11/11/2024 | Press release | Distributed by Public on 11/11/2024 10:10
ST. LOUIS, November 11, 2024 - Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced that it again received the 2024 Outstanding Reinsurance Scheme Award from The Hong Kong Federation of Insurers and was named Life Reinsurer of the Year in the 28th Asia Insurance Industry Awards 2024, organized by Asia Insurance Review. This is the second consecutive year RGA has been recognized by The Hong Kong Federation of Insurers and the sixth time Asia Insurance Review has named RGA Life Reinsurer of the Year over the past eight years.
"RGA is humbled to once again be recognized by the Hong Kong Federation of Insurers and Asia Insurance Review. These respected awards recognize our continuous drive to offer holistic and innovative reinsurance solutions that directly address the unique needs of our clients across Asia," said Arthur Ozeki, Executive Vice President, Head of Asia Pacific, RGA. "Our ability to deliver such specialized solutions comes down to the creativity of our people and the strength of our client partnerships. We are grateful for the continued trust our valued partners place in RGA as we collaborate to expand accessibility of financial protection for more families."
The Outstanding Reinsurance Scheme Award, presented at the 2024 Hong Kong Insurance Awards, is given to the reinsurer that has developed a distinguished reinsurance scheme that provides superior service and security to clients, as well as value-added offerings to insurers.
According to Asia Insurance Review, the winners of the Asia Insurance Industry Awards exemplify the best of the industry, showcasing efforts to improve sustainability, groundbreaking digital capabilities, and market-leading innovations and solutions. Winners are selected by a panel of judges, representing a cross-section of the industry, including regional and international market leaders, association heads, and regulators. RGA was selected for the award based on its commitment to providing bespoke solutions for its clients' unique challenges.
In addition to these latest recognitions, RGA also was ranked #1 by ceding companies in the Asia region on NMG Consulting's 2024 All Respondents Business Capability Index.
About RGA
Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA is today one of the world's largest and most respected reinsurers and remains guided by a powerful purpose: to make financial protection accessible to all. As a global capabilities and solutions leader, RGA empowers partners through bold innovation, relentless execution, and dedicated client focus - all directed toward creating sustainable long-term value. RGA has approximately $4.0 trillion of life reinsurance in force and assets of $120.3 billion as of September 30, 2024. To learn more about RGA and its businesses, please visit rgare.com or follow RGA on LinkedIn and Facebook. Investors can learn more at investor.rgare.com.