Innovative, attentive, and responsive – these three guiding principles are at the foundation of RGA’s success and have led RGA Life Reinsurance Company of Canada (RGA Canada) to become one of the leading life reinsurers in the nation. RGA Canada serves clients through offices in Toronto and Montréal.
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 2021, ceding companies ranked RGA #1 on NMG Consulting’s All Respondent Business Capability Index in Canada for the 12th time in 13 years. RGA conducts business with virtually every life insurance company in the country.
RGA Canada ended 2021 with $473 billion USD of life reinsurance in force, and our total revenue exceeded $1.5 billion USD.
We invite you to contact us to see how we can develop for you customized reinsurance solutions – whether to launch a new product on the market, increase the profitability of a current product, or improve management of your risks and your capital through financial solutions.
S&P Global Ratings – AA- (Very Strong)
A.M. Best Company – A+ (Superior)
RGA Canada’s accomplished team of experts is here to help clients manage the forces reshaping risk in this complex, evolving market. Clients can look to RGA for solutions in:
- Individual Life Reinsurance: Facultative and Automatic
- Individual Living Benefits Reinsurance: Critical Illness and Disability
- Longevity Reinsurance: Innovative risk transfer solutions to reduce exposure to life annuities and pension obligations
- Group Life and Health Reinsurance: Flexible solutions for our clients’ evolving group life and health reinsurance needs
- Underwriting Expertise: Access to market-leading underwriting and risk management experts, along with proprietary tools to help clients navigate an ever-changing world of risk
- Product Development: Supporting our clients’ growth objectives through innovative concepts and expert support
Evolving consumer behavior amid the dynamic insurance landscape demands innovative solutions. Innovations in underwriting, distribution, data analysis, technology, and structured solutions offer significant growth opportunities for our life and health reinsurance clients.
As part of RGA’s extensive global experience and advanced technical knowledge network, RGA Canada is well positioned to help clients develop and deliver customized, innovative solutions. Our team of risk specialists and solution innovators will partner with clients to find new approaches to address challenging issues throughout the insurance value chain. Recent achievements include:
- RGA partnered with TransUnion, a global risk and information provider, to launch TrueRisk® Life (TRL), a model that produces credit-based insurance scores for consumer evaluation and marketing to improve risk segment selection and persistency.
- RGA Canada completed the first longevity risk transfer in the nation and has since expanded its capabilities in this area, including a landmark 2015 transaction that brought together pension, insurance, and reinsurance entities to achieve a more efficient deployment of capital.
President and Chief Executive Officer