Nic Lempriere-Hogg
Chief Executive Officer
About RGA South Korea
At RGA South Korea, we have a strong track record of helping our clients succeed, especially when it comes to introducing innovative new products to the market. For example, RGA provided the product and pricing expertise to the very first contemporary critical illness product launched in the Korean market.
As a testament to our ability to form mutually successful partnerships, our office now counts the majority of Korea’s life insurance companies as clients, and we have a portfolio of more than 3 million reinsured policies – a remarkable achievement in less than a decade of operating in Korea.
In 2009, RGA South Korea was ranked #1 in new individual reinsurance business by NMG Consulting. We are now widely considered the leading life reinsurer in Korea.
Comprehensive Products and Services
We offer a comprehensive line of products and services including individual life reinsurance, individual living benefits reinsurance and group reinsurance, as well as actuarial and underwriting expertise. Additionally, we offer highly effective financial solutions to you to help you manage risk and capital including capital-motivated, asset-intensive/annuity and longevity reinsurance solutions.
World’s Leading Facultative Underwriter
When it comes to
facultative reinsurance, RGA is the worldwide leader. The company reviewed nearly 300,000 cases in 2010 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 $2.7 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 in the market, and a database of more than 200,000 underwriting rules including impairments, medications, sports, 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 South Korean Insurance Industry
We have a strong commitment to the growth and success of the South Korean insurance industry. Our experts are regularly sought after to participate in industry discussion forums and make presentations on local or international contemporary issues at industry conferences and seminars.
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.