The annual award competition is sponsored by Asia Insurance Review magazine. A distinguished panel of judges recognized RGA for “leveraging its global expertise and local insights to design tailored products and develop advanced underwriting frameworks to support clients”, and “leadership in providing innovative solutions to help insurers grow their bancassurance business.” (http://www.asiainsurancereview.com/)
“RGA is very pleased to be named ‘Life Reinsurer of the Year’ by the Asia Insurance Industry Awards”, said Greig Woodring, President and Chief Executive Officer, Reinsurance Group of America, Incorporated. “The award is a tribute to the tireless efforts of our associates throughout the region, who share insights and solutions with our valued clients to help them succeed.”
Tony Cheng, Chief Executive Officer, RGA Reinsurance Company, Hong Kong and Southeast Asia, Senior Vice President, Head of Asia, added, “Winning this award is a significant honor, and this year it is particularly special, given it recognizes a capability to which we are absolutely dedicated, which is helping our clients grow their businesses’ profitability, using all our capabilities – not only in Asia but worldwide. We feel our teamwork and collaboration, both with our clients and within our teams, are the differentiating factors in the reinsurance market.”
RGA Reinsurance Company is the principal operating subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA). RGA is among the largest global providers of life reinsurance with 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, the United Arab Emirates, the United Kingdom and the United States. As of September 30, 2012, the company had approximately $2.9 trillion of life reinsurance in force and assets of $39.9 billion.