Group Reinsurance
In 2024, local teams achieved notable results for clients in every market RGA serves. As part of a successful year, RGA Australia collaborated with a local client to refresh their group offering with a women’s health benefit covering several conditions, including ectopic pregnancy, endometriosis, hyperemesis gravidarum, menopause, preterm birth, and stillbirth. In Canada, RGA worked with a client to launch a voluntary critical illness product covering 26 conditions that uses a streamlined underwriting questionnaire.
The US group team provided unique and comprehensive employer stop loss solutions to our carrier, managing general underwriter, and health plan clients. Expanded capabilities enabled coverage for more clients and opened new growth avenues. Additionally, more RGA clients leveraged MedScore®, a tool combining prescription and digital health data for enhanced group risk assessment and optimized pricing. With a combined investment, RGA and Principal Financial Group® became lead investors in Zoë Foundry, a venture studio building companies in the employee benefits space.
RGA’s ROSE® Consulting Group, a reinsurance-based cost and medical management consulting program, launched a project in 2024 to address the rising number and cost of cancer claims. The group developed a full-day Cancer Case Management Workshop for nurse case managers with little to no oncology clinical experience. ROSE® led client-specific workshops and received high marks from participants for increasing their knowledge of diagnostic processes and treatment options, and enhancing their ability to engage with customers facing cancer.