Reinsurance Group of America Named "Life Reinsurance Company of the Year" at Asia Insurance Industry Awards
The 2008 Asia Insurance Industry Awards competition, jointly organized by Asia Insurance Review and The Review – Worldwide Reinsurance industry magazines, recognized RGA as having made “significant contributions to helping the regional life insurance industry grow and innovate” in its relatively brief time in the Asian market. A distinguished panel of judges, made up of 25 eminent industry leaders, practitioners and regulators from Asian and global markets, selected RGA for its “market-leading approach to developing reinsurance business relationships” with clients. The award went on to cite RGA’s “product innovation and adaptability to industry changes” in developing new products for clients in the Asia Pacific region.
“It is a great honor to be named ‘Life Reinsurance Company of the Year’ in the region,” said Greig Woodring, President and Chief Executive Officer of RGA. “This award is a tribute to the dedicated efforts of our local offices on behalf of our clients in the region, and an acknowledgment of the leading position RGA holds within the life reinsurance industry.”
Brendan Galligan, Executive Vice President, Asia Pacific Operations, stated: “We are extremely gratified to receive this recognition of our contributions. RGA remains committed to providing our clients with expert reinsurance and risk management solutions, and to building a stronger life insurance industry in this key global market. We thank the Asia Insurance Industry Awards for this honor.”
RGA, through its various operating subsidiaries, is among the largest global providers of life reinsurance. RGA has subsidiary companies or offices in Australia, Barbados, Bermuda, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Mexico, Poland, South Africa, South Korea, Spain, Taiwan, the United Kingdom, and the United States. Worldwide, RGA has approximately $2.2 trillion of life reinsurance in force, and assets of $22.4 billion.