Anna Manning

Message from the CEO

Anna Manning

President and Chief Executive Officer

“Driving RGA’s achievements is a shared, relentless commitment to pursuing work that matters, to serving an industry with a strong social mission, and to creating durable long-term value for all our stakeholders.”

Reflecting on 2019, I am once again reminded what a privilege it is to lead this great company. Every day, I work with an extraordinary global team that consistently develops innovative solutions for our clients, delivers long-term returns for our investors, and makes a meaningful impact in the communities where we live and work. Driving RGA’s achievements is a shared, relentless commitment to pursuing work that matters, to serving an industry with a strong social mission, and to creating durable long-term value for all our stakeholders.

Life insurers and reinsurers, by the very nature of our business, must withstand short-term ups and downs while looking far into the future because the financial promises we make today must endure for decades. RGA’s proven strategy aligns with the long-term nature of our business and is informed by nearly 50 years of experience, data, and relationships. Our globally diversified platform, deep technical expertise, and commitment to innovation ensure our strategic importance to our clients and fuel our financial growth. RGA demonstrated this once again through strong financial results and recognition by our clients as an industry leader and their reinsurance partner of choice.

A History of Steady Growth

As of December 31, 2019

Total Assets

$76.7B

+17%

(26-year CAGR since IPO, 1993-2019)

Book Value Per Share

$185.17

+13%

(26-year CAGR since IPO, 1993-2019)

Market Capitalization

$10.2B

+13%

(26-year CAGR since IPO, 1993-2019)

Despite our consistent success as an enterprise, we know we cannot move forward alone. For RGA and our clients to continue to succeed well into the next century, we must collectively strive to make the insurance industry itself more resilient, sustainable, and vibrant. Insurance serves an honorable purpose, which is hardcoded in the DNA of the industry. Insurance customers trust us to protect them and their loved ones, and we must endeavor constantly to earn that trust.

To that end, as RGA continues to bring groundbreaking new approaches to risk selection, product design, and data analysis to our clients, we will remain committed to leading by example as good stewards of the industry’s trust. We will promote risk selection practices that are fair, objective, and transparent. We will develop and support affordable products that meet the financial needs of a broad cross-section of society. We will champion the use of technology and data that serves the purpose of the industry and the best interests of the insurance consumer. Our unique place in the life insurance ecosystem positions us to lead, and I look forward to the leadership role RGA will play in shaping the future of the industry.

I would like to acknowledge and thank our employees, clients, shareholders, and other partners for their vital roles in making 2019 such a successful year. I look forward to what we will accomplish together in the years to come.

Anna Manning Signature

Anna Manning, President and Chief Executive Officer