EMEA and UK
RGA's Europe, Middle East, and Africa (EMEA) and UK Global Financial Solutions offices serve clients from major financial centers across Europe. Every RGA GFS solution draws on our extensive financial reinsurance, longevity and asset-intensive product lines and deep knowledge of local and global markets.
- Our unique position in the region as a U.S.-based reinsurer gives RGA great flexibility to address our clients' needs.
- Building on the depth of our experience in the underwritten annuity market, RGA UK executed our first longevity swap in 2008. Since then, we have reinsured over £20 billion of U.K. longevity exposure, and RGA continues to be a leader in this area. In addition, RGA's asset-intensive, or funded, reinsurance offers attractive solutions. Our team has significant experience in structuring and executing these transactions, with more than £3 billion of premium transferred to date.
- The EMEA GFS team brings a wealth of knowledge and expertise to each transaction. Led by Paul Sauvé in Cologne, Germany, the team includes André de Vries (serving the Netherlands and Nordics region), Axel James (serving France and Belgium), and Juan de Ipiña (serving Spain and Portugal). All other EMEA markets are served directly by Paul and the rest of the EMEA GFS team in Cologne.
RGA also works closely with our clients to identify areas where financial reinsurance may provide substantial benefits. Each transaction is tailored to the individual client, based on a detailed sharing of information and objectives, and backed by the financial strength of RGA.
Meet Our UK Team
Hamish Galloway is Senior Vice President, Global Financial Solutions (GFS) for RGA UK Services Limited. He heads the office’s Financial Solutions team, which focuses on longevity reinsurance and financial reinsurance.
In 1998, Hamish was the first employee hired by RGA in the United Kingdom. He was an integral member of the team that took RGA’s UK operations from a startup to its current status as the market’s leading life reinsurance provider. He spent the first 10 years as Chief Pricing Actuary. He was named Head of Longevity and Financial Reinsurance in 2009, and later became Senior Vice President, GFS.
Hamish came to RGA from Gerling Global (UK), where he headed up its Pricing and Valuation areas. He began his career at Manulife Financial, and stayed on when it was bought by Canada Life, working as the valuation actuary for the unit-linked subsidiaries.
Hamish graduated from Cambridge University’s Sidney Sussex College, and qualified as an actuary in 1993. He is a Fellow of the Institute of Actuaries (FIA).
Emma started her career as a Senior Consultant in the Insurance Practice of Watson Wyatt (now Willis Towers Watson), and later held a number of executive positions at AXA U.K., including Chief Risk Officer and as Director of Pensions, Treasury, ALM & Capital Management before joining RGA. Through these roles she worked across a number of areas including life, property and casualty, risk, investments, pensions, treasury, corporate finance, capital management, and mergers and acquisitions.
Emma received a Bachelor of Science degree in Mathematics Operational Research Statistics and Economics (MORSE) with first class honours from Warwick University, and is a Fellow of the Institute and Faculty of Actuaries (FIA) in the U.K.
Laura Hardy is a Vice President, Business Development for RGA's Global Financial Solutions unit in the United Kingdom, where she is responsible for implementing capital-motivated reinsurance solutions. Working with our clients in the UK and Ireland, she focuses on client relationship management and structuring of longevity, asset intensive and financial reinsurance solutions.
Laura joined RGA in 2012. Prior to joining the company, Laura was a consultant for Willis Towers Watson in the Pensions division, where she advised multinational sponsors and trustees on de-risking strategies including bulk annuity and longevity swap products.
Laura holds a Bachelor of Science (B.Sc.) degree in physics and a Master of Science (M.Sc.) degree in actuarial finance. She is a Fellow of the Institute of Actuaries (FIA).
Dale joined RGA in 2005. He has held a number of roles throughout the organization, including pricing of traditional term and critical illness products in the United Kingdom and as an actuary on the Research and Development team. Starting in 2007, Dale helped develop RGA’s Longevity function and Global Financial Solutions Pricing team throughout the region.
Dale received a Bachelor of Business Science (BBusSci) degree in finance and actuarial science from the University of Cape Town in South Africa. He is a Fellow of the Institute of Actuaries (FIA).
Sherlee joined RGA in 2012. Prior to joining RGA, Sherlee was an Actuarial Executive Advisor in the Financial Risk Management department of KPMG, where she was involved in Solvency II model implementation, Prophet modelling and systems migration, Solvency II internal model validation, and MCEV review.
Sherlee received a Master of Science (M.S.) degree in applied mathematics from University of the Philippines. She is a Fellow of the Society of Actuaries (FSA) and a Fellow of the Institute of Actuaries (FIA).
Jamie joined RGA in January 2014. Prior to his current role, Jamie worked as a Pricing Actuary for GFS, where his predominant focus was pricing longevity swap transactions, as well as establishing infrastructure for the UK GFS small schemes offering. Prior to joining RGA, Jamie was a Senior Pricing Analyst in the Valuations team at ReAssure, focusing on the statutory reporting of SwissRe’s longevity swap business.
Jamie received a Masters of Mathematics and Statistics degree (MMathStat) from the University of Newcastle. He is a Fellow of the Institute of Actuaries (FIA).
Prior to RGA, Sam was a consultant for Willis Towers Watson in their Life Insurance division, focusing on M&As, outsourcing arrangements, and software solutions.
Sam received a masters degree in Mechanical Engineering (with honours) from the University of Bristol, and is a Fellow of the Institute of Actuaries (FIA).
Danielle Singh is Business Development Director in RGA’s Global Financial Solutions (GFS) unit in the United Kingdom. She is responsible for client relationship management and for the structuring, execution, and maintenance of UK longevity and asset-intensive deals.
Danielle joined RGA in 2013. Prior to her current role, she worked as a Business Development Actuary for GFS. She also was a Pricing Actuary, where she was responsible for pricing reinsurance of traditional term and critical illness products in the United Kingdom.
Before joining RGA, Danielle was a Pricing Actuary at Lucida plc, where she priced and executed bulk buy-in/out transactions with UK pension schemes.
Danielle holds a Bachelor of Science (B.Sc.) degree in mathematics from Kings College, University of London, and she is a Fellow of the Institute of Actuaries (FIA)
Meet Our EMEA Team
Currently based in Cologne, Germany, Paul, who joined RGA in 2006, has worked in the insurance industry for 25 years. He began his career at Mutual Life of Canada, now part of Sun Life of Canada. He also worked for Manulife in its Singapore, Hong Kong and Germany offices, rising to Managing Director of Manulife’s Cologne office.
Paul received a Bachelor of Mathematics degree with Honours in actuarial science and statistics from the University of Waterloo, Canada. He is a Fellow of the Society of Actuaries (FSA), a Fellow of the Canadian Institute of Actuaries (FCIA) and a member of the Deutsche Aktuarvereinigung (DAV).
As Vice President, Business Development EMEA for RGA’s Global Financial Solutions (GFS) unit, André de Vries focuses on capital-motivated reinsurance, including longevity. André was directly involved in the longevity transactions that RGA implemented for Delta Lloyd in the Netherlands in 2014 and 2015. He is based in Amsterdam, the Netherlands, and has worked in the financial industry for more than 15 years.
André began his career at ABN AMRO Bank as a quantitative consultant analyzing pre-payment risk in mortgage portfolios. Subsequently, he joined the Credit Risk Modelling group, heading the team responsible for measuring counterparty credit exposure on derivative portfolios. After that, André moved to the investment bank as a member of the Insurance Solutions Group, where he structured life insurance reserve financing transactions for clients in the United States and Canada.
André studied econometrics at the University of Tilburg and actuarial science at the University of Amsterdam.
Alexandra Field is Director, Business Development, EMEA, Global Financial Solutions for RGA International Reinsurance Company dac. Her focus is on developing and closing capital-motivated reinsurance solutions under Solvency II for selected Continental-European countries.
Alexandra joined RGA in 2009. Prior to that, Alexandra worked as Senior Originator for life reinsurance transactions at West LB and as Marketing Actuary in the Life department of Converium Rückversicherung (now SCOR). She began her career in actuarial consulting at Tillinghast Towers-Perrin (now Willis Towers Watson).
Alexandra has a Master's degree in mathematics from the University in Tübingen. She qualified as a member of the German Actuarial Association in 2002 and is also a member of the Swiss Actuarial Association.
In his role as Director of RGA International Reinsurance Company dac, Sucursal en España, Juan de Ipiña is part of the EMEA Global Financial Solutions (GFS) team, focusing on business development in the insurance markets of Spain and Portugal. He joined RGA in 2014.
Juan is a finance professional with extensive experience in risk management, Solvency II, financial reporting, corporate finance and analysis in the insurance sector. He has 24 years of insurance industry experience including serving four years as the director of KPMG’s Financial Risk Management department, focusing on Solvency II consulting solutions, and 11 years for Tillinghast-Towers Perrin (now Willis Towers Watson) in London and Madrid in a variety of positions.
Juan is a qualified actuary and Fellow of the Institute of Actuaries – U.K. (FIA), and has been a Fellow of the Spanish Institute of Actuaries since 1999. He received a Bachelor’s degree in economics and actuarial science from Carlos III de Madrid and ICADE, respectively. He has a Master’s degree in options & derivatives from the IEB School, also in Madrid.
Axel has experience across financial sectors, mainly as an actuarial consultant for insurance companies on asset, liability, and risk management issues. He began his career as a financial engineer in Société Générale corporate and investment banking, helping to structure interest rate derivatives and fund derivatives.
Axel has two Master’s degrees: one in market finance and one in banking and finance from Sorbonne University. He also received a Master's degree in actuarial science from CNAM University and is a qualified member of the French Institute of Actuaries.