Asset-Intensive
RGA’s decades of experience in effectively managing mortality, longevity, morbidity, and policyholder behavior risks, coupled with comprehensive and integrated asset management capabilities, provides clients protection for both asset and liability sides of the balance sheet.
2024 adjusted operating income before taxes:
Asset-Intensive
$576M
Highlighting 2024, RGA’s asset-intensive transactions included two transactions with a longtime partner – a coinsurance deal in the US and a universal life reinsurance transaction that was the largest in the Canadian market to date. Additionally, RGA closed a $937 million reinsurance transaction with a leading insurer in Belgium, a market-first cross-jurisdictional coinsurance transaction in South Korea, and a $935 million coinsurance transaction in Japan. In a landmark transaction in the longevity space, one of Japan’s leading providers of life annuities selected an RGA affiliate to reinsure an approximately $4 billion in-force block of individual life annuities through coinsurance.
RGA leveraged a deep command of biometric and asset risks, as well as extensive expertise in local markets and global best practices, to deliver exceptional asset-intensive solutions in 2024, laying a strong foundation for continued success in the years ahead.
The complex transactions we completed in 2024 exemplify our steadfast commitment to partnering with clients to optimize, protect, and monetize their portfolios. By addressing capital complexities and market volatility risks head-on, we deliver pioneering, tailored financial solutions that propel our clients’ strategic objectives forward.
