ST. LOUIS, May 20, 2013 – Reinsurance Group of America, Incorporated (RGA) hosted a groundbreaking ceremony today for its new global headquarters in Chesterfield. When completed in 2014, RGA’s new 405,000-square-foot complex will contain two five-story office towers, each equal in size and linked by a two-story atrium lobby.
The headquarters will include state-of-the-art security features, a café seating 500 people and a 2,500-square-foot fitness facility.
RGA selected the site with growth in mind. The new complex will include room for the workforce expansion the company anticipates over the next several years. In the long-term, the site has space for another office building to support future growth.
“Breaking ground on our new global headquarters is a great way to celebrate RGA’s 40th anniversary. Even with our entire St. Louis workforce in the new building, it will still have room for a significant number of additional associates to satisfy our planned growth,” said Greig Woodring, President and Chief Executive Officer of RGA. “We are very happy to make this commitment to Chesterfield and the St. Louis area,” he said.
“It is always exciting when a long-time Missouri company increases its investment into our state, which is what RGA is doing with its plans to build a new global headquarters in St. Louis County,” said Governor Jay Nixon. "Here in Missouri, we have successfully fostered a stable, predictable, pro-business environment that is encouraging companies of all sizes to invest and create jobs for our outstanding workforce, and to ensure that Missouri remains an attractive place to live and work. RGA’s expansion is just the latest evidence that our efforts are paying off.”
St. Louis County Executive Charlie A. Dooley said, “I am proud to partner with RGA and help them grow in St. Louis. I see great things ahead for this company. Honestly, one of the best parts of my job is helping tell stories of people doing good work and helping shape our region for generations to come.”
Reinsurance Group of America, Incorporated (NYSE: 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 December 31, 2012, the company had approximately $2.9 trillion of life reinsurance in force and assets of $40.4 billion.