About RGA China
RGA expanded its international reach when it opened a representative office in Beijing, China in 2005. Our Shanghai branch license application was lodged with the China Insurance Regulatory Commission (CIRC) in March 2011.
At RGA China, we continue to strengthen our relationships with more than 60 Chinese life insurance companies by increasing awareness of our individual life reinsurance solutions (facultative and automatic), as well as providing industry seminars and customized client-specific training.
As the life insurance market continues to grow in China, there will be additional opportunities, upon receiving our branch license, for us to provide capital support through financial solutions. The CIRC continues to promote products directed toward protection rather than savings.
At RGA, we believe in the power of shared knowledge. When you partner with us, we will help your underwriters and actuaries stay abreast of the latest knowledge, research and trends through conferences and training opportunities. We have a strong commitment to the growth and success of the Chinese insurance industry. Since 2005, we have hosted ten underwriting and claims seminars, and nine actuarial seminars. We also provide our clients with customized in-house training opportunities.
World’s Leading Facultative Underwriter
When it comes to facultative reinsurance, RGA is the worldwide leader. As a global organization, RGA reviewed more than 580,000 cases in 2013 and has received nearly 5 million cases since 1979.
A Global In-Force Leader
RGA also manages one of the largest in-force blocks in the life reinsurance industry with approximately $2.9 trillion of life reinsurance in force. Our mortality and morbidity databases are among the largest worldwide.
A Financial Solutions Pioneer
RGA pioneered the use of reinsurance as a financial management tool and we can bring our financial solutions expertise to you to help you manage your risk and capital.
RGA offers innovative e-Underwriting Solutions developed by our underwriting, business and technology experts designed to help your organization underwrite better, faster and with greater consistency.
Our flagship underwriting product, AURA, has the strongest underwriting rules engine on the market, with thousands of underwriting rules covering impairments, medications, sports, prescription drug histories, avocations and treatments. We also offer AURA Hosted, which is particularly effective at removing barriers in bringing simplified-issue solutions to market. It can be implemented quickly, securely and easily in almost any environment.
We invite you to contact us to learn more about how we can meet your reinsurance and training needs.