RGA Foundation Commits $1.5 Million to Support COVID-19 Response
ST. LOUIS, Apr. 30, 2020 – Reinsurance Group of America, Incorporated (NYSE: RGA) today announced that the RGA Foundation will donate $1.5 million to help support COVID-19 relief efforts. Through the RGA Foundation, a non-profit foundation formed in 2016, RGA is distributing funds to organizations around the world committed to addressing the needs of individuals and communities impacted by the COVID-19 pandemic.
The RGA Foundation is specifically providing grants to support programs assisting healthcare professionals and frontline workers, as well as other individuals impacted directly by COVID-19. Among the programs receiving funding are Doctors Without Borders/Médecins Sans Frontières (MSF), which is caring for patients suffering from COVID-19, offering health education and mental health support, and providing training for vital infection control measures in health facilities around the world, and the SSM Health Foundation – St. Louis Urgent Response Fund, which provides vital resources for the most critical needs of frontline healthcare providers and the patients they serve.
In addition to direct assistance to frontline workers, the RGA Foundation is distributing funds to programs operating in locations aligned with RGA’s global operations, including the Red Cross and the St. Louis Community Foundation Gateway Resilience Fund and COVID-19 Regional Response Fund. The foundation is also matching RGA employee donations to charitable organizations helping those directly impacted by COVID-19.
“We owe a debt of gratitude to healthcare professionals and other essential workers responding to the pandemic, and RGA is proud to support their selfless service to our communities,” said Anna Manning, President and Chief Executive Officer, RGA. “As the COVID-19 pandemic continues to place enormous strain on healthcare systems and economies around the globe, we are grateful for the organizations and individuals working to meet the needs of those most impacted. RGA will continue to look for ways to support their efforts as we work together to overcome this unprecedented crisis.”
The RGA Foundation is a nonprofit entity established by RGA in 2016. The foundation supports charitable organizations focused on accelerating advances in health and longevity, supporting disaster relief efforts, and promoting science and math education in the communities where RGA employees live and work. For more information, please visit www.rgare.com.
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $76.7 billion as of December 31, 2019. Founded in 1973, RGA is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit the company’s website at www.rgare.com.