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South Korea

RGA Reinsurance Company
Korea Branch

At RGA Korea, we have a strong track record of helping our clients succeed, and we excel at introducing innovative new products. In fact, RGA provided the product and pricing expertise for the very first contemporary critical illness product launched in the Korean market. Since 2014, RGA Korea introduced 20 specialized reinsurance products. 

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Office Leadership

Shin_Michael

Michael Shin

Chief Executive Officer
RGA Korea 
Chief Marketing Officer
RGA Asia

Contacts

RGA Reinsurance Company
Korea Branch
Seoul Finance Center 9F, 136, Sejong-daero,
Jung-gu, Seoul, 04520
Korea
T 82.2.6730.1350
F 82.2.6730.1370

RGA manages one of the largest in-force blocks in the life reinsurance industry with approximately $3.0 trillion of life reinsurance in force. The company’s mortality and morbidity databases are among the largest worldwide.
 

To demonstrate RGA Korea’s commitment to being your business partner, we deliver “360° Commitment Service.” We go beyond providing products and services to offer ongoing business process support. This includes: 

  • Planning a product design workshop.
  • Developing marketing plans to increase sales. 
  • Tracking product performance per channel: we analyze successful and less successful factors after a product launch, using these findings to either refine the existing product or plan the next version.

Meet our team to learn more. 

RGA has one of the most experienced underwriting teams of any reinsurer; the company is the worldwide leader in facultative underwriting, receiving more than 6 million cases since 1979. RGA Korea offers:

  • Innovative e-underwriting solutions to help your organization underwrite better, faster, and with greater consistency. RGA’s flagship underwriting product, AURA, has the strongest underwriting rules service on the market, with thousands of underwriting rules covering impairments, medications, sports, prescription drug histories, avocations and treatments.
  • Global Underwriting Manual (GUM), a comprehensive and easy to use underwriting resource. 
  • Benchmarking studies to enable clients to compare underwriting teams with peers throughout the industry. 

Learn more on our Underwriting page or meet our team

RGA pioneered the use of reinsurance as a financial management tool. RGA Korea offers a range of financial solutions, such as capital-motivated and longevity reinsurance, to help manage capital and risk.  Learn more at our Global Financial Solutions page. 
 

At RGA, we believe in the power of shared knowledge.  

We help underwriters and actuaries stay abreast of the latest insights, research and trends through conferences and training opportunities. For example, RGA’s underwriting team in Korea provides an exclusive one-year training program for senior underwriters from 25 direct insurers.

  • RGA offers the highly regarded Global Underwriting Learning Framework (GULF), as well as newsletters, white papers and articles. 
  • We have a strong commitment to the growth and success of the Korean insurance industry. Our experts represent and actively participate in several industry societies and associations. 

Visit the Knowledge Center to learn more about RGA’s research and insights.