Reinsurance Group of America (RGA) is a global reinsurer focused on life, health, and longevity risk solutions. As of year-end 2024, it supports $3.9 trillion in reinsured life coverage and holds $118.7 billion in assets.
The company began in 1973 as a reinsurance arm of General American Life Insurance. It wrote its first life reinsurance policy that same year in the U.S. market. By 1992, it became a holding company with growing global operations.
Other important milestones that shaped Reinsurance Group of America’s reinsurance history include:
1977: hired first salesperson and secured first mutual insurance client
1978: adopted facultative underwriting with 24-hour turnaround standard
1980: reinsurance business grew to 40 clients and incorporated as RGA Reinsurance Company
1989: expanded into Canada and Europe, rising as top US life reinsurer
1993: held initial public offering (IPO) on the New York Stock Exchange under ticker RGA
2000: acquired by MetLife, later spun off to operate as independent global reinsurer
2024: launched Ruby Reinsurance, formed global AI-driven underwriting partnership with Digital Owl
Reinsurance Group of America also earned global praise for pension risk transfer innovation and client-first culture. RGA's recognition by Fortune in 2024 reinforced its strength in long-term reinsurance partnerships.
Reinsurance Group of America offers a full mix of reinsurance solutions that help clients manage risk and unlock capital:
individual life reinsurance: term, whole, and universal life
group life reinsurance: employer or group-based life coverage
health reinsurance: medical and fixed-benefit plan support
living benefits reinsurance: critical illness, disability, long-term care
longevity reinsurance: supports extended lifespan risk transfer
asset-intensive reinsurance: reinsures annuities and savings products
pension risk transfer: offloads pension obligations to reinsurers
facultative underwriting: case-by-case risk assessment support
automatic reinsurance: predefined limits for faster underwriting
claims management support: training and tools for claims handling
underwriting manuals and training: includes GUM, Aura, and e-learning
product design consulting: builds custom life and health products
Aura Next: automated underwriting with behavioral insights
MedScore®: risk scoring using health data
ROSE® consulting: expert help on complex claims
RGA’s reinsurance support is wide-ranging and focused on client outcomes. Their global team helps turn risk into long-term value.
Reinsurance Group of America exists to make financial protection more accessible to people everywhere. Its mission supports client prosperity, while its vision shapes RGA as a respected, long-term partner.
Their focus on supporting the whole person shapes how teams work and how employees are cared for:
physical care: medical, vision, dental, and mental health coverage in competitive benefit packages
financial care: merit increases, bonuses, and fair pay reviews built into compensation plans
emotional care: confidential employee assistance program for personal support and well-being
social care: flexible work options, family support, and programs for community involvement
workplace flexibility: hybrid roles and paid volunteering leave across regions
pay equity: ongoing audits ensure equal pay across teams and roles
Reinsurance Group of America ranks in the top 25 percent of high-performing companies for employee engagement across industries.
RGA and the RGA Foundation support education, health, and longer lives through global-local giving strategies. Its purpose-driven philanthropy responds to urgent needs while investing in lasting wellness for communities. Their initiatives include:
employee giving: matching gift program for approved charities
volunteer time: paid leave to support local causes
Longer Life Foundation: supports longevity and wellness research
industry leadership: Reinsurance Group of America serves in top global associations
insight sharing: publishes key reinsurance and risk studies
academic partnerships: co-founder of research-based nonprofit collaboration
Reinsurance Group of America believes lasting success includes market results and the real-world impact of social investment.
RGA works to remove product and distribution barriers in underserved markets to expand access to protection. As of December 2024, 98 percent pay equity was achieved between female and male employees.
Reinsurance Group of America is a member of the Geneva Association climate task force focused on climate risk action. It aims to reach net zero Scope 1 and 2 emissions across global operations.
RGA supports AI models that offer clear data paths and customizable design. Tools like DeepSeek-R1 help them meet privacy rules while improving claims and underwriting decisions. These models shape the firm’s future by blending tech efficiency with transparent risk management.
By expanding in-force transactions and Traditional segment results, Reinsurance Group of America advanced its outlook. Its growth was supported by favorable biometric claims and consistent premium strength across core regions. As of early 2025, RGA focuses on discipline, partnerships, and long-term reinsurance growth.
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