RGA Receives License to Operate Branch Office in Singapore
“RGA is pleased to expand the range of services in our Singapore business with this new licensed branch, which now enables us to work directly with clients in Singapore to develop customized solutions that support their needs,” said Alain Néemeh, Senior Executive Vice President, Global Life & Health Markets, RGA. “Our strong Asia Pacific market presence continues to grow, and we look forward to further strengthening partnerships in this region.”
Dr. René Cotting will serve as the Chief Executive Officer of the newly licensed branch.
To coincide with the establishment of the Singapore branch, RGA International is transferring the existing Singapore business to the branch, and will now offer a full suite of RGA products and services to its clients. The change will not affect the terms and conditions of existing treaties.
Reinsurance Group of America, Incorporated is one of the largest global life and health reinsurance companies in the world. The company provides clients with individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting and product development. RGA and its subsidiaries serve clients from operations in Australia, Barbados, Bermuda, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Singapore, South Africa, South Korea, Spain, Taiwan, Turkey, the United Arab Emirates, the United Kingdom, and the United States. Worldwide, RGA has approximately $2.8 trillion of life reinsurance in force and assets of $47.6 billion.