RGA Canada helps our clients capitalize on opportunities by applying knowledge, ideas, and insights from our diversified business lines and global operations. As a Canadian life reinsurer, RGA is regulated by the federal Office of the Superintendent of Financial Institutions (OSFI). RGA is a market leader in Canada.
In 2024, RGA Canada strengthened its position as the reinsurer with the highest amount of in-force individual life insurance business in the market, ending the year with $480 billion in force. A proven growth strategy generated total 2024 revenues of $1.9 billion and produced $160 million in pre-tax operating income. Leaning into RGA’s distinctive strengths in asset and biometric risk, RGA Canada completed a landmark $4 billion coinsurance transaction that was the largest universal life reinsurance transaction in the Canadian market to date. RGA also worked with other clients throughout 2024 to enhance their competitiveness within the pension risk transfer (PRT) market. RGA has consistently been recognized as a leading reinsurer in Canada in NMG Consulting’s All Respondents Business Capability Index, reflecting long standing client confidence in our expertise and partnership. We invite you to contact us to see how we can develop customized reinsurance solutions – whether to launch a new product on the market, increase the profitability of a current product, or improve the management of your risks and your capital through financial solutions.