Reinsurance News

Ruby Re

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

RGA launches third-party life reinsurer Ruby Re

6th December 2023

Reinsurance Group of America (RGA), a global life and health reinsurer, has launched Ruby Reinsurance Company (Ruby Re), a Missouri-domiciled third-party life reinsurance company targeting US asset-intensive business. According to the announcement, Ruby Re has closed its first round of funding and secured equity capital commitments from lead investors Golub Capital, ... Read the full article