life and health reinsurance has posted its financial results for the third quarter of 2024, which includes net income available to RGA shareholders of $156 million, a decrease compared to last year's $287 million. RGA's adjusted operating income for Q3 2024 sat ... Read the full article
Prudential and RGA launch “first-in-market insurtech solutions” MedScreen+
28th October 2024
Prudential has announced the Hong Kong launch of MedScreen+, a digital underwriting tool developed in collaboration with Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer. By utilising optical character recognition (OCR) and artificial intelligence (AI) technology, RGA's MedScreen+ can reduce medical report assessment times to ... Read the full article
RGA extends coinsurance contract by KRW 150bn with Tongyang Life Insurance
24th October 2024
Reinsurance Group of America (RGA) and Tongyang Life Insurance Company have agreed to increase coverage of an existing 200 billion Korean Won (KRW) coinsurance contract, originally executed in June 2024. Under the new arrangement, coverage is expanded by an additional KRW 150 billion. The original agreement of in-force block of ... Read the full article
Asia’s growing senior population presents opportunities for insurers: RGA
17th October 2024
Growth opportunities are emerging for insurers as demand for private coverage rises among Asia's growing senior population, according to a recent report by Reinsurance Group of America, Incorporated (RGA). The report is based on a survey of 1,636 respondents aged 55 to 80 with minor health issues across China, Hong Kong, ... Read the full article
RGA’s consolidated net premiums rise by 17.5% to $3.9bn for Q2’24
2nd August 2024
In Q2 2024, Reinsurance Group of America (RGA), a global life and health reinsurer, reported a 17.5% year-over-year increase in consolidated net premiums, reaching $3.9 billion compared to $3.3 billion in the previous year. Consolidated net premiums saw an adverse net foreign currency effect of $33 million, after the exclusion of ... Read the full article
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