Amit Punchhi
Managing Director
About RGA India
RGA’s journey into India began in 2000 and we signed our first treaty in 2001. RGA India operates through RGA Services India Private Limited, a fully owned subsidiary that was incorporated in India in 2006. Today we conduct business with the majority of licensed life insurers operating in India to help them manage mortality and morbidity risks.
At RGA, we offer reinsurance solutions including expertise in product development and design to help you launch innovative new products. We listen carefully to determine your needs and customize each transaction to fit your requirements by adapting proven concepts.
Our rapid growth in the Indian market has been on the strength of our ability to offer outstanding client service by continually exceeding expectations. Our team includes 40 full-time experienced professionals including four actuaries and three consultant physicians.
We bring innovative products to the India market by tapping into RGA’s global strengths in pricing, underwriting and product development to help our clients surpass previous levels of success. We designed and launched India’s first preferred term product and its first fully underwritten term product sold over the Internet. We also recently expanded our health, group and credit life businesses and introduced an Indian version of RGA’s
Global Underwriting Manual (GUM).
World’s Leading Facultative Underwriter
When it comes to
facultative reinsurance, RGA is the worldwide leader. The company reviewed more than 327,000 cases in 2012 and has reviewed more than 3 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 nearly approximately $2.9 trillion of life reinsurance in force. Our mortality and morbidity databases are among the largest worldwide.
e-Underwriting Solutions
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.
Hands-On Training for Client Underwriters and Actuaries
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, including RGA’s
Global Underwriting Learning Framework (GULF). We also share our insight and expertise through newsletters, white papers and articles.
Advancing the Indian Insurance Industry
We have a strong commitment to the growth and success of the Indian insurance industry. Our experts are members of numerous insurance-related organizations including the Institute of Actuaries of India and the Association of Indian Underwriters among others.
We invite you to contact us to learn more about how we can meet your reinsurance needs — whether you want to bring a new product to market, improve the performance of an existing product or better manage your risk and capital through financial solutions.